2005-03-17-AC-summit - Laserfiche WebLink

Browse Search

Budget Collaboration Meeting March 17, 2005 A Budget Collaboration Meeting was held Thursday, March 17, 2004, at 6:30 p.m. in the Clarke Middle School Auditorium. The Board of Selectmen (BOS), School Committee (SC), Appropriation Committee (AC) and Capital Expenditures Committee (CEC) were present. Mrs. Krieger called the meeting of the Board of Selectmen to order. Mr. Griffith called the meeting of the School Committee to order. Mr. Levine called the meeting of the Appropriation Committee to order. Mr. Burnell called the meeting of the Capital Expenditures Committee to order. Mrs. Krieger explained the reason for tonight’s meeting is to decide where to appropriate new growth revenue, not already included in the budget. At a previous Budget Collaborative Meeting, the group agreed to balance the FY06 Budget by making a cut of approximately $91,000 to the SC Budget with a commitment to the SC that if any further revenue was recognized the $91,000 would be returned to the budget. Ms. Vine reported that members of the Board of Selectmen agree that $290,000 of new growth revenue should be appropriated as follows; $91,000 for SC Budget; $31,338 to pay Minute Man Technical School Assessment Fees, and $176,522 to the Stabilization Fund. Mr. Levine stated the Appropriation Committee agrees with the School appropriation and the Minute Man Tech payment, but thinks it makes sense to appropriate the $176,522 to the Snow/Ice Removal Budget, instead of the Stabilization Fund. Mr. Cohen reminded the Board that every year the appropriation made toward the