The Finance Committee is sponsoring a Public Forum for the FY07 Budget.

Published March 13, 2006 | Finance Committee | Automatically Archived on 3/21/2006

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The Finance Committee is sponsoring a Public Forum for the FY07 budget to be held on March 20, 2006 at 7:30pm in the Lower Town Hall. Helen Casey from the League of Women Voters will be moderating the event which will give the taxpayers of Sudbury the opportunity to ask questions of the local officials involved in the development and preparation of the town’s budget. Panel participants include representatives from the Board of Selectmen, Finance Committtee, Sudbury Public Schools, Lincoln Sudbury Regional High School, and the Town Manager. The Finance Committee encourages the public to attend the forum or to view it on Channel 8, Sudbury’s local access cable television station.

The public is invited to e-mail any questions they may have about the FY07 budget to finance@town.sudbury.ma.us any time prior to and during the forum or to call in their questions to a telephone number that will be displayed on the screen during the live broadcast. Channel 8 will rebroadcast the program between the night of the fourm and the Annual Town Meeting, which commences on April 3, 2006 at 7:30pm.

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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.