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09/21/2022 AC Minutes 1 Minutes Town of Lexington Appropriation Committee (AC) September 21, 2022 Place and Time: Remote Participation: in accordance with “An Act Relative to Extending Certain State of Emergency Accommodations”, signed into law by Gov. Baker on July 16, 2022, communication took place via a Zoom teleconferencing session that was open to the public; 7:30 p.m. Members Present: Glenn Parker, Chair; Sanjay Padaki, Vice-Chair; Anil Ahuja; John Bartenstein; Alan Levine, Secretary; Eric Michelson; Sean Osborne; Lily Manhua Yan; Carolyn Kosnoff, Assistant Town Manager, Finance (non-voting, ex officio) Member(s) Absent: none Other Attendees: David Kanter, Capital Expenditures Committee At 7:35 p.m. Mr. Parker called the meeting to order, confirmed attendance by roll call, and stated that the meeting was being recorded for the purpose of creating minutes. Mr. Levine agreed to take minutes in the absence of a recording secretary. Announcements and Liaison Reports Mr. Parker reported that the Select Board had informed him that the Town’s public safety radio system is plagued with problems, and that the Board will request that this Committee approve a Reserve Fund transfer to help address the problems. Mr. Parker said that the Appropriation Committee should plan to meet on Thursday, September 29, at 6:30 p.m., i.e., 30 minutes prior to the beginning of the budget summit scheduled for that evening, to act on the transfer request. Committee Article for the Town Report Mr. Parker asked for approval of the Committee report for the 2022 Town Report, that had been circulated as a draft. There was a motion and a second to approve the report. The motion was approved by a roll call vote. VOTE: 8-0 Committee Report to the November Special Town Meeting The Committee discussed each of the articles in a draft of the warrant for the November special town meeting. Specified Stabilization Funds Ms. Kosnoff stated that she is still working on this article. There will be funds to be put into the Transportation Demand Management Stabilization Fund, the Water System Capital Stabilization Fund, the Capital Stabilization Fund, and possibly other funds. Some, but not all, of these transfers may be made without town meeting action. Funds for the transfer to the Capital Stabilization Fund, as well as certain other purposes, have become available because the new growth in the tax levy is expected to come in at about $6,000,000 whereas the estimate for the budget was $2,750,000. Some of the amount of new growth in excess of the budget estimate falls under the new policy for setting aside revenue increases from commercial properties that are approved via a PSDUP or that are in the Hartwell Avenue/Bedford zone, and will make up at least part of the transfer into the Capital Stabilization Fund. The operating budget for the Lexington Public Schools for FY2022 included $500,000 that was appropriated out of the Special Education Stabilization Fund. That $500,000 was not spent and