Develop model for a 5 year sustainable budget. The model budget should include strategies for cost reductions, recommendations for the use of new growth revenue, plans to fully fund the capital plan, and recommendations for the use of one-time revenues
AREAS OF FOCUS
Analyze past 5 year budget cycles
Project revenue and expenses for next 5 years, with supportable assumptions
Identify policy discussions which must occur (ie. funding of Enterprise Water/Sewer, Ambulance Revolver, Capital Funding, and areas for potential regional services.
6 Member Board – Representatives from BOS, Finance Committee, Capital Committee, School Committee, and one (1) Citizen at Large
Ex-Officio Members – Town Administrator, Supt. of Schools, School Business Manager, Town Finance Director
Argall, Brett FinCom Rep.
Cortese, David Chair – Citizen at Large
Guzinski, Michael Town Administrator – Ex-Officio
Holmes, Pamela FinCom Rep.
Hughes, Michael BOS Rep.
Keegan, Cortney School Business & Operations Mgr – Ex-Officio
Lovett, Jeanne Finance Director – Ex-Officio
Satori, James Citizen at Large
Yvon, Norm School Superintendent – Ex-Officio
Zetlan, Sherry School Committee Rep.
Presentation video at the Middle School Auditorium, September 29, 2015.
Presentation video during the Strategic Budget Committee, September 15, 2015.
- Five Year Financial Forecast Presentation
- Strategic Budget Committee Recommendations – 10/15/15