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HomeMy WebLinkAbout1964-02-03-AC-MIN.pdf e � 0 a 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