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117 <br /> SPECIAL TMN MWTING I LD OCTOBER 29, 1934 <br /> The meeting was called to order by the Moderator, <br /> Robert H. Holt, at 8:08 P.M. <br /> There were one hundred forty-five Town Meeting Members <br /> present. <br /> Town Clerk, James J. Carroll, read the Warrant for the <br /> meeting until further reading was waived. A unanimous vote. <br /> Town Clerk, James J. Carroll, read the Constables re- <br /> turn of the Warrant. <br /> Selectman Mr. Trask moved to take up Article 1. Under <br /> Article One Mr. E. H. Locke , Chairman of the Salary Adjustment <br /> Committee , read the following report: <br /> TO TtE TOWN' I, ETING MEMBERS OF LEXINGTON: <br /> By vote of the Town Meeting on March 26, 1934, you <br /> instructed the Moderator to appoint a committee of seven, <br /> composed of the Chairman of the Board of Selectmen, the Chair- <br /> man of the Appropriation Committee, the Chairman of the School <br /> Committee, and one Town Meeting member from each of the four <br /> precincts to make recommendations to the Town Meeting con- <br /> cerning the restoration of the salary cut which became effec- <br /> tive July 1, 1933, and to report at some time during the current <br /> year. The committee so appointed offers the following report: <br /> Preliminary disucssion of the question indicated <br /> that without knowledge of certain facts and figures not avail- <br /> able at this time the Committee should not try to reach a <br /> majority recommendation even though the members might hold <br /> individual opinions as to whether the time had come to make a <br /> restoration of pay in whole or in part. It is our belief that <br /> the majority of the Town Meeting members voted infavor of the <br /> 15% reduction for one or more of the following reasons : Be- <br /> cause other towns were reducing salaries ; because of ,reduction <br /> in the cost of living; because the Town Meeting members and <br /> the taxpayers almost without exception had had their salaries <br /> and income reduced; and because in the face of high taxes and <br /> particularly the increasing cost of welfare work they believed <br /> that it was reasonable to expect Town employees to share in <br /> this added burden. <br /> It is entirely impossible for this Committee to <br /> secure accurate estimates of income and expenses for the <br /> next year and so indicate what the trend of our tax rate may <br /> be. The complete restoration of the pay cut would add ap- <br /> proximately $2 .00 to the tax rate, other figures remaining <br /> the same. <br /> The cost of welfare work appears to be particularly <br /> important and yet indefinite. Large amounts of Federal funds <br /> are being allocated to Lexington, which at the present time <br /> will reduce the assessed cost of our welfare work. But when <br /> these funds are no longer available an increased burden will <br /> fall upon the taxpayers, which may add several dollars to the <br /> tax rate. <br /> The certainty of changes in the cost of living, the <br /> cost of materials, the value of the dollar, and particular:y <br /> the cost of welfare work convince this Committee that no <br /> specific recommendations can be made at this time and we have <br /> voted so to report to this Meeting. <br /> Respectfully submitted, <br /> October 26, 1934 . E. H. Locke, Chairman <br />