Finance Committee Voted to Recommend FY17 Operating Budget

Published

February 28, 2016

March 1, 2016

| Automatically Archived on 5/15/2016

This Post has been archived and its content might be outdated. If you are looking for recent content, please check this Committee's Homepage.

The Finance Committee voted at its February 22nd meeting to recommend an FY17 Operating Budget totaling $90,943,226 (not including Capital or Enterprise Funds). The recommended budget was based on the most recent known and estimated information contained in the 2/22/16 General Operating, Capital and Available Sources/Uses document.

Categories

Department Page News, Front Page News

— Subscribe to Content Updates

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.

Town Government

Sudbury Maps

Interesting Facts

Town Multimedia

Historical Info

Calendars

Schedules

Archived Committees

Finance Committee Voted to Recommend FY17 Operating Budget

Categories

Finance Committee Voted to Recommend FY17 Operating Budget﻿

Categories

Finance Committee Voted to Recommend FY17 Operating Budget