Sudbury Finance Committee FY05 Budget Hearings

Published November 4, 2003 | Finance Committee | Automatically Archived on 2/23/2004

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All hearings will begin at 7:30pm in the lower Town Hall, unless otherwise stated:

Jan 8 – Sudbury Public Schools Budget Hearing

Jan 13 – Lincoln-Sudbury Reg. School District Hearing

Jan 15 – Review of Teachers’ Comparative Analysis
Report & Discussion on Warrant Reports
(7:30pm @ Fairbank Senior Center)

Jan 22 – Minuteman Regional Vo-Tech, Capital
Improvement,and review narrative assignments
for town report

Jan 26 – Town of Sudbury Budget Hearings

Jan 29 – Presentations by CPC, PTERC & Bd of
Selectmen.

Feb 2 – Revenue Update, Other Articles, & FinCom
Deliberations Begin
(7:30pm @ Fairbank Senior Center)

Feb 5 – Discussion & Vote for LSRHS use of interet
income of BANS, FinCom Deliberations
continue/Final Votes
(7:30pm @ Fairbanks)

Feb 9 – Snow Date for Final Votes & Late Warrant
Articles (7:30pm @ Fairbank Sr Center)

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The Finance Committee’s primary responsibility is to make recommendations to Town Meeting on all of Sudbury’s financial matters. Most, but not all, of its efforts are geared toward budgetary matters. Throughout the year, the committee regularly interacts with town and school officials and various other committees on fiscal issues. It holds public budget hearings in January and February each year.

At Town Meetings, the Committee is required by law to present voters with a balanced non-override budget (one that does not exceed the levels of Proposition 2 1/2) and to make recommendations on all financial articles. If, in any year, the Select Board authorizes an override budget, the Committee will make a recommendation on that proposed budget. After deliberation, the Finance Committee makes its view public in the Finance Committee Report as part of the Official Town Warrant. In order for an override budget (one that exceeds the levels of Proposition 2 1/2) to be approved, it must pass in a Town-wide election and receive a majority vote at Town Meeting.

The Finance Committee meetings are public and usually held on the third Monday of the month. All meetings are at the Flynn Building and begin at 7:30pm, unless posted otherwise.