HomeMy WebLinkAbout1997-09-03-AC-MIN.pdf APPROPRIATION COMMITTEE MEETING
WEDNESDAY, SEPTEMBER 3, 1997
BOARD OF SELECTMEN MEETING ROOM, 7:30 PM
Present: P Lapointe, I Mroczkowski, S Coit, P Hamburger, R Borghesani, A Levine, J
Ryan
Absent: R Pawliczek, R Colwell
* MOTION: Approve minutes of July and August
* P Lapointe discussed meeting of August 28th. Concerns of AC the process must move
forward was relayed. There is a need to see debt service in the context with other
costs.
• Discussion of projections to be made re: wages,benefits and expenses
• Discussion of Capital Budget: tax levy supported, tax exempt, the authorized&
unissued debt, projected debt
• What will future capital costs be upon completion of the proposed school project.
• A Levine discussed the downloading of information from the DOE re: the SBAB
program
• Joint meeting with the CEC
• General discussion on how do we move the project forward
• The numbers are not all that important. It is however important to take advantage of
any state assistance available. To spend $ 35 million with no reimbursement doesn't
seem to make good financial sense,
• Possible options are go forward, wait a few years, and scrap the project.
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