03/11/2019 BOARD OF SELECTMEN Agenda Packet

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D-RA 1' h'-2 MAY 2019 SI)EC'I I- & ANNU'Ar, TOWN Mfr'FING WAR.RANI Pai. e " Article 14 To see if the Town will vote to authorize the total expenditures for the following revolving funds pursuant to G.L. Ch 44 Section 53E Mor the fiscal year beginning July 1, 2019 to be expended in accordance with the Bylaw establishing said revolving funds, heretofore approved, or take any other action relating thereto. FUND FY 2020 AUTHORIZATION RECREATION $580,000 LIBRARY $ 20,000 SENIOR CENTER $ 15,000 HISTORICAL COMMISSION $ 2,500 Submitted by the Finance Director Explanation: This article establishes the FY 2020 expenditure limits for departmental revolving funds. The Board of Selectmen recommends approval of Article 14 by a vote of 4-0 The Finance Committee recommends approval of Article 14 by a vote of Article 15 To see if the Town will vote to appropriate $498,098 to establish a budget for the PEG Access and Cable Related fund for fiscal year 2020, with said appropriation to be funded through the current balance of the fund, or take any other action relating thereto. Submitted by the Finance Director Explanation: The Department of Revenue now requires the Town to vote a yearly budget based on estimated expenditures from the fund for the next fiscal year. The total budget voted may not exceed the current balance within the fund. The Board of Selectmen recommends approval of Article 15 by a vote of 4-0 The Finance Committee recommends approval of Article 15 by a vote of Article 16 To see if the Town will vote to accept the last paragraph of G.L. c.41, §111F to create a special fund to be known as the Injury Leave Indemnity Fund, to be expended by the Board of Selectmen without further appropriation for payment of injury leave compensation or medical bills incurred under G.L. c.41, §§111F or 100,to which appropriations may be made, and amounts received from insurance proceeds or restitution for injuries to firefighters or police officers shall be credited, provided further that said board may, if the amounts therein are not immediately necessary or required in the foreseeable future, release specific amounts to the General Fund, or take any other action relative thereto. Submitted by the Finance Director Explanation: This article creates a fund for unanticipated medical costs associated with the police and fire departments that the Town would be liable for. The Board of Selectmen recommends approval of Article 16 by a vote of 4-0 The Finance Committee recommends approval of Article 16 by a vote of