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2019-01-30-AC-min
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2019-01-30-AC-min
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2019
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Minutes - AC - Appropriation Committee
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01/30/2019 AC Minutes <br /> DRAFT Minutes <br /> Town of Lexington Appropriation Committee (AC) <br /> January 30, 2019 <br /> Place and Time: Parker Room, Town Office Building, 7:30 p.m. <br /> Members Present: Glenn Parker, Chair; Sanjay Padaki, Vice-Chair; Alan Levine, Secretary; <br /> John Bartenstein; Eric Michelson; Richard Neumeier; Nick Nichols; Lily Manhua Yan; Carolyn <br /> Kosnoff, Assistant Town Manager, Finance (non-voting, ex officio) <br /> Member(s)Absent: Ellen Basch <br /> Other Attendees: None <br /> The meeting was called to order at 7:35 p.m. <br /> Announcements and Liaison Reports <br /> Based on comments at the January 28, 2019, meeting of the Board of Selectmen (BoS) and input <br /> from those present, the following topics were discussed: <br /> • Crematorium at Westview Cemetery: Mr. Padaki announced that the Ad hoc Crematory <br /> Committee would hold a public hearing on February 7 in order to gather public comments. <br /> • Assistant Town Manager report: Ms. Kosnoff reported that Town Manager Malloy gave a <br /> preliminary budget report to the BoS. The proposed budget would fund $68 million in <br /> capital programs, of which $27 million would be funded using within-levy debt, $25 million <br /> through exempt debt for the replacement of the Police Station, and the balance via the Water <br /> or Wastewater Enterprise Funds or CPA funds. Mr. Molloy would like to create a new long- <br /> term financial plan which would address policy issues such as use of personal property new <br /> growth and the use of the Capital Stabilization Fund. Ms. Kosnoff noted that the Town now <br /> uses a new tool for budget creation and tracking, WDesk. This tool is still being loaded with <br /> financial data. In addition, Mums, the Town's general ledger software, is being updated with <br /> a new chart of accounts. <br /> • Document-sharing portal: Mr. Parker announced that progress is being made on creating a <br /> document-sharing portal to allow Open Meeting Law-compliant distribution of documents <br /> among Committee members. He is confident that this tool will be ready in time for the <br /> creation of our report to the Annual Town Meeting. <br /> White Book Discussion <br /> A general discussion of the "White Book"preliminary budget document was conducted. Mr. Parker <br /> noted that a concerning trend was emerging in that while the tax levy was increasing 3.9%, and the <br /> general fund use was increasing 3.6%, the school budget was increasing 5.42%. <br /> Revenue- Mr. Padaki asked if projected revenue included money from the new"AirBnB" tax <br /> implemented by the state. It does not. <br /> Mr. Parker noted that a storm water enterprise fund has been proposed for future use as a way to <br /> collect fees and use the revenues to support storm water management. <br /> Ms. Kosnoff noted that the implementation of a proposal for tax relief, either by not taxing to the <br /> levy limit or by rolling back the capture of new growth of personal property, will constrain <br /> revenues. Additionally, Committee members noted that a change in the use of personal property <br /> 1 <br />
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