1997-Annual Town Report - Laserfiche WebLink

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1 This is based on 114 credits at$10.00 per credit. $1,236,787, from Overlay surplus $500,000 and Recommendation: The Finance Committee recom- from Stabilization fund $596,350 a total of mends approval. $2,333,197. Motion to be made by Curtis Frye. Motion to amend passes 129 to 118 Amendment does not pass 131 for 119 against. Motion: I move the Town vote to appropriate and 2/3rds vote needed. transfer $1,140 from revenue available for appro- priation to the Treasurer Tax Collector Amendment recommended by Finance Committee Salary/Wage Account. to appropriate and transfer from revenue available Motion passes 7:56PM $1,083,197, from Overlay surplus $500,000, and G $500,000 from stabilization for a total of I" Article 8: To see if the Town will vote to raise and $2,083,197. appropriate or transfer from available funds the sum of I' Motion to amend passes 148 to 109. $129, 650 to be distributed as follows: $14,000 to the Medicare Account, $115,000 to the Medical Insurance Amendment passes 175-71 8:50PM Account and$650 to the Group Insurance Account, or Article 10: To see if the Town will vote to raise and take any other action relating thereto. appropriate or transfer a sum of money to the Submitted by the Treasurer/Tax Collector Stabilization Account or take any other action relating Explanation: This article is to fund increases to those thereto. accounts caused by an increase in personnel at the Submitted by the Board of Selectmen schools. Explanation: This article seeks to place a portion of Recommendation: The Finance Committee does not available unencumbered funds into the Town's recommend approval. Stabilization Fund for future use. Future use of Motion to be made by Peter Dinizio. Stabilization Funds require a 2/3 vote of Town Meeting. At the time of publication, figures were not Motion: I move the Town vote to indefinitely post- available for listing in the article. Based on estimates r pone Article 8 available it is anticipated that a minimum of$173,851 s Motion to indefinitely postpone passes 7:57PM will be used for this purpose. t Article 9: To see if the Town will vote to appropriate Recommendation: The Finance Committee recom- ,1 and transfer from available funds a sum of money to mends approval. offset the fiscal year 1998 tax levy, or take any other Motion to be made by Nancy Caffyn. action relating thereto. Motion: I move the Town vote to appropriate and Submitted by the Board of Selectmen transfer $273,900 from revenue available for Explanation: This article provides funds from avail- appropriation to the Stabilization Trust Account. d able revenues to meet the Town's budgetary obliga- Motion to amend to transfer$73,900 from revenue tions for the current fiscal year within the property tax available for appropriation to the Stabilization d limitations of proposition 2 1/2 and to provide taxpay- Trust Account. n ers with the second year of a three year property tax Motion to amend passes 8.52PM is relief program. At the time of publication, figures i2 were not available for listing in the article. Based on Motion passes unanimously 8:53PM 4. 12 estimates available it is anticipated that a minimum of $1,500,000 will be used for this purpose. Article Yl: To see if the Town will vote to raise and appropriate or transfer from available funds the sum of Recommendation: The Finance Committee recom $3,000 to the Herring Warden Expense Account or rd mends approval. take any other action relating thereto. of Motion to be made by Ken Marsters. Submitted by the Herring Warden al Motion: I move the Town vote to appropriate and Explanation: This article seeks funds for the recon- 19 transfer from revenue available for appropriation struction of the herring run ladder located at Santuit $833,197,from Overlay surplus $500,000 and from Pond or Stabilization fund $500,000,a total of$1,833,197 to Recommendation: The Finance Committee recom- offset the fiscal year 1998 tax levy. hemends approval. of Amendment recommended by Finance Committee nt. to appropriate and transfer from revenue available Motion to be made by George Costa. 89