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������������ <br /> t+¢*' ° � <br /> � _ ~ �,�p <br /> � � �'{% <br /> � � y , <br /> ����1�t�6� �w Il�j. <br /> � � � ���� <br /> t <br /> .b,!4 `-, �y� <br /> A�RRL�9za <br /> i;',/ <br /> �`'�'�"�KI�VV.('.wT.4� <br /> March 2024 <br /> .,. .......�� . .:� . �.. � � �,.����. �„� <br /> This report to Annual Town Meeting 2024 under Article 2 contains an update on issues and topics <br /> the Board felt would be of interest to Town Meeting Members.This year we have included: <br /> • an overview of Select Board goals and actions taken to achieve them; <br /> • reflections on budget and finance planning; <br /> • use of American Rescue Plan Act(ARPA)funding; <br /> • Lexington High School project; <br /> • social&racial equity initiatives; <br /> • update on municipal and school building projects; <br /> • update on recent home rule petitions; <br /> • 2025:the 250th anniversary of the Battle of Lexington. <br /> In addition,the Board would like to note Town Manager Jim Malloy's plans to retire at the end <br /> of September 2024. Mr. Malloy came to Lexington in 2018 and has provided skilled leadership <br /> throughout the trying pandemic years.He brought to Lexington a deep background in financial <br /> planning and established guidelines for the use of the Capital Stabilization Fund that will serve <br /> to reduce the burden of big-ticket capital projects like the upcoming Lexington High School <br /> project. In addition, Mr. Malloy has been a statewide and international leader serving on the <br /> Board of the Massachusetts Municipal Association (MMA) and then as President of the <br /> International City/County Management Association (ICMA). The Board looks forward to <br /> continuing to work with Mr.Malloy until his retirement. <br /> 1 <br />