April 5 - Town of Falmouth

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debt service, amortizing our debt, more than – is greater than the reduction in the other departments. So, all of the increase that she referred to, more than the equivalent increase, is coming from an increase in the debt. The Town departments have cut in the other sections of the budget. Tinkham Reporting (508) 759-9162 1- 124 THE MODERATOR: You also need to look at the Short Term Excluded Debt and see that there was a debt transfer from short term to long term. down. Chairman. MR. JOHNSON: But if you look at the total, Sir, I think it’s still THE MODERATOR: There’s a substantial transfer there. Mr. CHAIRMAN ANDERSON: That particular line item, Unexcluded Debt, means that it is outside of Proposition 2 ½, so all of that – excuse me, Excluded Debt. All of the Excluded Debt is outside Prop 2 ½; those particular items must go on the ballot and they are approved by the voters so that there is a directly offsetting revenue source for those above and beyond the property taxes. Mr. Wilber. THE MODERATOR: Okay, further discussion on the budget? MR. WILBER: A further comments made on the Long Term Excluded Debt. There are different elements to this Long Term Excluded Debt and they have different time lines in terms of principal payments and
interest payments. It would be I think very informative to me and informative to other people in the Town Meeting to see what those individual items are and what the time lines are on them. When are we going to pay them off? When are they going to drop out of the budget? Right now they are a huge factor. It’s the huge factor in the budget, as has been pointed out, but I would like to see some of these individual outside 2 ½ Props that we’ve bonded or whatever, what are they? What’s their time line? When did they come in? When are going to go out? Thank you. Tinkham Reporting (508) 759-9162 1- 125 That seems to me like long-term fiscal planning at its best. MR. WHRITENOUR: I would just like to point out – THE MODERATOR: Mr. Whritenour. MR. WHRITENOUR: And you know what? I just think that’s a really great question and I wanted to make sure that everyone knew that that information is posted on our website under the Town Manager’s section and it is a very, very important part of our long-term financial planning and it has every project listed by the years and when it’s paid off and when it’s coming and going. THE MODERATOR: We do have a copy up here, too, at the Finance Committee, if you’d like to take a peek with it. But it is online now, so that’s good to know as well, that we can see that. Okay. Any further discussion on the budget?
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Vol. One 165 pages COMMONWEALTH OF
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26 Petition MGL Ch. 64G Room Occupa
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Tashiro; in the second division wil
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[Applause.] [Applause.] THE MODERAT
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Tinkham Reporting (508) 759-9162 [A
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At this time, we’ll begin with a
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Article 16, to appropriate $1,925,0
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Article 11 is a hold. 12. Article 1
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[Applause.] Tinkham Reporting (508)
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holding this many meetings. They’
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project. The contractor is on sched
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order and will be installed also in
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MR. JOHNSON: That area includes the
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THE MODERATOR: Okay, any further qu
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through our financial predicament.
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strongly advises that the first app
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leaders make decisions that are rig
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THE MODERATOR: Well, the recommenda
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Next slide, please. This slide also
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But hopefully you’ll get an idea
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As a consequence, this amendment ne
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argument list, and the reason it’
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and accessory uses. This no longer
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I’m not opposed to protecting peo
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have been conscientious are already
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Why do you think we’re here? Why
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in this town. We are perhaps going
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to talk over me when I’m renderin
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have every right to override that o
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There are 230 folks that are going
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there, accessible, find-able? To al
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value areas. In fact, Jeff Whitney,
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[Laughter.] cottages that go with m
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Aye. Tinkham Reporting (508) 759-91
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use. The property across the street
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clinic, business offices and profes
Page 73 and 74: proposition for the 151 corridor is
Page 75 and 76: MS. MOYNIHAN: Correct. THE MODERATO
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Page 81 and 82: able to hire somebody to assist the
Page 83 and 84: [Whereupon, a recess was taken.] [P
Page 85 and 86: y line item. It won’t be a blanke
Page 87 and 88: ecession is literally changing the
Page 89 and 90: we saw for the previous year. That
Page 91 and 92: services and expenses. We saw $2.1
Page 93 and 94: structural deficit issues that we f
Page 95 and 96: We have a set of detailed recommend
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Page 105 and 106: Tinkham Reporting (508) 759-9162 1-
Page 107 and 108: we’re going to do to the exclusio
Page 109 and 110: question on 46, Special Counsel. Th
Page 111 and 112: ox and we keep putting, under the l
Page 115 and 116: do we have any of these programs, h
Page 117 and 118: ecause the HMO program contains a g
Page 121 and 122: Quinn Bill. THE MODERATOR: That’s
Page 123: number 318, Fiscal Year ‘10, 80,0
Page 127 and 128: BARNSTABLE, SS C E R T I F I C A T
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April 5 - Town of Falmouth

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