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03/19/2020 AC Minutes April 15 and could be postponed for an additional amount of time. Ms. Kosnoff added that, minimally, the operating budget and the enterprise funds should be approved before July 1, 2020. Mr. Parker suggested that the report should be posted on-line as soon as possible so that town meeting members have an opportunity to review it in advance. This will be particularly important if a virtual ATM is held. It was agreed that the situation is fluid, and that the report should include caveats in the introduction to that effect. Ms. Kosnoff reported that she does not anticipate changes to the budget, adding that state aid is not expected to change. She said that there could be fewer building permits issued, for example, but the financial impact should be minimal. She added that if additional funds are needed, the Town would request a reserve fund transfer. Mr. Parker added that the economic impact of the COVID-19 pandemic could well continue into future fiscal years. Mr. Parker agreed to edit the draft report using track changes to incorporate his introduction, changes identified at this meeting, and any other changes that are submitted by Sunday. He will distribute it on Sunday. It was agreed to meet virtually on March 24, 2020 at 7:30 p.m. for a final vote. He said that, although it is traditional, it is not legally required that the report be signed. He plans to have some hard copies made,but not enough for distribution to all town meeting members as is customary. Minutes A motion was made and seconded to approve the March 5, 2020 minutes as distributed by Mr. Levine. There was a roll call vote. The motion passed. VOTE: 7-0 The meeting adjourned at 9:01 p.m. Respectfully submitted, Sara Arnold Approved: March 24, 2020 Exhibits Agenda,posted by Mr. Parker, Chair 3