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Budget Note 9: Total Appropriations: ($947,872). <br /> The FY '09 operating budget of$46,781,144 which begins on July 1, 2008, is an increase of 2.1%. <br /> ,gp r <br /> RICom Comment Note F: <br /> The FY 109 budget of$46,781,144 is the amount the attendees at the Town Meeting will vote upon. It is , <br /> listed as Warrant Article#2 in the Town Meeting section of this booklet. Expenses for this budget are �. <br /> increasing by 2.1 % over last year. <br /> ;THE FINANCE COMMITTEE UNANIMOUSLY RECOMMENDS ADOPTION OF THIS BUDGET. <br /> `Budget Note 10: Budget Overlay: (- $50,000) <br /> While this line item is not voted upon, it is a component in determining the total operating budget for the year. <br /> This is basically a"reserve" fund for unpaid taxes or taxes that are returned to property owners as a result of tax " <br /> appeals. Mashpee's tax collection rate was an excellent 97.7 % in 2007. In 2006, the collection rate was 96.3%. <br /> Budget Note 11: Cape Cod Regional Technical School: (+ $51,665). <br /> This line will be voted upon separately as Article#4. <br /> i <br /> (k <br /> ;Budget Note 12: Capital Improvements: (- $595,139). <br /> This line will also be voted upon separately as Article#3. <br /> o tI <br /> Budget Note 13: Total Fiscal Year Appropriations: (+ $354,398). <br /> The total budget for Fiscal Year 2009 is $48,062,271 you will note that this amount appears in the table <br /> "`Calculation of Projected Property Tax Rate" as Line B. Total Budget Appropriations under the Heading: ± ; <br /> FY 2009. This total minus the total non-property tax revenues divided by the total property assessments equals the <br /> tax rate. _ <br /> ( it <br /> i <br /> S. <br />,CS 4 <br /> IeS <br /> 01 <br /> n <br /> ic. <br /> 15 <br />