Wednesday, December 13, 2023

 December meeting for Advisory Committee cancelled due to lack of quorum?

Town Administrator can predict how much town will take in from new growth, but is unable to predict ho much will be transferred from Town's enterprise funds to cover costs on insurance and retirement and is also unable to predict how much money will be received from state aid. With 6 years of financial data, the administrator should be able to pencil in some good estimates. I mean where did the figures for future new growth and vehicle ese tax come from??
Financial data shows the enterprise funds have not transferred over less than 1.5 million dollars each of the last 6 years. Total state aid has not been less than 1.6 million for each of the last 6 years.