Laserfiche WebLink
1 <br /> Board ofSelectmen <br /> Minutes <br /> January 27, 2003 <br /> NEW 1JSINSS; <br /> B►ud et Discussion: <br /> Motion made by Selectman Marsters to place the above topic on the <br /> Selectmen's agenda. <br /> Motions seconded by Selectman Cahalane. <br /> VO Unanimous.ns. -o. <br /> The Town Administrator presented an analysis of available revenues for <br /> fiscal year 2004. The revenue analysis is based upon a 10%reduction in <br /> state aid and the Selectmen's recommendation to reduce town government <br /> expenses that are non-payroll related by 10%. A 2.5% increase in the <br /> school department over last years' $16,400,000 budget is recommended. <br /> In F o4!, the projected shortfall i $985,234. <br /> Members of the School Department are scheduled to discuss the <br /> referenced budget recommendation with the Town Adnn"nistrator, <br /> Selectmen representative Ken i larsters and a member of the Finance <br /> Committee on Friday, January 31, 2003, The Selectmen have also agreed <br /> to schedule a joint meeting with the Finance Committee next Monday to <br /> continue budget deliberations. <br /> Adjournment: <br /> Motion made-by Selectman Green to adjourn at 7:18 p.m. The Board <br /> will enter into Executive Session at this time for the purpose o <br /> discussing collective bargaining and pending litigation. The Beard <br /> will not reconvene in open Session. <br /> Motion seconded by Selectman Cahalane. <br /> VOTE: Unanimous. -o. <br /> Roll Call Vote: Wayne,yes David, absent <br /> Ken, yes Chuck,yes <br /> John, yes opposed, none <br /> Respectfully submitted, <br /> Kathleen A Soares <br /> Secretary to the Board of Selectmen <br />