1998-04-13-ATM-min - Laserfiche WebLink

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Adjourned Session —1998 Annual Town Meeting, cont.... April 13, 1998 ARTICLE 2: REPORTS OF COMMITTEES 8:19 P.M. Town Manager Richard White reported on the Operating Budget for FY99. 8:35 p.m. William Kennedy, Chairman of Capital Expenditures Committee, moved that the report of the Capital Expenditures Committee be accepted and placed on file. Following a unanimous voice vote, the Moderator declared the report to have been accepted and placed on file. Mr. Kennedy summarized the report of the Committee. 8:39 p.m. Paul Lapointe, Chairman of the Appropriation Committee, announced the Town's receipt of the Distinguished Budget Presentation Award presented by the Government Finance Office for budget document, the Town's second award for distinguished budget presentation award. Mr. Lapointe recognized Town Manager Richard White and staff for production of the document. Paul Lapointe, Chairman of the Appropriation Committee, moved that the report of the Appropriation Committee be accepted and placed on file. Following a unanimous voice vote, the Moderator declared the report to have been accepted and placed on file. Mr. Lapointe presented a brief overview of critical financial issues confronting the Town, including: Capital Budgeting, Financial Reserves, Special Education, and Enterprise Funds. ARTICLE 4: OPERATING BUDGET 8:55 p.m. Presented by Selectman Peter Enrich. ------------------------------ MOTION: That the following amounts be appropriated for the ensuing fiscal year and be raised in the tax levy except where a transfer is indicated they shall be provided by such a transfer. ----------------------------- 8:57 p.m. The Moderator recognized Superintendent of Schools Dr. Jeffrey Young for a school budget overview and presentation on FY99 budget priorities. 9:16 p.m. Perry Pollins, pr.5, spoke on taxation and cost of public education. 9:20 p.m. Sheldon Spector, pr.6, questioned Paul Lapointe, Appropriation Committee, on the estimated shortage in the FY98 Special Education budget and how the estimated shortage amount was derived. Mr. Lapointe explained the Appropriation Committee Report focuses on the cost of Special Education tutors and other indicators. Mr. Spector then questioned Dr. Young on the large increase in anticipated fee revenue. Dr. Young explained the line item now includes multiple fees. 9:24 p.m. David Kanter, pr. 7, explained he remains concerned on the absence of a resolution on Special Education expenses and a commitment to resolve the funding source.