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October 27, 2010 <br />Glenn Parker asked that the Appropriation Committee receive information on financial <br />figures in advance of the special town meeting. Town Manager Valente and Assistant <br />Manager Addelson will present a funding plan to the Board of Selectmen on November <br />1. The Committee thus should receive numbers by November 2. <br />Alan Levine gave a brief report on a presentation made to the School Committee on <br />October 26 by DPF Director Goddard regarding three options for replacement of space in <br />the current Estabrook School building by modular classrooms or use of the old <br />Harrington School building. A brief discussion ensued. <br />3. Special Town Meeting planning. Rob Addelson went through each warrant <br />article in detail. This was sufficient to sketch out the report and assign portions of it to <br />Committee members. <br />Shell: Eric <br />Intro: Glenn <br />Article 2a: Transfer funds from health insurance to salary line items (Joe) <br />Article 2b: Supplemental appropriations for facilities and school budgets (Alan, Mollie) <br />Article 2c: Transfer Planning salary line item to Planning expense line item (Susan) <br />Article 2d: Changes to Water, Sewer and Recreation Salary line items funded by <br />enterprise funds (John) <br />Article 2e: MWRA assessment (John) <br />Article 2f Reserve Fund (Alan, Mollie) <br />Article 3: Traffic Stabilization Funds (to act on funds received from Cubist <br />Pharmaceuticals) (Eric) <br />Article 4: Stabilization Fund (appropriate any new growth above what is needed to solve <br />problems; if none, this may be indefinitely postponed) (Dick) <br />Article 5: Extra CPA funds for Busa and Cotton Farms as legal costs for both acquisitions <br />exceeded the budgeted amounts. The source of funds is anticipated to be the CPA <br />undesignated fund balance. Rob Addelson was advised by the state Department of <br />Revenue that no adjustment to the budget will be required before tax -rate setting to <br />account for the state match being lower at 29% than the budgeted 31 %. Rather, any <br />deficit can be closed against fund balance at the end of the fiscal year. (Eric) <br />Members were asked to e -mail their draft reports to the rest of the committee with the <br />understanding that (1) drafts that are distributed this way become public documents that <br />will be made available at the next meeting, and (2) that the contents would not be <br />-3- <br />