 |
WARANT COMMITTEE NOVEMBER 5, 2008
ELEVENTH MEETING
PRESENT: T Hurley, E Innes, J Powers, M Mitchell, R O’Brien, G Mandell, B Martin, O Sanchez,
E Kelly, S Keel
style="text-align:left;">The Committee discussed a plan to mitigate potential reductions in FY 09 local aid by the State. After considerable discussion it was decided to present a plan to the Board of Selectmen that would set aside an amount that was approximately equal to 2% of the FY 09 appropriations for the School Department, Police, Fire and DPW. The set aside amount would remain unexpended and available should the State reduce FY 09 local aid. The source of the amount of the set aside included $60,000 from the Reserve Fund, $485,500 from free cash, $50,000 from DPW budget, $56,300 from the Police budget, $40,000 from the Fire budget and $204,000 from the School budget. Secretary Innes volunteered to prepare an analysis of the plan for presentation. Chair Hurley is scheduled to present the plan to the Board of Selectmen at their
meeting on November 6, 2008.
;color:#000000;"> Balance: $ 579,913
|
