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08/20/2020 AC Minutes Minutes Town of Lexington Appropriation Committee (AC) August 20, 2020 Place and Time: Remote Participation: in accordance with the Governor's March 12, 2020 Order Suspending Certain Provisions of the Open Meeting Law; communication took place via a Zoom teleconferencing session that was open to the public; 7:00 p.m. Members Present: Glenn Parker, Chair; Sanjay Padaki, Vice-Chair; Alan Levine, Secretary; John Bartenstein; Eric Michelson; Meg Muckenhoupt; Lily Manhua Yan; Carolyn Kosnoff, Assistant Town Manager, Finance (non-voting, ex officio) Member(s)Absent: None Other Attendees: Charles Lamb, Chair, Capital Expenditures Committee(CEC); David Kanter, Vice-Chair and Clerk, CEC; Frank Smith, CEC; Deepika Sawhney, School Committee Using the Remote Meeting Prologue as a guide, Mr. Parker confirmed attendance by roll call and reviewed the section entitled Introduction to Remote Meeting, noting that the meeting was being called to order at 7:17 p.m. on August 20, 2020 and that the meeting was being recorded to assist in the writing of minutes. He also reviewed the section entitled Meeting Protocol and noted that materials for the meeting were available on-line. Announcements and Liaison Reports Ms. Muckenhoupt reported that the Select Board (SB) had created an ad hoc Stone Building Feasibility/Reuse Committee. Mr. Parker reported that Ms. Yan had volunteered to be the AC liaison. There were no objections. Mr. Bartenstein reported that Dan Fenn, a longtime resident and civic leader in Lexington, had passed away. Mr. Michelson reported that two high school sophomores were working with the Lexington Economic Development Department, the Lexington Retailers' Association, and the Chamber of Commerce to encourage local shopping. The website ShopLexingtonFirst.com describes the Step Up for Lexington program. When shopping at local stores between now and mid-October, a card is stamped and after ten stamps, the shopper receives a gift. Mr. Parker noted that with Nick Nichols' departure from this Committee, a new liaison to the CEC was needed. He volunteered to assume this responsibility. Final FY2020 Budget and Possible Adjustments to the FY2021 Budget Ms. Kosnoff reported that, at its meeting this Monday, August 24, the Select Board (SB) would receive an official update on plans to rebalance the FY2021 budget and a presentation on preparations for the FY2022 budget. She then provided a review of the FY2020 and FY2021 budgets, as follows: FY2020: ended June 30th • The Town closed the year in a good financial position, with Free Cash likely to be, when certified, approximately $15 million deriving from: ➢ Approximately $1.5 million more in revenue than had been projected when the budget was prepared a year ago in spite of revenue losses, particularly in local receipts from the 1