Finance Committee FY06 Budget Hearings Schedule

Published November 16, 2004 | Finance Committee | Automatically Archived on 2/8/2005

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The Sudbury Finance Committee has released their FY06 Budget Hearing Schedule. All hearings/meetings will begin at 7:30pm unless otherwise noted:

Jan 6 – Postponed to January 13 Sudbury Public Schools Budget Hearing @ Lower Town Hall

Jan 10 – Lincoln Sudbury Regional HS Budget Hearing @ Lower Town Hall

Jan 13 – Sudbury Public Schools @ Lower Town Hall

Jan 17 – Snow Date (Martin Luther King Holiday)

Jan 20 – Town of Sudbury and Revenue update @ Lower Town Hall

Jan 24 – Minuteman Reg Vo-Tech HS / Capital Improvements Planning Committee / Community Preservation Committee @ Lower Town Hall

Jan 27 – Joint meeting with Lincoln FinCom @ LSRHS and Other Articles / Senior Citizen Residential Exemption

Jan 31 – Finance Committee Deliberations @ Fairbank Senior Center

Feb 3 – FinCom Deliberations/Final Vote/Late warrant articles/Discussion of Warrant Reports @ Lower Town Hall

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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.