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ARTICLE 18 APPROPRIATE FY2007 ENTERPRISE FUNDS BUDGETS
<br /> To see if the Town will vote to appropriate a sum of money to fund the operations of the DPW
<br /> Water and Wastewater Divisions and the Recreation Department; determine whether the money
<br /> shall be provided by the estimated income to be derived in FY2007 from the operations of the
<br /> related enterpnse,by the tax levy, by transfer from available funds, including the relevant enterpnse
<br /> fund, or by any combination of these methods, or act in any other manner in relation thereto
<br /> (Inserted by the Board of Selectmen)
<br /> FUNDS REQUESTED
<br /> FY2005 FY2006 FY2007
<br /> Enterprise Fund Actual Appropriated Requested
<br /> 1. Water
<br /> Personal Services $527,379 $561,461 $557,132
<br /> Expenses $1,275,037 $812,470 $706,781
<br /> Debt Service $237,484 $228,546 $255,921
<br /> MWRA Assessment $3,303,339 $3,775,505 $4,431,830
<br /> Total Water Enterprise Fund $5,343,239 $5,377,982 $5,861,664
<br /> 2. Wastewater
<br /> Personal Services $208,440 $225,389 $238,408
<br /> Expenses $979,363 $500,872 $468,918
<br /> Debt Service $422,713 $275,951 $282,293
<br /> MWRA Assessment $5,062,571 $5,257,126 $5,782,838
<br /> Total Wastewater Enterprise Fund $6,673,087 $6,259,338 $6,772,457
<br /> 3. Recreation
<br /> Personal Services $484,084 $540,393 $558,526
<br /> Expenses $793,456 $946,429 $899,978
<br /> Debt Service $100,000 $100,000 $268,000
<br /> Total Recreation Enterprise Fund $1,377,540 $1,586,822 $1,726,504
<br /> DESCRIPTION Under Massachusetts General Laws Chapter 44, Section 53F1/2, towns may
<br /> establish Enterpnse Funds for a utility, health care, recreation and transportation facility, with
<br /> its operation to receive related revenue and receipts and pay expenses of such operation. This
<br /> article provides for the appropriation to and expenditure from three enterpnse funds previously
<br /> established by the Town.
<br /> Changes to the Water Enterpnse fund budget from FY2006 reflects a $62,500 reduction in
<br /> the PILOT payment to the General Fund and an estimated increase for the MWRA
<br /> assessment. Debt service includes projects previously approved by Town Meeting and the
<br /> projects proposed at this Town Meeting (Articles 29 and 30) At the time of the pnnting of
<br /> this Warrant, collective bargaining increases have not been included, as negotiated
<br /> settlements have not been reached with the DPW union.
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