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DESCRIPTION: This article requests funds for the FY2011 (July 1, 2010 —June 30, 2011)
<br /> operating budget. The operating budget includes the school and municipal budgets. The
<br /> operating budget also includes requests for funds to provide salary increases for employees,
<br /> including salaries negotiated through collective bargaining negotiations. The budget also
<br /> includes certain shared costs. Appendix A lists by account FY2009 expenditures, FY2010
<br /> appropriations and FY2011 proposed appropriations. Please note that figures for FY2009
<br /> and FY2010 have been restated to reflect the revised FY2011 presentation.
<br /> ARTICLE 5 APPROPRIATE FY2011 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 FY2011 from the operations of the
<br /> related enterprise, by the tax levy, by transfer from available funds, including the relevant enterprise
<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 /> FY2009 FY2010 FY2011
<br /> Enterprise Fund Actual Appropriated Requested
<br /> 1. Water
<br /> Personal Services $609,985 $640,290 $645,488
<br /> Expenses $448,842 $363,186 $385,620
<br /> Debt Service $751,641 $1,108,100 $1,182,159
<br /> MWRA Assessment $4,565,881 $4,482,551 $4,930,806
<br /> Total Water Enterprise Fund $6,376,348 $6,594,127 $7,144,073
<br /> 2. Wastewater
<br /> Personal Services $236,450 $270,073 $276,152
<br /> Expenses $340,817 $325,600 $330,600
<br /> Debt Service $488,135 $633,497 $651,005
<br /> MWRA Assessment $5,855,209 $6,245,946 $7,182,838
<br /> Total Wastewater Enterprise Fund $6,920,611 $7,475,116 $8,433,979
<br /> 3. Recreation
<br /> Personal Services $572,781 $636,560 $631,992
<br /> Expenses $871,952 $956,815 $950,896
<br /> Debt Service $101,227 $132,600 $137,200
<br /> Total Recreation Enterprise Fund $1,545,959 $1,725,974 $1,720,088
<br /> DESCRIPTION: Under Massachusetts General Laws Chapter 44, Section 53F1/2, towns
<br /> may establish Enterprise Funds for a utility, health care, recreation and transportation
<br /> facility, with its operation to receive related revenue and receipts and pay expenses of such
<br /> operation. This article provides for the appropriation to and expenditure from three
<br /> enterprise funds previously established by the Town.
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