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252 <br /> VII . FISCAL 78 EXPENSE BUDGET <br /> Reviewed for extremely large items. Chairman Furash <br /> requested Mr. Perry to have in the near future this <br /> expense budget listed in the reverse order of increases - <br /> same as we did last year. <br /> VIII . CAPITAL FUNDING - Mr. Zehner <br /> Chairman Furash proposed to Mr. Zehner that we consider <br /> 10 year bonding rather than the shorter period of time <br /> which has been used in the recent past. Mr. Zehner passed <br /> out brochures that showed the Committee the work that had <br /> to be done in order to get bonding proposals. A 20 page <br /> brochure had to be put out last year in order to get the <br /> banks interest. Mr. Zehner pointed out that the Northeast <br /> is having considerable trouble in view of the New York City <br /> fiasco. Mr. Zehner gave the committee an outline showing <br /> 5 and ten year basis as outlined in the notes on file. <br /> All members of the Committee recommended 10 year bonding <br /> for the exception of Mr. Hall who thought 5 years was <br /> better. <br /> IX . TOWN AUDIT <br /> Chairman Furash informed the Committee that he has told the <br /> Board of Selectmen that he may want an Article in the Town <br /> Warrant re a Town Audit. He has asked Mr. Campbell to <br /> review with the Committee the conversations he has had with <br /> the DPW. <br /> X. MYSTIC VALLF,Y <br /> Chairman Furash asked that the minutes show he has received <br /> the budget from the above . <br /> Mr. White has the budget and is to get together with Mr. <br /> Gilman re the Board of Health as well. <br /> Meeting adjourned at 10: 05 P.M. <br /> Next meeting is scheduled for Monday, December 6, 1976 at 7:30 P.M. <br /> Respectfully submitted, <br /> hn Blaisdell/mo'b <br /> Secretary <br />