Friday, April 14, 2023

 Templeton May 2023 town meeting.

article 4 - sewer department fy2023 budget supplement.
Sewer commissioners ask town meeting to vote to move $40,000.00 from retained earnings (enterprise fund "free cash") to increase or add to the current fiscal year budget.
If you have town sewer, you should be asking why this is needed. If you do not have town sewer, you should ask why this is needed, as this is a department of the Town. This is another example of operating on one time money, which the MA department of revenue has told the town they should not be doing.

2 comments:

  1. Article 4..........

    I do not have Sewer.
    Again, as Jeff points out, this is bad practice. This is exactly like the Town using Free Cash to pay for ongoing expenses.
    I disagree in principle to using "retained earnings" to subsidize ongoing expenses as it just digs a bigger hole to fill next year.

    I will vote NO

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  2. Faith C8:43 AM

    So I also dont have sewer so if this is coming out of regular taxes cause thats what pays for the budget. How is that beneficial to the people who dont have access to sewer.

    ReplyDelete