Thursday, October 16, 2014

Status Quo Budget

Four Boards:  Finance, Schools, Select Board and Library

When all was said and done, after a one hour rich-in-graphs presentation by Finance Director Sandy Pooler at tonight's Four Boards Meeting, the best guess for overall revenue increases next Fiscal Year  (FY16) is a comfortable 2.5%, or what Select Board Chair Aaron Hayden described as a "status quo budget."
 Current Fiscal Year Schools account for 52% of all spending

But with no increase in police or fire personnel, not an overly safe one.

Reserves of $9,152,345 this Fiscal Year best in ten years

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