2018-04-23-AC-min - Laserfiche WebLink

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04/23/2018 AC Minutes • The expected increase in commercial/industrial personal property tax needs to be evaluated, in view of the fact that depreciated personal property shifts tax levy burden to real estate property. • Traffic is a major issue. • Preparing recommended zoning changes by fall 2018 may be too aggressive. After AC members participated in an on-line survey that provided instant results showing traffic as the biggest concern, Ms. Tintocalis reported that she and her staff are meeting with a number of stakeholders in the near future to get additional input. Additionally, the general public will be invited to a town-wide presentation to be made on May 30, 2018. 2. Budget issues and the 2018 Annual Town Meeting (ATM) Ms. Kosnoff reported on the following articles: • Article 25, Rescind Prior Borrowing Authorizations: Ms. Kosnoff reviewed the capital projects for which the debt that was issued was less than that authorized and will be included in the motion for this article. A motion was made and seconded to support the rescinding of the authorizations to borrow the unissued amounts for these projects, as identified, under Article 25. The motion passed. VOTE: 9-0 • Article 30, Amend FY2018 Operating Enterprise and CPA Budgets: Ms. Kosnoff explained that the motion for this article includes minor changes in the FY2018 Personal Services and Contracts line items. A motion was made and seconded to support Article 30, as presented. The motion passed. VOTE: 9-0 • Article 31, Appropriate for Authorized Capital Improvements: It was noted that this article is to be indefinitely postponed. There were no objections. In response to a question, Ms. Kosnoff reported that the BoS is currently meeting to decide on the funding source for$40,000 being requested by the Planning Department to hire a consultant to assist in drafting zoning bylaw changes. There is $680,000 available in free cash. The $40,000 may be added to the budget by reconsidering Article 4. 3. Minutes A motion was made and seconded to approve the April 9, 2018 minutes. The motion passed. VOTE: 9-0 4. Next Meetings Mr. Bartenstein expects to cancel the currently scheduled meeting for April 25 at 6:30 p.m. He noted that additional Committee meetings will be needed this spring. The meeting adjourned at 7:25 p.m. Respectfully submitted, Sara Arnold, Recording Secretary Approved: May 17, 2018 2