A presentation by the Town Council's Finance Sub-committee and discussion on the following referendum question: "Do you want to cut the rate of the municipal excise tax by an average of 55% on motor vehicles less than six years old and exempt hybrid and other alternative-energy and highly fuel-efficient motor vehicles from sales tax and three years of excise tax?” (Motor Vehicle Local Excise Tax Amendment)

Item 3

Report from the Town Manager and Finance Director regarding projected fiscal challenges, both in the current and in future fiscal years.