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APPROPRIATION COMMITTEE - STM 2016 -4 (PART 1) Introduction The Appropriation Committee is appointed by the Town Moderator and serves as an advisory group to the elected members of Town Meeting. The Committee is required by Town bylaw to present its recom- mendations to Town Meeting prior to any vote with a financial impact on the Town. This report summa- rizes the Committee's deliberations and analyses regarding the warrant articles deemed to have financial significance, along with the vote of the Committee for each article. The Committee also gives oral reports and responds to questions during Town Meeting as necessary, or when important information has become available following the publication of a report. This report is distributed to the members of Town Meeting as a printed document and as an electronic document via the Town website. It was published on April 18, 2016, a week prior to the session when the articles discussed in this report are anticipated to be taken up in Town Meeting. Two remaining Special Town Meeting articles will be deferred until May 9, 2016: Article 2016 -2.2: Land Purchase — 20 Pelham Road Article 2016 -4.5: Purchase of Belmont Country Club Land The Committee will publish Part 2 of this report on May 2, 2016, one week in advance of this debate. 1