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<div><FONT FACE="Arial" SIZE=3> Below are the budget items with the biggest changes.</FONT></div>
<div><FONT FACE="Arial" SIZE=3> They give the most insight into the budget/tax situation.</FONT></div>
<div><FONT FACE="Arial" SIZE=3> </FONT></div>
<div><FONT FACE="Arial" SIZE=3> Finance Committee: Can we please take a look at these items in tonight's meeting?</FONT></div>
<div><FONT FACE="Arial" SIZE=3> </FONT></div>
<div><FONT FACE="Arial" SIZE=3> The proposed </FONT><b><FONT FACE="Arial" SIZE=3> Operating Budget</FONT></b><FONT FACE="Arial" SIZE=3> has an overall increase of $355,202 or 9.6%</FONT></div>
<div><FONT FACE="Arial" SIZE=3> </FONT></div>
<div><FONT FACE="Arial" SIZE=3> The big changes are</FONT></div>
<div><FONT FACE="Courier New" SIZE=3> </FONT></div>
<div><b><FONT FACE="Arial" SIZE=3> Police</FONT></b></div>
<div><FONT FACE="Courier New" SIZE=3> Officers' Salaries, increase $ 80,463 8%</FONT></div>
<div><FONT FACE="Courier New" SIZE=3> Police Employee Benefi increase $ 54,261 14%</FONT></div>
<div><FONT FACE="Courier New" SIZE=3> Dispatcher's Salaries increase $ 34,396 20%</FONT></div>
<div><FONT FACE="Courier New" SIZE=3> Police Communications increase $ 14,000 140%</FONT></div>
<div><FONT FACE="Arial" SIZE=3> Sub-Total $183,120</FONT></div>
<div><FONT FACE="Arial" SIZE=3> </FONT></div>
<div><b><FONT FACE="Arial" SIZE=3> Public Works</FONT></b></div>
<div><FONT FACE="Courier New" SIZE=3> Salaries. increase $ 71,547 15% </FONT></div>
<div><FONT FACE="Courier New" SIZE=3> Employee Benefits increase $ 29,725 20%</FONT></div>
<div><FONT FACE="Courier New" SIZE=3> Sub-Total $101,272</FONT></div>
<div><FONT FACE="Arial" SIZE=3> </FONT></div>
<div><b><FONT FACE="Arial" SIZE=3> General Gov</FONT></b></div>
<div><FONT FACE="Courier New" SIZE=3> Admin. Staff Salaries. increase $ 31,334 11% </FONT></div>
<div><FONT FACE="Courier New" SIZE=3> (as adj by Fin cmte increase $ 21,334 7% )</FONT></div>
<div><FONT FACE="Courier New" SIZE=3> Employee Benefits, increase $ 18,521 15%</FONT></div>
<div><FONT FACE="Courier New" SIZE=3> Office Clerks OOE, increase $ 10,700 71%</FONT></div>
<div><FONT FACE="Courier New" SIZE=3> Web site, increase $ 10,000 200%</FONT></div>
<div><FONT FACE="Courier New" SIZE=3> Mayor/council salaries increase $ 9,600 50%</FONT></div>
<div><FONT FACE="Courier New" SIZE=3> Sub-Total $70,155</FONT></div>
<div><FONT FACE="Arial" SIZE=3> </FONT></div>
<div><FONT FACE="Courier New" SIZE=3> The above increases total $354,547</FONT></div>
<div><FONT FACE="Arial" SIZE=3> </FONT></div>
<div><b><FONT FACE="Arial" SIZE=3> Declines in Revenue</FONT></b></div>
<div><FONT FACE="Courier New" SIZE=3> Tangible Property Tax decrease $-75,000 -21%</FONT></div>
<div><FONT FACE="Courier New" SIZE=3> Oper. Property Tax decrease $ -5,000 -4%</FONT></div>
<div><FONT FACE="Courier New" SIZE=3> Sub-Total $-80,000 in lost revenue.</FONT></div>
<div><FONT FACE="Courier New" SIZE=3> </FONT></div>
<div><FONT FACE="Arial" SIZE=3> The proposed </FONT><b><FONT FACE="Arial" SIZE=3> Capital Projects </FONT></b><FONT FACE="Arial" SIZE=3> proposal has an overall increase of $241,131 or 85%</FONT></div>
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<FONT FACE="Arial" SIZE=3> </FONT><div><FONT FACE="Arial" SIZE=3> The big changes are</FONT></div>
<div><FONT FACE="Arial" SIZE=3> </FONT></div>
<div><FONT FACE="Arial" SIZE=3> Item C. Town wide street, sidewalk (ADA), rate change: 3.49 to 6.2, amount increase: $133,920</FONT></div>
<div><FONT FACE="Arial" SIZE=3> Item D. Reduce Captial Debt on 5 new Police cruisers, rate change 1.23 to 1.8, $31,316</FONT></div>
<div><FONT FACE="Arial" SIZE=3> Item E. RP Municipal Center and Community Center Improvements. rate change 0.58 to 0.9, amount increase $16,879 (actually $41,094 as last years was not used)</FONT></div>
<div><FONT FACE="Arial" SIZE=3> New Item A. Reduce Capital Debt on Six new Police cruisers, rate change 1.6 cents, amount change: $65,988</FONT></div>
<div><FONT FACE="Arial" SIZE=3> </FONT></div>
<div><FONT FACE="Arial" SIZE=3> (The Capital projects have some line items that appear to be inconsistent - at least I do not understand the numbers) .</FONT></div>
<div><FONT FACE="Arial" SIZE=3> </FONT></div>
<div><FONT FACE="Arial" SIZE=3> -Rob Oppenheim</FONT></div>
<div><FONT FACE="Arial" SIZE=3> </FONT></div>
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