10/01/2001 Annual Town Meeting - Laserfiche WebLink

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Submitted by the Board of Selectmen with Explanation: This article provides funds from available revenues to provide taxpayers witn a property tax relief program. Recommendation: The Finance Committee recommends approval. Motion made by Kenneth Marsters. Motion: I move the Town vote to appropriate and transfer from Revenue Available for Appropriation $500,000 to offset the FY 2002 property tax rate. Motion passes unanimously at 7: p.m. Article 3 To see if the Town will vote to raise and appropriate $5,500 to the Accountant's Expense Account, or take any other action relating thereto. Submitted by the Town Accountant Explanation-, These funds are required for additional services provided to the Town for the audit of the Treasurer/Tax Collector's Office. Recommendation: The Finance Committee recommends approval. Motion made by Wayne Taylor, 0 Motion: I move the Town vote to appropriate and transfer from Revenue Available for Appropriation $5,500 to the Accountant's Expense Account. Motion passes unanimously at 7:39 p.m. Article 4 To see if the Town will vote to raise and appropriate or transfer from available funds $10,000 to an Accrued Benefits Account, or take any other action relating thereto. Submitted by the Finance Committee Explanation: Accrued benefits, such as contractual retirement benefits, are not normal operating expenses and are often not anticipated at the time of appropriation approval at the May Town Meeting. This account will provide for a separate accounting of such expenses, which are now provided by a variety of fund transfers or increased departmental appropriations at the October meeting. Recommendation: The Finance Committee recommends approval. Motion made by David Leveille.