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HomeMy WebLinkAbout2005-04-06-AC-min April 6, 2005 Minutes Town of Lexington Appropriation Committee April 6, 2005 Attendees: A. Levine (Chair), P. Hamburger, R. Pawliczek, D. Brown (Vice Chair), J. Bartenstein, E. Michelson, R. Cole, R. Eurich Material Distributed: #1. Agenda #2. AL’s draft Powerpoint presentation The meeting was called to order at 6:30 by Al Levine in the Reading Room, Cary PM Memorial Hall. 1. CEC position on cash capital: AL discussed his concerns with CEC’s limit on borrowing and with the 1% loss in cash capital. AL concerned that CEC isn’t advocating adequately for capital needs. PH put a more positive spin on it; CEC is trying to help the entire budget, but conceded that maybe they’ve gone too far in this direction. JB referred to his email: “cash” capital is about cash; if you keep borrowing, you mortgage against what can be spent in the future. DB reiterated her concern about the potential size of the Fiske overrun and the need to be prepared to marshal all resources to deal with this. 2. Article 31: Decided to caucus on this at T.M. 3. Article 32: a. DPW study: PH questioned if when $720K is spent, will we be ready to go ahead with the DPW debt exclusion. Committee agreed we need to caucus on this with CEC, and possibly BOS. b. Sidewalks: AL thinks we should think of this as two issues – maintenance of existing sidewalks and building of new sidewalks, with the latter funded by debt exclusions. PH agreed this is a good idea. AC not prepared, though, to change votes tonight on this article. The meeting moved to the Cary Hall auditorium at 7:15 pm for the 7:30 pm session of Town Meeting. Deborah Brown, Acting Secretary Approved June 8, 2005 Page 1 of 1