Information for Meeting of Select Board
Tuesday September 10, 2013 4:00 PM EDT

Chatham Board of Selectmen
September 10, 2013 	4:00 pm
Town Hall Annex Meeting Room
261 George Ryder Road


I. 	2nd Annual Budget Summit  - FY2015
A.	Overview of FY2014 – Set the stage for FY2015 Budget Decisions

B.	FY2015 Revenue Projections 
a.	Overview and Comparison to FY2014
b.	Presentation by Revenue Source 
c.	Policy Issues  - Opportunities for Revenue Generation

C.	Three-year Operating Budget Forecast Presentation  
a.	Assumptions
b.	Critical factors driving Town spending levels
i.	MRSD Projections and Assessments 
ii.	State/Federal mandates
iii.	Policy Issues
1.	Areas of Expense Reduction and/or Funding Priorities

D.	Debt Service Forecasts/Schedules - Including Water and Wastewater Projects

E.	FY2015 Capital Improvement Plan/Program
a.	Land Acquisition – Parking at Town Landings
b.	Funding – Tax Levy and/or Free Cash
c.	Use of Other Reserves – Stabilization Policy; Overlay Surplus

F.	FY2015 Budget Review Process/Directives/Calendar

G.	Other Issues/Items
a.	SRAC Position Paper
b.	Other Post-Employment Benefits (OPEB) – Retiree Health Insurance Obligations – New Actuarial Report /Funding Source
c.	S&P Bond Rating - What other AAA Towns are doing to maintain rating

II.	New Business
A.	10/7/13 Special Town Meeting Warrant Review/Closing of the Warrant
a.	Request BOS reconsideration of the location of the Skateboard Park (from the park at the VFW to Volunteer Park) and warrant article to repurpose the Article 27 (CPA) funds approved at the 2013 ATM (Sel. Summers)