02/23/1999 SELECT BOARD Minutes - Laserfiche WebLink

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Board of Selectmen Minutes February 23, 1999 Present: Selectman Marsters, Selectman Taylor, Selectman Caffyn, Selectman Leveille Town Administrator Robert Whritenour Absent: Selectman Frye Meeting Called to Order by Chairman Marsters at 6:18 p.m. Town Hall, Conference Room#1_ FY 2000 BUDGET WORKSHOP SESSION: The Board of Selectmen held a joint meeting with the Finance Committee for the purpose of reviewing the FY 2000 budget. Diane Rommelmeyer, the Town Accountant was in attendance. Mr. Whritenour presented a memo to the Selectmen dated February 17, 1999 relative to his budget recommendations for fiscal year 2000. In addition,the analysis of available revenues was reviewed. The fiscal year 2000 budget is marked by a major shift away from long- term debt exclusions, which have decreased by $1,073,388, and into education, which has requested an additional $2,488,892. This is the forth year in which the driving force behind the budget has been the dramatic growth in the request received from the School Department. This year,with the stabilization fund depleted,the School Department has requested a budget of$14,088,892. Additionally,the Town is faced this year with growing overhead costs associated with contracted salary increases, health insurance, solid waste disposal and county retirement. It was noted that all Town Departments have attempted to level fund their budgets in previous years in an effort to devote maximum revenues to education. Another year of level funding Town Departments will have a negative effect on Town services. Based on the new costs, and the need for additional educational funding, Mr. Whritenour recommended the Selectmen consider a Town-wide Proposition 2 112 override of$1,000,000 to fund the FY 2000 budget.