2008-12-10-SC-min - Laserfiche WebLink

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SC Meeting 12/10/08 page # 2 VI. Action Items 1. Vote on Options to Reduce the FY09 Budget, if Necessary Tom Diaz made a motion to request stabilization funds if the budget has to be cut. After discussion and amendment, the following motion was passed: If funds are needed to cover reductions in chapter 70 or other state aid in the FY09 budget, 2009Town Meeting will be asked to approve a withdrawal from the Stabilization Fund of at least $932, 593; In the unlikely event that cuts are made exceeding $932,593 in FY09 or more than that amount is forecasted for FY10, an additional withdrawal of up to $1.5 million will be requested at the Town Meeting before drastic cuts are made to Town budgets for FY10; The School Committee will ask the school administration to find whatever savings are or become available and will leave any surpluses from FY09 unspent, so that the maximum funds can flow to free cash. (Diaz, Sakhuja). The motion passed 5-0. 2. Vote to Accept a $500.00 Donation from the Fidelity Charitable Gift Fund to Support the Lincoln-Douglas Debate Team Motion to accept with gratitude a $500.00 donation from the Fidelity Charitable Gift Fund to support the Lincoln-Douglas Debate Team (Coppe, Cole). The motion passed 5-0. 3. Vote to Approve School Committee Executive Session Minutes of December 2, 2008 Motion to approve School Committee Executive Session minutes of December 2, 2008 (Diaz, Sakhuja). The motion passed 5-0. VII. Motion to Adjourn (Cole, Diaz). The motion passed 5-0.