Finance Committee releases FY07 Budget Hearing Schedule

Published

November 18, 2005

| Finance Committee | Automatically Archived on 2/7/2006

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All hearings/meetings begin @ 7:30pm unless otherwise noted. All hearing/ meetings will be held in the Lower Town Hall unless otherwise noted.

January 9 – Lincoln Sudbury Reg. High School Budget Hearings
January 12 – Sudbury Public Schools Budget Hearings
January 16 – Martin Luther King Holiday (Snow Date)
January 19 – Town of Sudbury Budget Hearings
January 23 – Minuteman Regional Vo-Tech / Capital Improvement / CPA
January 26 – Joint Meeting with Lincoln FinCom/ Other Articles
January 30 – Revenue Update / Other Articles
January 31 – Joint Meeting with Sudbury’s Board of Selectmen
February 2 – FinCom Deliberations, Final Votes, Discussion of Warrant Reports (@ Fairbank Senior 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.

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Finance Committee releases FY07 Budget Hearing Schedule

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