Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
Board of Assessors finalizes budget figures as members flag potential mil-rate impact
Summary
At its May 20 meeting the Board of Assessors reviewed final revenue and expenditure figures, noting decreases in the highway request due to carry forwards and transfers and discussing how reallocated items could affect the town's mil rate ahead of the June 21 Annual Town Meeting.
The Board of Assessors on May 20 completed a final review of the town's budget numbers and discussed potential effects on the mil rate ahead of the Annual Town Meeting.
Clerk reported revised revenue and expenditure figures, updates to projected raises, undesignated fund balances, carry forwards and proposed transfers. Board members noted a significant reduction in the highway department request and attributed that decrease primarily to use of carry forwards and transfers instead of new appropriations. "The clerk indicated she is prepared to answer questions related to the changes in fund allocation and budget structuring at the annual Town Meeting," the clerk said.
Members observed that some funding items appear in different areas of the warrant compared with previous years, which affects presentation of totals. The discussion focused on clarifying those reclassifications so voters at the Annual Town Meeting can understand changes from prior warrants.
No formal motions to alter the draft budget were made during the meeting; the clerk will finalize figures and present the warrant for Board review and signatures at the next meeting. The Board set procedural deadlines for the Annual Town Meeting: the warrant must be posted by June 14, 2025 and the town report available by June 18, 2025.
