CALL OF ANNUAL BUDGET MEETING
Notice is hereby given that the Annual Budget Meeting and a Special Town Meeting of
the electors and citizens qualified to vote in Town Meetings of the Town of Old
Saybrook will be held at the Old Saybrook High School Auditorium, 1111 Boston Post
Road, Old Saybrook, Connecticut, on Monday, May 5, 2014 at 7:00 p.m. for the
following purposes:
ITEM 1: To adopt the annual Budget for the Town of Old Saybrook for the fiscal
year July 1, 2014 through June 30, 2015 as recommended by the Board of
Finance in the amount of $ 42,425,941 and to make appropriations for the
schools, highways, bridges, sidewalks, library, cemeteries, fire protection,
police department and all other necessary objects and purposes:
General Government: $ 18,215,880
Board of Education: $ 24,210,061
Pursuant to the provisions of Chapter 8, Section 4 of the Charter of the
Town of Old Saybrook, and Section 7-7 of the General Statutes of
Connecticut, as amended, to adjourn said Annual Budget Meeting at its
conclusion and to submit the question of the adoption of said budget to
vote, upon the voting machines of the Town of Old Saybrook, on Tuesday,
May 13, 2014, between the hours of 12:00 noon and 8:00 p.m. Said
referendum shall take place at the Old Saybrook Senior High School
Gymnasium, 1111 Boston Post Road, Old Saybrook, Connecticut.
The adoption of said budget, as recommended by the Board of Finance
shall be placed on the voting machines of the Town of Old Saybrook in
two parts, the first part being for the budget of the General government,
including the Bonded Indebtedness, in the amount of $18,215,880.00, and
the second part being for the budget of the Board of Education in the
amount of $ 24,210,061.00. Said questions will be placed on the voting
machines under the following heading:
Question #1. SHALL THE TOWN ADOPT THE GENERAL
GOVERNMENT PART OF THE ANNUAL BUDGET OF THE TOWN OF
OLD SAYBROOK IN THE AMOUNT OF $18,215,880.00 AS
RECOMMENDED BY THE BOARD OF FINANCE IN ACCORDANCE
WITH ITEM #1 OF THE CALL OF THE ANNUAL BUDGET MEETING OF
MAY 5, 2014?
YES
NO
Question #2. SHALL THE TOWN ADOPT THE BOARD OF EDUCATION
PART OF THE ANNUAL BUDGET OF THE TOWN OF OLD SAYBROOK
IN THE AMOUNT OF $ 24,210,061.00 AS RECOMMENDED BY THE
BOARD OF FINANCE IN ACCORDANCE WITH ITEM #1 OF THE CALL
OF THE ANNUAL TOWN BUDGET MEETING OF MAY 5, 2014?
YES
NO
ITEM #2. To adopt the following resolution: In accordance with the provisions of
Section 12-142 of the General Statutes of Connecticut, as amended, that
the property taxes assessed and levied by the Town of Old Saybrook on
the Grand List of October 1, 2013 be paid in two semi-annual installments,
the first being due and payable on July 1, 2014 and the second to be due
and payable on January 1, 2015, with the exception of real property and
personal property tax bills under $100.00, payable in one payment on July
1, 2014; motor vehicle taxes due and payable in one installment on July 1,
2014; and Supplemental Motor Vehicle tax bills due and payable in one
installment on January 1, 2015.
ITEM #3. To authorize and empower the Board of Selectmen to borrow such sums
of money from the Town of Old Saybrook fund balances and/or from other
sources as the Board may deem necessary, in anticipation of tax
revenues, to pay the appropriations of the budget for the fiscal year July 1,
2014 to June 30, 2015.
ITEM #4. As allowed under the provisions of Section 12-129n of the General
Statutes of Connecticut, to act upon the recommendation of the Board of
Finance to provide tax relief to certain homeowners of the Town of Old
Saybrook aged 65 or over, or permanently and totally disabled, under the
following conditions:
a) That the homeowner meet the requirements for age and/or disability
under the specific provisions of Section (1) and (2) of Section 12-129n (a)
of the General Statutes of Connecticut.
b) That the homeowner be a taxpayer of the Town of Old Saybrook for a
period of one year next immediately preceding their receipt of tax benefits
under this program.
c) That the homeowner meet the income requirements for eligibility for tax
relief under the provisions of Section 12-129b of the General Statutes of Connecticut.
d) That the total amount of relief allowed to taxpayers under this program
for the Town of Old Saybrook fiscal year beginning July 1, 2014 shall not exceed
the sum of $75,000.00.
e) The relief provided under this program to a qualified taxpayer shall not
exceed an amount which, when added to relief for such taxpayers, is eligible under
the provisions of Section 12-129b to Section 12-129d, inclusive, or Section 12-170aa
of the Connecticut General Statutes, which in the aggregate, exceed 75% of the
property tax for which such taxpayers would be liable but for the benefits
hereunder and under said above-referred to sections.
f) That if deemed necessary by the Old Saybrook Tax Assessor and Tax
Collector, by reason of time constraints, the property tax relief program for
the tax year beginning July 1, 2014 may be implemented by Certificates of
Correction (for the full amount of the relief) issued with respect to the
installment of taxes due and payable January 1, 2015.
Signed by: Carl P. Fortuna, Jr., First Selectman
Scott Giegerich, Selectman
Stephen Gernhardt, Selectman
Dated at Old Saybrook, Connecticut, this 17th day of April, 2014.
ATTEST: Sarah V. Becker, Town Clerk
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