05/03/2010 Annual Town Meeting - Laserfiche WebLink

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I Housing. Further, the enabling legislation creating this program established a local Community Preservation Committee(CPC)to administer and oversee the program, and to review and recommend to the Board of Selectmen and to the voters those projects which qualify for funding under the stated criteria. As required by the legislation,Mashpee's participation in the CPA program was approved and adopted by " the town's voters at the October, 2004 Town Meeting and at the General Election held in November 2004. The creation of the Community Preservation Committee was approved by the voters at the May ,kEi �c 2005 Town Meeting. Selectman Wayne Taylor serves as the chair of the committee. The raising of CPA funding through the property assessment surcharge began on July 1, 2005. ARTICLE 6: Authorize Use,of Community Preservation Act Funds-Habitat for Humanity.of Cape w ^ Cod Housing 1 I 1 li al 'J.l G� I Submitted by: Community Preservation Act Committee. ' The Community Preservation Act Committee seeks approval to assist Habitat for Humanity of Cape Cod in the development of three affordable homes to be constructed on lands donated by the Town of Mashpee. Grants totaling$75,000 ($25,000 per home) are requested to help defray a portion of the cost to construct these homes. Funding will come from previously raised and budgeted Affordable Housing i Reserve Account of the Community Preservation Act. ' Approval of Article 6 will neither have an impact on the FY 11 budget, nor will it affect the final, 2010 municipal tax rate. THE FINANCE COMMITTEE RECOMMENDS TOWN MEETING APPROVAL OF ARTICLE 6.Vote: 5-0. �! I ANNUAL TOWN MEETING ARTICLES I The second portion of the meeting is called the ANNUAL TOWN MEETING and addresses town a business during the upcoming Fiscal Year(2011),which will begin on July 1,2010 and end on June 30, I #' 2011. , As of the writing of this report,there are 21 articles to be considered, the must important of which, of course, is Article 2—the FY 11 Municipal Budget,along with related Articles 3 and 4,which request + + voter approval for the Capital Improvement Budget, and the annual appropriation for the Cape Cod Regional Technical High School,respectively. ARTICLE 1.2009 Annual Report of the Town of Mashpee a '1 Submitted by: Board of Selectmen I Massachusetts law requires each town publish a comprehensive Annual Report for its residents,property owners and interested individuals. Article 1 requests acceptance of Mashpee's 2009 Annual Report. P THE FINANCE COMMITTEE RECOMMENDS TOWN MEETING APPROVAL OF THE TOWN OF MASHPEE 2009 ANNUAL REPORT.Vote: 5-0. ARTICLE 2.Fiscal Year 2011 Municipal Budget I r' I Submitted by: Board of Selectmen and the Office of the Town Manager. Following is the Finance Committee's analysis of the FY2011 municipal budget appropriations. Following that is the committee's calculation of the projected tax rate based on the budget presented, and estimates of non-property tax revenues and the growth of total assessments in the town. II ; 7 I F