Selectmen Set Budget Guidelines for FY2012
The Board of Selectmen, in consultation with Town Manager Norman Khumalo, agreed on budget guidelines for FY2012 after a lengthy discussion at their November 9th meeting. The message for FY2012 is clear; 1) level funded operational expenses at FY2011 dollars, 2) additional increases in fixed costs to be funded through the tax levy subject to the maximum levy not to exceed Prop 2.5 plus the excess levy capacity of approximately $900,000 over a two year period.