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APPROPRIATION COQM'vIITTEE
February 3, 1964 Convened:7:30 P.M.
Adjourned 11 :00 P.M.
Donald Noyes, Chairman
Logan Clarke, Jr. Robert Kingston
John Bevan Frank Parrish
Ralph Fifield Oscar R. Carlson
Zichard Battin
The chairman announced the following schedule of meetings:
February 9 ( sunday) - Special meeting to block in numbers
on Article 4.
February 10 (Monday) - The Warrant officially closes. It
is intended to Firm up all capital
articles.
February 15 (Saturday)-Final blocking of figures and bal-
ancing report.
February 24 ( Monday)- Legal meeting with Selectmen (as
Prescribed by By Laws) . Invitation
will be extended by letter for
meeting in Town Accountants office.
The chairman presented an up-to-date view of Article 4 together
with an estimate of the amount to be raised in the tax levy. The tax rate
for 1964 was estimated to $39. 10. With comparable assumptions the rate
for 1965 was estimated to be $41.50. Despite varying opinions regarding
structuring of the tax rate, the chairman' s guidelines were accepted.
At approximately 9:40 P.M. the c1'airman and two members of ithe
Capital expenditures Committee arrived requesting certain backgrourd
_Information r elative to Article 4. The balance of the meeting was uevoted to
a discussion of the general philosophy of financing capital expenditures and
stabilizing the tax rate.
0. R. Carlson
for Secretary