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HomeMy WebLinkAbout2025-03-04-AC-min 3/4/2025 AC Minutes 1 Minutes Town of Lexington Appropriation Committee (AC) March 4, 2025 Place and Time: Remote participation via a Zoom teleconferencing session that was open to the public; 7:30 p.m.–9:30 p.m. Members Present: Glenn Parker, Chair; Sanjay Padaki, Vice-Chair; Alan Levine, Secretary; Anil Ahuja; John Bartenstein; Eric Michelson; Vinita Verma; Lily Yan; Carolyn Kosnoff, Assistant Town Manager, Finance (non-voting, ex officio) Members Absent: Sean Osborne Other Attendees: Steve Bartha, Lexington Town Manager; Elaine Tung, Affordable Housing Trust; Mark Sandeen, Select Board At 7:34 p.m. Mr. Parker called the meeting to order and took attendance by roll call. All votes recorded below were conducted by roll call. Announcements and Liaison Reports Mr. Bartenstein reported that discussions on a compromise motion for Article 2 of the 2025-1 Spe- cial Town Meeting were ongoing, but no resolution has been reached yet. Ms. Kosnoff announced that the motions for most of the financial articles of the 2025 Annual Town Meeting have been posted to the Town website, with a few still under final review. Discussion of the Report to the 2025-1 Special Town Meeting The Committee agreed to wait until a follow-up meeting on March 10 to finalize and approve the report on Article 2. Mr. Bartha provided feedback on the report, cautioning against using estimates for potential housing unit development and school costs that could be perceived as unjustifiably high. He noted that he had discussed what may be reasonable assumptions with the consultant who has been tasked with preparing a report on impacts of MBTA housing development, and that he hoped to be able to share most of a first draft next week. Mr. Levine clarified the methodology behind the figures used in the report, and also stated that while 14,000 units is the EOHLC model capacity estimate, a more realistic figure for housing devel- opment is around 9,000 units. The Committee discussed the potential impacts of housing development on town infrastructure and finances. Mr. Michelson suggested clarifying the difference in scope between this Committee’s re- port and the study commissioned by the Town. Mr. Michelson commented that the Committee should consider making changes in the 5-year finan- cial projection due to the coming housing development. Discussion of Articles at the 2025 Annual Town Meeting Article 23 Dispose of 116 Vine Street The Committee reviewed an email from Carol Kowalski regarding the 116 Vine Street property. Ms. Tung provided insights from the Affordable Housing Trust’s (AHT) perspective, noting that the 3/4/2025 AC Minutes 2 Vine Street project likely will be too small to obtain financial assistance from tax credits or other types of subsidies, and therefore a developer would likely request a contribution from the Town to make the project financially viable. Funding such a contribution from the AHT would require ap- proval from its board. Article 4 Appropriate FY2026 Operating Budget Mr. Levine raised a concern about ongoing discrepancies between annual LPS operating budget projections for staffing and actual staffing in the associated fiscal years. While most of the school operating budget is a single line item in the budget, health benefits for LPS as well as other Town staff are carried under Shared Expenses. The budget for health benefits is not small, and it is based on the expected number of employees with health insurance. Additions of staff beyond projections increase insurance costs significantly, putting pressure on the operating budget. Consent Agenda There was a motion and second to recommend approval of the Consent Agenda. Committee ap- proval means that all members are in favor of all of the articles in that agenda and recommend that it be presented to Town Meeting in that form. The vote was 8-0. Future Meeting Schedule The next meeting will be on March 10, 2025, at 7:30 PM. Meetings will also be held on March 13, 17, and 19. Minutes of Prior Meetings No minutes were ready for review. Adjourn The meeting was adjourned at 9:05 p.m. Respectfully submitted, Glenn P. Parker Approved: March 24, 2025 Exhibits ● Agenda, posted by Mr. Parker