April 5 - Town of Falmouth

we’re going to do to the exclusion of other items.”
Tinkham Reporting
(508) 759-9162
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107
But I think that what my key point is, and this is the hard part
of the puzzle, is we need to have an open and frank discussion about what
our service levels are, first and foremost. What we prioritize for these
service levels. Where we view ourselves, and then and only then can we
begin to go through all of the options for new revenues that are available to
support those services levels that we decide that we’d like to see.
Mr. Netto.
THE MODERATOR: Okay, ready to do the line items? Yes,
MR. NETTO: Joe Netto, Precinct 9. Question, Mr.
Moderator, for the Chairman of the Finance Committee, Mr. Anderson.
Before we start discussion of the line items of the budget, we have had,
you know, numerous presentations by the Town Manager and earlier one
by you, but I see here again on, well, whatever page it is, I can’t see, I
don’t have the glasses on, we have no money in – no money being applied
to the Stabilization Fund. So, as Town Meeting Members, before we start
the discussion of spending $107 million, could you please tell us what we
have in our bank account, our rainy day fund? Which, to sum up, I think
would be Certified Free Cash, and the total in the Stabilization Fund, in
case of emergency.
CHAIRMAN ANDERSON: In the Stabilization Fund, we have
a little over $900,000. The amount of Free Cash that we are starting