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APPROPRIATION COMMITTEE-ATM 2018
<br /> FY2019 Projected General Fund Expenditures
<br /> Total: $221,136,159
<br /> Benefits&Insurance,
<br /> $35,548,859 , 16% Property Insurance&
<br /> Solar,$1,429,839,
<br /> 1%
<br /> Municipal Debt(within-Levy),
<br /> Departments, $10,997,766,5%
<br /> $38,229,823, 17%,
<br /> Reserve Fund,
<br /> $900,000'0%
<br /> Facilities,
<br /> $10,733,728,5%
<br /> Minuteman Regional
<br /> School,$2,126,217, ��Ir
<br /> 1% Cash Capital,
<br /> $7,299,138,3%
<br /> mriaiiiillllll%llllllllll/lllllllllll ���� Other$5,75(allo a 3 %,
<br /> Lexington Public
<br /> Schools,
<br /> $108,111,445,
<br /> 49%
<br /> Expenditure Category FY2019 Projected % of Total
<br /> Lexington Public Schools $108,111,445 49%
<br /> Minuteman Regional School $2,126,217 1%
<br /> Municipal Departments $38,229,823 17%
<br /> Benefits & Insurance $35,548,859 16%
<br /> Property Insurance & Solar $1,429,839 1%
<br /> Debt(within-levy) $10,997,766 5%
<br /> Reserve Fund $900,000 0%
<br /> Facilities $10,733,728 5%
<br /> Cash Capital $7,299,138 3%
<br /> Other (allocated) $5,759,344 3%
<br /> Total General Fund Expenditures $221,136,159 100%
<br /> The Challenge Ahead: Balancing Need to Upgrade Infrastructure with Taxpayer Impact
<br /> As is apparent from the discussion above, the Town is currently in the midst of an intense period of capi-
<br /> tal investment in the expansion, renovation and upgrading of its schools, municipal service buildings and
<br /> other infrastructure. The need for this capital investment is driven in part by the continuing phenomenon
<br /> of steadily increasing enrollment growth at all levels of our public school system as evidenced by the re-
<br /> placement of the Hastings School with a new and substantially larger facility and the decision to build a
<br /> 6
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