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April 5 - Town of Falmouth

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strongly advises that the first appropriation <strong>of</strong> those funds be made to<br />

rebuild our reserves, that is the Stabilization Fund, rather than initiate new<br />

spending. We absolutely must restore our savings.<br />

By reestablishing this key financial pillar, we will contribute to<br />

the security <strong>of</strong> our bond rating and create a cushion to absorb future<br />

financial blows which undoubtedly and unexpectedly will arrive. With the<br />

recommendations in this warrant, we’ve started to take some positive<br />

steps that will get us back on solid financial footing. But beyond these<br />

short-term solutions, we must also consider decisions and actions which<br />

position us for afford-ability <strong>of</strong> <strong>Town</strong> and prosperity in the future.<br />

So what are some <strong>of</strong> the strategies for future fiscal stability?<br />

First, as consumers <strong>of</strong> municipal services, taxpayers in our town must<br />

weigh the question <strong>of</strong> whether we are burdening our <strong>Town</strong> government<br />

with requests for services that we’re financially unable to meet given our<br />

current level <strong>of</strong> taxation.<br />

Do we honestly know what services we really need? Or are<br />

there some services that a few <strong>of</strong> us simply want? How much are we<br />

willing to pay for them? And what <strong>of</strong> those who are less able to pay?<br />

Second, in conjunction with answering those questions, our<br />

taxpayers deserve to know what our services cost. This means looking<br />

deeper, beyond just the bottom-line budget in each <strong>of</strong> the departments.<br />

We need to look at the programs that are embedded and supported within<br />

Tinkham Reporting<br />

(508) 759-9162<br />

1-<br />

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