| Agenda: | Chatham Board of Selectmen
September 11, 2012 4:00 pm
Town Hall Annex Meeting Room
261 George Ryder Road
I. Minutes
September 4, 2012
II. New Business
1. Request to Place Signs – Chatham Historical Society (Kealyn Garner)
III. Budget Summit II – Joint Meeting with Finance Committee and Members of MRSC
1. Budget Summit #1 Follow-up-
A. Follow-up to comments from Budget Summit #1
B. Financial Policies Review
C. SRAC Position Paper
2. FY2014 Revenue Projections -
A. Overview
B. Presentation by Revenue Source
i. Tax Revenue
ii. Local Receipts
iii. Other Available Funds
iv. State Aid
C. Policy Issues
v. Savings/Surplus - Regional School
vi. Local Options
a. Hotel/Motel
vii. Use of Reserves (Free Cash) to Fund FY2014 Capital
a. Certified $1.2m
3. Three-year Budget Forecast Presentation -
A. Assumptions
B. 2 years prior, current year, 3 years future
4. FY2014 Budget Process -
A. Calendar
5. Outcomes – how did we do?
A. Better understanding of the Town’s financial condition
B. Identify emerging problems before they reach serious proportions
C. Identify existing problems might not be aware of
D. Present a comprehensive picture of our strengths and weaknesses
E. Introduce long-range considerations into the annual budget process
6. Next Steps - |