2019-04-25 Annual Town Meeting Minutes

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ANNUAL TOWN MEETING Reading Memorial High School Performing Arts Center April 25, 2019 The meeting was called to order by the Moderator, Alan E. Foulds, at 7:33 PM, there being a quorum present. The Pledge of Allegiance to the Flag was said by all. ARTICLE 20: Motion made by the Finance Committee that the Town vote to appropriate the sum of: $117,031,807 for the operation of the Town and its Government for Fiscal Year 2020, beginning July 1, 2019, with the amount appropriated to be raised as set forth below. Move that the Town approve the proposed FY 2020 Budget as presented for Line Item B99 (Benefits): $18,139,050, with the amount appropriated to be provided as follows: Line B99 - $1,000,000 from Free Cash; $ 375,000 from Overlay and the balance from property taxes, State aid and non -property tax local receipts Move that the Town approve the proposed FY 2020 Budget as presented for Line Item C99 (Capital): $2,599,500, with the amount appropriated to be provided as follows: Line C99 - from property taxes, State aid and non -property tax local receipts. Move that the Town approve the proposed FY 2020 Budget as presented for Line Item D99 (Debt): $5,248,414, with the amount appropriated to be provided as follows: Line D99 - from property taxes, State aid and non -property tax local receipts There was some discussion for Line Item D99 Note: Philip Pacino, Precinct 5 noted that he was abstaining from D99 as he owns Town Bonds Move that the Town approve the proposed FY 2020 Budget as presented for Line Item E99 (Vocational Education): $452,400, with the amount appropriated to be provided as follows: Line E99 - from property taxes, State aid and non -property tax local receipts Move that the Town approve the proposed FY 2020 Budget as presented for Line Item F99 (Finance Committee Reserve Fund): $200,000, with the amount appropriated to be provided as follows: Line F99 - from property taxes, State aid and non -property tax local receipts There was some discussion for Line Item F99 Move that the Town approve the proposed FY 2020 Budget as presented for Line Item G91 (Administration Services Wages): $1,472,300 and Line Item G92 (Administration Services Expenses): $1,512,700, with the amount appropriated to be provided as follows: Lines G91 and G92 - from property taxes, State aid and non -property tax local receipts There was some discussion for Line Items G91 and G92