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HomeMy WebLinkAbout2012-04-11-AC-min-summit7 April 11, 2012 Minutes Town of Lexington Appropriation Committee April 11, 2012 Place and time Selectmen Meeting Room, 6 00 PM Members present Glenn Parker(Chair), John Bartenstein (Vice Chair and Secretary), Robert Cohen, Mollie Garberg, Alan Levine, Eric Michelson, Dick Neumeier, Joe Pato, Jomna Schonfeld, Rob Addelson (ex officio, non-voting) The Committee joined the Board of Selectmen, the School Committee, and the Capital Expenditures Committee for the seventh Budget Collaboration-Financial Summit for FY 2013 (Summit 7) The agenda item was Options for Funding Budget Priorities Please see the minutes of the Board of Selectmen, which are published on the Town web site at http //lexintonma Dov/selectmen cfm and which are also available in the Town Clerk's office, for details The meeting was adjourned at approximately 7 20 PM, following which the Appropriation Committee remained in session and relocated to Cary Memorial Hall for the continuation of the Annual Town Meeting A list of documents and other exhibits used at the meeting is attached Respectfully submitted, John Bartenstein Approved October 18, 2011 - 1 - April 11, 2012 Exhibits Town of Lexington Appropriation Committee Meeting Budget Collaboration—Financial Summit 6 April 2, 2012 1 Agenda posted by Board of Selectmen of Budget Collaboration-Summit Meeting 7 2 Memo from Carl F Valente and Rob Addelson to Budget Summit Participants, dated April 10, 2012, "Option 2 for Use of Health Insurance Savings," with the following attached spreadsheets a "Estimated Five-Year Health Insurance Savings for Transition to GIC" b "Version 2 Funding Budget Priorities" c "Option for $3,200,000 in Tax Relief for Excluded Debt Service - 2 -