{"id":44,"date":"2010-03-26T12:30:33","date_gmt":"2010-03-26T12:30:33","guid":{"rendered":"https:\/\/sudbury.ma.us\/cpc\/2010\/03\/26\/fincom-analysis-of-article-40-reduce-cpa-surcharge\/"},"modified":"2010-03-26T12:30:33","modified_gmt":"2010-03-26T12:30:33","slug":"fincom-analysis-of-article-40-reduce-cpa-surcharge","status":"public-archive","type":"post","link":"https:\/\/sudbury.ma.us\/cpc\/2010\/03\/26\/fincom-analysis-of-article-40-reduce-cpa-surcharge\/","title":{"rendered":"FinCom Analysis of Article 40, Reduce CPA Surcharge"},"content":{"rendered":"<p>\n\tAt their meeting of March 25, 2010 the Sudbury Finance Committee voted 6-2 to oppose Article 40, an article to reduce the CPA surcharge from its present 3% to 1.25%.<\/p>\n<p>\n\tFinCom member Jim Rao presented an analysis of the petitioner&#39;s findings, attached here, <a href=\"\/documents\/download.asp?id=5542\"><strong>FinCom<\/strong><strong> Analysis of Article 40, Reduce CPA Surcharge<\/strong><\/a>. The attached 20 year analysis revises the future fund balance to indicate a much slower rate of growth, and projects, if Article 40 is passed,&nbsp;leaving minimal funding for CPA projects over the required 10% minimum spending in the 3 statutory categories.<\/p>\n<p>\n\tThe Community Preservation Committee also opposes this article, as it effectively eliminates the Town&#39;s ability to use CPA funds to preserve large open space projects.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Analysis leads to FinCom vote against Article 40. <a href=\"https:\/\/sudbury.ma.us\/cpc\/2010\/03\/26\/fincom-analysis-of-article-40-reduce-cpa-surcharge\/\" aria-label=\"Read full article about FinCom Analysis of Article 40, Reduce CPA Surcharge\">Read full article<span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false},"categories":[164,1,327],"tags":[],"_links":{"self":[{"href":"https:\/\/sudbury.ma.us\/cpc\/wp-json\/wp\/v2\/posts\/44"}],"collection":[{"href":"https:\/\/sudbury.ma.us\/cpc\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sudbury.ma.us\/cpc\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sudbury.ma.us\/cpc\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sudbury.ma.us\/cpc\/wp-json\/wp\/v2\/comments?post=44"}],"version-history":[{"count":0,"href":"https:\/\/sudbury.ma.us\/cpc\/wp-json\/wp\/v2\/posts\/44\/revisions"}],"wp:attachment":[{"href":"https:\/\/sudbury.ma.us\/cpc\/wp-json\/wp\/v2\/media?parent=44"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sudbury.ma.us\/cpc\/wp-json\/wp\/v2\/categories?post=44"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sudbury.ma.us\/cpc\/wp-json\/wp\/v2\/tags?post=44"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}