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October 16, 1962
The Appropriation Committee met Aionday evening, October 15, 1962 at 7 : 30
P. m. in the office of the Town Accountant.
Present : Logan Clarke Jr, Chairman
J. Harper Blaisdell , Vice Chairman Robert H. Kingston
fiaurice F. Shauchnessy Richard H. Rattin
C. Roland Christensen
Raymond L. White, Secretary
m J,irs. Bevan telephoned and stated that John got a telephone c- 11 and had
- to take a plane to New York this morning on company business.
i51.aisdell , Vice Chairman opened the meeting at 7 :30 P.M. as Mr.
Clarke could not be here at 7 : 30 P. ,"i. due to an engagement, but expected
▪ to be here around 8 : 15 P.
The Secretary asked if this Committee was to purchase new binders at a
cost of 1;1 .50 each for the 1963 budget sheets or see if members of this
Committee had previous binders that could be used. A general discussion
was had and decided to purchase new binders. A motion was made and
seconded to purchase new binders .
A letter from the Appropriation Committee Secretary requesting the
Committee to transfer the sum of ; 450.00 from the Reserve Fund to
Appropriation Committee expense account to take care of the additional
expense for printing and mailing the Appropriation :Bommittee report for
the year 1962. A motion was made and voted to approve the transfer of
„I1.50. 00 from the Reserve Fund to the Appropriation expense .-c-ount.
A letter from Raymond L. '::bite, Town accountant requesting the Apuro-
priation Cc .,iittee to transfer the sum of 90744- 84 from the Reserve
Fund to the Interest account to take care of additional interest charges
due to additional borrowing on account of the delay in receiving Real
Rstate tax revenue for the year 1962. A motion was made and voted to
approve the transfer of ..,9,744.84 from the Reserve Fund to the Interest
account, if the Board of Selectmen approves same. A letter of approval
from the Board of Selectmen has not been received as of this date, but
understand from the Executive Secretary that the Board of Selectmen did
approve the transfer.
A letter from Raymond L. White, Secretary of the Board of Retirement
requesting the Appropriation Committee to transfer the sum of , 235.0f
from the Reserve Fund to the Board of Retirement expenses. A motion
was made and voted to approve the transfer of _„ 285."0 From the Reserve
Fund to the Board of Retirement expenses.
A letter from the Board of Selectmen requesting the Appropriation
Committee to transfer the sum of .1; 2,009.00 from the Reserve Fund to
the Police Department - Personal Service account for two additional
Policet,.ome-i to be assigned to e ther end of Worthen Road from now
until the close of the School year in June 1963. Request denied be-
cause as the letter is worded we cannot comply with their request.
Letter from rioard of Selectmen requesting the Appropriation Committee
to transfer the sum of .;; 1 ,050. 00 from the Reserve Fund to Town Clerk
and Treasurer, Personal Services account. After further discussion
the request was denied pending further information.
The Chairman and three members of the Capital Expenditures Committee
entered our meeting at 8: 15 P. They requested this :fleeting. The
Chairman stated that to date only two budgets have been received.
Proposals on 1963 Capital r'xpenditures, this Committee will pass copy
of pro;uosals on to us as soon as they receive them. Also the Capital
Expenditures Committee would like to see the Warrant before they write
their report. Also all expense budgets should be available to them.
It was the opinion of both Committees that the Warrant should be
closed at least by January 15th, 1963. Also the assessed valuation
figure should be the same in both reports. Also we should be able to
have the exact valuation figure as of January 1 , 1963. John Blaisdell
stated that the Assessors now have cards with the necessary informa-
tion on real property.
The assessed valuation is ,;171 ,500,000. The policy of the Capital
Expenditures over the last several years is to anticipate the
expenditures each year . Capital expenditures to be about 1` or
;:10. 00 of the tax rate for capital expenditures.
Problem on High School addition, look at page 16 of the 1962 Annual
Report of the Capital rxpe-iditures Committee paragraph two "although
we have not received adequate information to make a recommendation
on this proposal , we are carrying it in this report at a budgeted
figure of ' 211_0,000 for the year 1963. " This is Emerson Road
estimated figure
Stabilization Fund 1963 160,000.
:400,000.
It is suggested that this .4_00,000. to be used as a down payment on
the High School addition.
Chairman Logan Clarke, Jr . entered this meeting at 8:35 P. _1.
In regards to the Stabilization Fund the State will match anything
the Town puts up.
The present Town Debt is no small problem. The Capital Expenditures
Committee wants the High School addition.
The personal service budget of the School Department goes up
approximately ll ,: a year.
Also the Capital Expenditures Committee states that the cost per
pupil has doubled in six years.
An item under discussion was how to handle the cost cf school con-
struction. Some members of both Committees favor the bonding of
High School Addition costs, others want to pay part in cash, ,400,000.
previously :aentioned and the remainder of costs bonded.
The meeting adjourned.
Respectfully submitted,
Raymond L. hite
Secretary
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