HomeMy WebLinkAbout1967-08-14-AC-MIN.pdf 14
Meeting of the Appropriation Committee, August 14, 1967, 7:30 p.m.
Present: Frank Parrish, Chairman; M. Bretscher; J. Blaisdell; R. Gary;
G. Kolovson; R. Perry, Comptroller; L. Zehner; R. Souza
Analysis and Estimate of Revenues was prepared by Frank Parrish and
Dick Perry. Committee approved sending it to School Committee for
their information and use in preparing budgets.
Reserve Fund Requests
Veterans Affairs, Aid and Expenses, $6,000 requested. $250 left
in account and bills to date exceed that amount. Committee had been
polled by telephone and voted to transfer $6,000 from Reserve Fund.
Reasons for the additional amount given included:
Change in method of computing hospital bills, 80% of total is
now paid instead of former *2 20%,
Benefits were increased at mid—year,
More feterans were found to need aid.
Interest for tax anticipation notes is about $4,000 more than
anticipated (about 33.8 million borrowed so far). Voted to transfer itv,,�_
$4,000 from Reacrvo Fund. '"�
Street Construction. Bids were $18,650 higher than estimated.
Bids were $155,568, excluding engineering costs of 12%. Available
funds are $157,120. Al Grey stated that, because five separate
Articles were involved in the Street Construction bids, it would
not be possible to drop one street and use all the money for the
remainder. If a transfer was not made they would have to readvertise
now or wait until next Spring and readvertise. Readvertising now
would mean a long delay in construction of Philip ltd. (needed for
access to Bowman School) and Mass. Ave. The Committee discussed
the possibility of avoiding such a problem in the future by either
getting bids earlier or putting out the street contracts in two
lots. It is also possible to return to the previous practice of
voting a lump sum for streets and leaving to the discretion of the
Selectmen which streets will be included. Voted to transfer $18,650
from the Reserve Fund.
Letter to Don Legro on the question of whose figures are read to
Town Meeting, Selectmen's or Appropriation Committee's. Don Grant
wrote August 4; no answer has been received.
Assessors and Tax Rate
Valuation finally arrived at by Assessors was 191.1 Million,
a 6.8 million increase over the $184.3 million of 1966. Our estimate
was $190 million.
Assessors set Overlay at $172,000.
Motor Vehicle excise they est mated at $769,000
For other receipts, they used the actual recegupts of 1966.
Total receipts estimated by Assessors were $4 million. We estimated
33,950,000 at the June meeting.
Treasurer—Town Clerk The possibility of separating these two offices
will be taken up by the Board in September.
Respectfully submitted,
Ituth F. Souza, secretary