Board of Finance sends $125M budget to RTM for approval
The Board of Finance approved the $125 million 2013-14 budget and set the mill rate at 13.17 mills at the Tuesday, April 9, meeting.
The $125,691,553 represents a 3.68 percent increase over last year's 2012-13 budget.
"I wish we could have done better than this," said Board of Finance Chairman Liz Mao, adding that in order to make any more major changes, they would have had to look at cutting teachers, which the board did not want to do.
Board member Martha Banks pointed out that the Board of Finance was able to reduce the budget from the initial projected 6.8 percent increase.
There were no cuts to the operating budget.
The board voted to reduce the requested funds to remove poison ivy at the high school from $20,000 to $10,000.
"We'll see how much we can get," Hagerty-Ross told the finance board. "Mike Lynch (director of facilities and operations) is a miracle worker so we'll see what he can do."
There was a possibility that a second generator in the schools would be funded, however, the Board of Finance decided that only one would be funded at the cost of $150,000 would be funded in the 2013-14 budget.
The approved capital budget is $2,343,740; Board of Selectmen budget is $42,466,624; and the Board of Education budget is $83,224,929.
The budget will be distributed to members of the Representative Town Meeting for final approval on Monday, May 13.