1
00:00:00,160 --> 00:00:01,360
due to our own

2
00:00:01,360 --> 00:00:04,080
good fortune we've been able to do it in

3
00:00:04,080 --> 00:00:06,799
four years plus a little bit of interest

4
00:00:06,799 --> 00:00:09,760
what i would like to um

5
00:00:09,760 --> 00:00:12,160
just let the town meeting make a note of

6
00:00:12,160 --> 00:00:13,599
is that

7
00:00:13,599 --> 00:00:15,920
the finncon made a a conclusion on page

8
00:00:15,920 --> 00:00:17,520
seven of the warren

9
00:00:17,520 --> 00:00:19,279
and i'd like to quote from that it says

10
00:00:19,279 --> 00:00:21,119
in conclusion we have taken another step

11
00:00:21,119 --> 00:00:22,960
closer to completely exhausting our

12
00:00:22,960 --> 00:00:25,199
savings account with no foreseeable

13
00:00:25,199 --> 00:00:27,599
means of replenishing them this brings

14
00:00:27,599 --> 00:00:29,279
us closer to the inevitable decision of

15
00:00:29,279 --> 00:00:31,359
serious reductions in services budget

16
00:00:31,359 --> 00:00:32,320
cuts

17
00:00:32,320 --> 00:00:34,079
are a general override of proposition

18
00:00:34,079 --> 00:00:35,760
two and a half

19
00:00:35,760 --> 00:00:38,960
now you spoke earlier mr walsh about

20
00:00:38,960 --> 00:00:41,040
putting putting the money towards town

21
00:00:41,040 --> 00:00:44,160
services and to reduce taxes

22
00:00:44,160 --> 00:00:45,840
if you look at our budget on the

23
00:00:45,840 --> 00:00:48,239
following pages

24
00:00:48,239 --> 00:00:50,239
we started off

25
00:00:50,239 --> 00:00:52,800
on article number 10

26
00:00:52,800 --> 00:00:54,640
page number 19.

27
00:00:54,640 --> 00:00:57,760
go into the next couple of pages page 21

28
00:00:57,760 --> 00:00:59,359
23

29
00:00:59,359 --> 00:01:01,920
up into 25 if you look at the following

30
00:01:01,920 --> 00:01:03,920
pages what we're doing is we're not

31
00:01:03,920 --> 00:01:06,320
funding the government as it is now

32
00:01:06,320 --> 00:01:09,119
we're increasing the size of government

33
00:01:09,119 --> 00:01:11,040
look throughout this area and you'll see

34
00:01:11,040 --> 00:01:12,560
that we've created four or five new

35
00:01:12,560 --> 00:01:13,760
positions

36
00:01:13,760 --> 00:01:15,840
some of them are supposedly funded at a

37
00:01:15,840 --> 00:01:17,439
new position at thirteen thousand

38
00:01:17,439 --> 00:01:19,360
another one of thirty six thousand

39
00:01:19,360 --> 00:01:21,119
another one we've made the newspaper

40
00:01:21,119 --> 00:01:23,280
approximately forty six to fifty two

41
00:01:23,280 --> 00:01:25,119
thousand dollars

42
00:01:25,119 --> 00:01:28,640
go back to the beginning of the

43
00:01:28,640 --> 00:01:32,789
motor checklist inside the front cover

44
00:01:32,799 --> 00:01:35,040
and what it says is

45
00:01:35,040 --> 00:01:37,119
this is from the fincom it gives a

46
00:01:37,119 --> 00:01:39,119
checklist of what we should be spending

47
00:01:39,119 --> 00:01:40,400
money on

48
00:01:40,400 --> 00:01:42,799
is it necessary can we afford it what

49
00:01:42,799 --> 00:01:44,960
will it ultimately cost

50
00:01:44,960 --> 00:01:47,040
how will it affect our basic liberties

51
00:01:47,040 --> 00:01:48,799
is it in the best balanced interest of

52
00:01:48,799 --> 00:01:49,520
all

53
00:01:49,520 --> 00:01:51,920
is it a foot in the door proposition and

54
00:01:51,920 --> 00:01:53,360
does it place too much power in the

55
00:01:53,360 --> 00:01:56,159
hands of one individual a group and it

56
00:01:56,159 --> 00:01:58,320
is based on emotional approach emotional

57
00:01:58,320 --> 00:02:01,280
propaganda of facts

58
00:02:01,280 --> 00:02:02,960
the point that i try to make about this

59
00:02:02,960 --> 00:02:03,920
is that

60
00:02:03,920 --> 00:02:05,520
what we're doing with this money if you

61
00:02:05,520 --> 00:02:07,680
follow the rest of the articles is we're

62
00:02:07,680 --> 00:02:09,679
not funding general government you're

63
00:02:09,679 --> 00:02:11,200
not going to save five cents on your

64
00:02:11,200 --> 00:02:12,239
taxes

65
00:02:12,239 --> 00:02:14,080
what this has done is to expand the size

66
00:02:14,080 --> 00:02:16,080
of general government so that we'll have

67
00:02:16,080 --> 00:02:18,720
to next year and the following year

68
00:02:18,720 --> 00:02:20,720
continue to pay for these increased

69
00:02:20,720 --> 00:02:22,560
sizes of government government's not

70
00:02:22,560 --> 00:02:24,879
getting smaller and through this

71
00:02:24,879 --> 00:02:26,879
enlargement of the town government there

72
00:02:26,879 --> 00:02:29,120
is no guarantee of efficiency which will

73
00:02:29,120 --> 00:02:31,200
save you tax money

74
00:02:31,200 --> 00:02:33,440
this proposal that you see

75
00:02:33,440 --> 00:02:35,040
wherever the town meeting decides to put

76
00:02:35,040 --> 00:02:37,200
the money and stabilization is fi it

77
00:02:37,200 --> 00:02:39,040
doesn't make any difference to me the

78
00:02:39,040 --> 00:02:41,519
point is before we spend through the

79
00:02:41,519 --> 00:02:43,040
report

80
00:02:43,040 --> 00:02:45,280
given to the fincom

81
00:02:45,280 --> 00:02:47,760
from free cash stabilization and hill

82
00:02:47,760 --> 00:02:49,519
view monies will be used to balance the

83
00:02:49,519 --> 00:02:51,280
budget doesn't say increase the size of

84
00:02:51,280 --> 00:02:53,920
it but that's what this budget entails

85
00:02:53,920 --> 00:02:56,319
and it will continue from that point on

86
00:02:56,319 --> 00:02:58,879
to 1994 approximately half a million

87
00:02:58,879 --> 00:03:01,200
dollars a year from now on all the money

88
00:03:01,200 --> 00:03:02,480
that goes in there won't save you any

89
00:03:02,480 --> 00:03:03,680
tax money

90
00:03:03,680 --> 00:03:06,159
what we have to do first in my opinion

91
00:03:06,159 --> 00:03:08,080
is to stop the size of increasing size

92
00:03:08,080 --> 00:03:09,760
of the town government and get your

93
00:03:09,760 --> 00:03:11,280
money's worth before you spend any more

94
00:03:11,280 --> 00:03:13,040
money we're throwing money at the

95
00:03:13,040 --> 00:03:14,720
problem and we're not attacking the

96
00:03:14,720 --> 00:03:17,040
problem we need results and we and we

97
00:03:17,040 --> 00:03:18,400
don't really need to spend any more

98
00:03:18,400 --> 00:03:21,280
money into the town government

99
00:03:21,280 --> 00:03:27,350
mr matreri

100
00:03:27,360 --> 00:03:29,200
mr moshery

101
00:03:29,200 --> 00:03:31,680
i just wanted to point out

102
00:03:31,680 --> 00:03:34,239
that the monies that were loaned to the

103
00:03:34,239 --> 00:03:35,519
hill view

104
00:03:35,519 --> 00:03:37,200
came out of stabilization and it

105
00:03:37,200 --> 00:03:39,680
required a two-thirds vote to move the

106
00:03:39,680 --> 00:03:42,159
money into their domain

107
00:03:42,159 --> 00:03:48,869
mr jervy

108
00:03:48,879 --> 00:03:50,799
i have a question for

109
00:03:50,799 --> 00:03:52,959
i think the finance committee

110
00:03:52,959 --> 00:03:54,959
it was my impression that this was going

111
00:03:54,959 --> 00:03:57,840
into stabilization in part so that it

112
00:03:57,840 --> 00:04:00,480
would become immediately available to

113
00:04:00,480 --> 00:04:02,000
town meeting

114
00:04:02,000 --> 00:04:04,000
whereas if it were to go into free cash

115
00:04:04,000 --> 00:04:05,680
it would have to wait until it had been

116
00:04:05,680 --> 00:04:08,000
certified by the department of revenue

117
00:04:08,000 --> 00:04:09,760
and this town meeting would not have

118
00:04:09,760 --> 00:04:11,519
access to it

119
00:04:11,519 --> 00:04:16,069
mr dodge

120
00:04:16,079 --> 00:04:18,160
the answer to state's question

121
00:04:18,160 --> 00:04:20,639
we believe is yes

122
00:04:20,639 --> 00:04:23,440
right now our belief is the fact that if

123
00:04:23,440 --> 00:04:26,000
you transfer it into stabilization

124
00:04:26,000 --> 00:04:29,680
we will have access to that money to

125
00:04:29,680 --> 00:04:31,919
tonight in this town meeting

126
00:04:31,919 --> 00:04:33,919
if we transfer the funds into what's

127
00:04:33,919 --> 00:04:36,080
called the general fund

128
00:04:36,080 --> 00:04:38,160
it appears that

129
00:04:38,160 --> 00:04:40,400
you would have to be certified as free

130
00:04:40,400 --> 00:04:42,720
cash at the end of the fiscal year this

131
00:04:42,720 --> 00:04:45,440
fiscal year which means that this at the

132
00:04:45,440 --> 00:04:46,639
end of each fiscal year the state

133
00:04:46,639 --> 00:04:48,240
certifies the amount of funds we have

134
00:04:48,240 --> 00:04:51,040
available that means the funds would not

135
00:04:51,040 --> 00:04:54,720
be available until october tower meeting

136
00:04:54,720 --> 00:04:58,240
now i used a lot of fuzzy words like i

137
00:04:58,240 --> 00:04:59,360
believe

138
00:04:59,360 --> 00:05:01,520
i should have said i think

139
00:05:01,520 --> 00:05:02,960
because believe me this has been a

140
00:05:02,960 --> 00:05:04,320
question that we've been chasing for

141
00:05:04,320 --> 00:05:05,759
several months

142
00:05:05,759 --> 00:05:09,360
we've gone around and around circles

143
00:05:09,360 --> 00:05:10,880
we've got different opinions at

144
00:05:10,880 --> 00:05:13,600
different times

145
00:05:13,600 --> 00:05:15,360
i think that right now as a finance

146
00:05:15,360 --> 00:05:17,199
committee member i have to lean towards

147
00:05:17,199 --> 00:05:19,120
what the department of revenue told us

148
00:05:19,120 --> 00:05:20,479
straight out

149
00:05:20,479 --> 00:05:22,400
the department of revenue told us you

150
00:05:22,400 --> 00:05:24,800
put it into stabilization you can use it

151
00:05:24,800 --> 00:05:27,199
at that town meeting

152
00:05:27,199 --> 00:05:28,479
i mean

153
00:05:28,479 --> 00:05:30,639
this is this is going to be a question

154
00:05:30,639 --> 00:05:32,000
wait till we start talking about the

155
00:05:32,000 --> 00:05:33,680
future monies to come out of the hill

156
00:05:33,680 --> 00:05:34,880
view it's going to get even more

157
00:05:34,880 --> 00:05:36,240
interesting

158
00:05:36,240 --> 00:05:37,039
but

159
00:05:37,039 --> 00:05:39,680
i believe the best place to put it is

160
00:05:39,680 --> 00:05:41,840
it's a stabilization

161
00:05:41,840 --> 00:05:44,080
and if you want to change the questions

162
00:05:44,080 --> 00:05:46,240
later on and about the two-thirds

163
00:05:46,240 --> 00:05:47,280
funding

164
00:05:47,280 --> 00:05:49,199
and to put the money into something like

165
00:05:49,199 --> 00:05:50,960
pensions and benefit or something to use

166
00:05:50,960 --> 00:05:53,120
up or to use the stabilization money

167
00:05:53,120 --> 00:05:55,600
into that those areas you can do that as

168
00:05:55,600 --> 00:05:56,800
well

169
00:05:56,800 --> 00:05:58,800
but my personal belief is the best place

170
00:05:58,800 --> 00:06:00,639
to put it right now with the least

171
00:06:00,639 --> 00:06:02,400
amount of questions or issues is going

172
00:06:02,400 --> 00:06:04,880
to be into stabilization

173
00:06:04,880 --> 00:06:40,629
you have a quick follow up mr walsh

174
00:06:40,639 --> 00:06:42,000
uh

175
00:06:42,000 --> 00:06:43,840
you know high school

176
00:06:43,840 --> 00:06:46,560
committee that put you know amounts of

177
00:06:46,560 --> 00:06:48,720
money to the appropriations for funding

178
00:06:48,720 --> 00:06:50,319
the high school where the border

179
00:06:50,319 --> 00:06:52,400
selector decided to have to pay off the

180
00:06:52,400 --> 00:06:54,800
debt and then the high school committee

181
00:06:54,800 --> 00:06:56,240
came back and said hey

182
00:06:56,240 --> 00:06:59,120
that's not the way the town voted

183
00:06:59,120 --> 00:07:14,790
so all i'm saying is

184
00:07:14,800 --> 00:07:29,189
stabilization

185
00:07:29,199 --> 00:07:31,120
just answer that point we could not take

186
00:07:31,120 --> 00:07:32,960
it from the water

187
00:07:32,960 --> 00:07:34,960
and put it into stabilization the point

188
00:07:34,960 --> 00:07:37,759
that needs to be made is the fact that

189
00:07:37,759 --> 00:07:40,960
if we as town meeting did not put up

190
00:07:40,960 --> 00:07:43,039
that 200 000

191
00:07:43,039 --> 00:07:45,759
four years ago as feed money to the hill

192
00:07:45,759 --> 00:07:48,240
view we would not be able to transfer

193
00:07:48,240 --> 00:07:50,800
this money into stabilization this is a

194
00:07:50,800 --> 00:07:52,240
payback

195
00:07:52,240 --> 00:07:54,960
simple as that

196
00:07:54,960 --> 00:08:05,749
mr bellows

197
00:08:05,759 --> 00:08:08,400
paula billows 175 north street mr

198
00:08:08,400 --> 00:08:10,000
moderator there's been some remarks

199
00:08:10,000 --> 00:08:12,000
about several remarks about hillview and

200
00:08:12,000 --> 00:08:12,879
i just

201
00:08:12,879 --> 00:08:15,919
would like to to set the record straight

202
00:08:15,919 --> 00:08:18,400
when the proposal for the acquisition of

203
00:08:18,400 --> 00:08:20,319
hillview was made

204
00:08:20,319 --> 00:08:22,800
it was to protect the aquifer the open

205
00:08:22,800 --> 00:08:24,160
space

206
00:08:24,160 --> 00:08:26,960
the monies that came from hillview uh

207
00:08:26,960 --> 00:08:28,800
have come from hillview

208
00:08:28,800 --> 00:08:30,639
go to the town

209
00:08:30,639 --> 00:08:33,279
and hill view is not mine

210
00:08:33,279 --> 00:08:36,320
it's not the hillview commissions it is

211
00:08:36,320 --> 00:08:38,959
ours and that's very important not to

212
00:08:38,959 --> 00:08:41,919
lose sight of that it is ours

213
00:08:41,919 --> 00:08:44,000
and it will remain ours hopefully

214
00:08:44,000 --> 00:08:45,519
indefinitely

215
00:08:45,519 --> 00:08:46,560
now

216
00:08:46,560 --> 00:08:48,800
as far as the monies from hill views

217
00:08:48,800 --> 00:08:51,200
going into stabilization

218
00:08:51,200 --> 00:08:54,160
i don't really oppose that i do for a

219
00:08:54,160 --> 00:08:56,399
couple of reasons suggest that there

220
00:08:56,399 --> 00:08:58,000
should be serious questions as to

221
00:08:58,000 --> 00:08:59,760
whether we should do it now and the

222
00:08:59,760 --> 00:09:02,480
questions basically were risen i've

223
00:09:02,480 --> 00:09:04,399
risen because of things that the finance

224
00:09:04,399 --> 00:09:06,800
committee has said

225
00:09:06,800 --> 00:09:09,360
the traditional concept of stabilization

226
00:09:09,360 --> 00:09:11,839
is as the gentleman stated before

227
00:09:11,839 --> 00:09:14,560
for capital projects

228
00:09:14,560 --> 00:09:17,200
uh in my mind that seems to be an

229
00:09:17,200 --> 00:09:20,080
appropriate use for the funds

230
00:09:20,080 --> 00:09:20,880
now

231
00:09:20,880 --> 00:09:23,399
mr dodge i believe it was says that

232
00:09:23,399 --> 00:09:26,399
stabilization is being used i think i'm

233
00:09:26,399 --> 00:09:28,640
calling him for operations

234
00:09:28,640 --> 00:09:31,120
and the next year we're going to have

235
00:09:31,120 --> 00:09:32,720
the same problem but i don't believe

236
00:09:32,720 --> 00:09:34,560
we're going to have the same funding

237
00:09:34,560 --> 00:09:36,399
next year so now

238
00:09:36,399 --> 00:09:40,080
if we put this into stabilization

239
00:09:40,080 --> 00:09:42,000
why are we doing it this year there's

240
00:09:42,000 --> 00:09:44,240
money in stabilization so what it is

241
00:09:44,240 --> 00:09:46,480
it's a swap off you take some of

242
00:09:46,480 --> 00:09:49,279
stabilization that's there right now and

243
00:09:49,279 --> 00:09:51,839
you replenish it with stabilization but

244
00:09:51,839 --> 00:09:54,480
it's a utilization of stabilization

245
00:09:54,480 --> 00:09:55,440
money

246
00:09:55,440 --> 00:10:00,320
for purposes of our operating capital

247
00:10:00,320 --> 00:10:02,959
now mr walsh previous speaker said that

248
00:10:02,959 --> 00:10:05,120
there are jobs that are being created

249
00:10:05,120 --> 00:10:08,800
this is not level funding government there are jobs that are being

250
00:10:08,800 --> 00:10:11,040
created and these monies will be used to

251
00:10:11,040 --> 00:10:12,880
fund these jobs where's the money going

252
00:10:12,880 --> 00:10:14,880
to come from next year

253
00:10:14,880 --> 00:10:17,360
i think at some point this town and our

254
00:10:17,360 --> 00:10:18,880
town officials have got to bite the

255
00:10:18,880 --> 00:10:20,880
bullet and the most cogent thing that

256
00:10:20,880 --> 00:10:23,200
was said by mr dodge and he posed

257
00:10:23,200 --> 00:10:24,320
questions

258
00:10:24,320 --> 00:10:26,160
and i would like to hear answers to the

259
00:10:26,160 --> 00:10:28,399
questions there were two questions he

260
00:10:28,399 --> 00:10:29,920
said

261
00:10:29,920 --> 00:10:32,800
we need a plan we need to know where we

262
00:10:32,800 --> 00:10:34,000
are going

263
00:10:34,000 --> 00:10:36,560
and the second one is what's not being

264
00:10:36,560 --> 00:10:37,440
done

265
00:10:37,440 --> 00:10:40,079
and i urge the town administrator or the

266
00:10:40,079 --> 00:10:42,560
board of selectmen or someone to answer

267
00:10:42,560 --> 00:10:44,560
those questions before we start

268
00:10:44,560 --> 00:10:47,360
earmarking this money for stabilization

269
00:10:47,360 --> 00:10:49,040
at this time

270
00:10:49,040 --> 00:10:50,880
gentlemen please take your name and

271
00:10:50,880 --> 00:10:52,000
address sir

272
00:10:52,000 --> 00:10:55,200
uh james brophy 21 marshall street i've

273
00:10:55,200 --> 00:10:56,880
heard comments

274
00:10:56,880 --> 00:10:59,680
about payback

275
00:10:59,680 --> 00:11:02,320
several years ago when the town

276
00:11:02,320 --> 00:11:05,839
invested the money into hill view

277
00:11:05,839 --> 00:11:09,519
and that investment has done very well

278
00:11:09,519 --> 00:11:11,920
can the town take that investment and

279
00:11:11,920 --> 00:11:14,959
reinvest it instead of using it for

280
00:11:14,959 --> 00:11:16,959
day-to-day expenses

281
00:11:16,959 --> 00:11:20,320
and that reinvestment allow that to grow

282
00:11:20,320 --> 00:11:22,720
so that the town in the future

283
00:11:22,720 --> 00:11:36,550
will be a better place to live

284
00:11:36,560 --> 00:11:38,399
again mr walsh

285
00:11:38,399 --> 00:11:40,480
current chairman of the hill view and mr

286
00:11:40,480 --> 00:11:42,399
billows a member of the hill view and

287
00:11:42,399 --> 00:11:44,399
former chairman have made reference to

288
00:11:44,399 --> 00:11:46,640
various line items in this budget

289
00:11:46,640 --> 00:11:48,480
i certainly hope

290
00:11:48,480 --> 00:11:50,240
that the people that are here tonight

291
00:11:50,240 --> 00:11:51,839
who are going to vote on article 9 and

292
00:11:51,839 --> 00:11:53,279
whether or not to transfer this money in

293
00:11:53,279 --> 00:11:54,560
stabilization

294
00:11:54,560 --> 00:11:56,560
will stay here and discuss at the

295
00:11:56,560 --> 00:11:58,720
appropriate time each line item with

296
00:11:58,720 --> 00:12:00,640
this budget to see if in fact there is

297
00:12:00,640 --> 00:12:03,440
waste to see if in fact there are monies

298
00:12:03,440 --> 00:12:04,399
that they're not in favor of

299
00:12:04,399 --> 00:12:07,040
appropriating i think to vote on article

300
00:12:07,040 --> 00:12:09,120
nine and then not to sit here and go

301
00:12:09,120 --> 00:12:10,800
through the budget line item by line

302
00:12:10,800 --> 00:12:13,600
item is irresponsible i really do

303
00:12:13,600 --> 00:12:15,680
and we have spent the time the finance

304
00:12:15,680 --> 00:12:17,279
committee and the board of selectmen

305
00:12:17,279 --> 00:12:19,200
reviewing this budget we spent six

306
00:12:19,200 --> 00:12:21,120
consecutive saturdays we spent meetings

307
00:12:21,120 --> 00:12:23,200
during the week we spent our own time at

308
00:12:23,200 --> 00:12:24,800
home trying to establish a budget that

309
00:12:24,800 --> 00:12:26,800
was responsible the monies that we're

310
00:12:26,800 --> 00:12:28,399
asking to transfer back whether

311
00:12:28,399 --> 00:12:30,959
stabilization of free cash is monies

312
00:12:30,959 --> 00:12:32,639
that were advanced in the first place to

313
00:12:32,639 --> 00:12:36,079
the hill view it's not so-called surplus

314
00:12:36,079 --> 00:12:37,760
money from the hill view

315
00:12:37,760 --> 00:12:39,279
next year maybe there will be surplus

316
00:12:39,279 --> 00:12:41,360
money but this is money that essentially

317
00:12:41,360 --> 00:12:43,839
is owed back to the town and again i

318
00:12:43,839 --> 00:12:46,560
think if people in this audience have a

319
00:12:46,560 --> 00:12:48,560
problem with various line items they

320
00:12:48,560 --> 00:12:50,480
should stay here and they should vote on

321
00:12:50,480 --> 00:12:51,760
those line items and they should be

322
00:12:51,760 --> 00:12:55,910
discussed at that time thank you

323
00:12:55,920 --> 00:12:57,360
gentlemen in the center please state

324
00:12:57,360 --> 00:13:04,150
your name and address sir

325
00:13:04,160 --> 00:13:06,959
jerry fitzgerald ashwood drive

326
00:13:06,959 --> 00:13:08,800
uh mr moderator

327
00:13:08,800 --> 00:13:10,959
i believe that we have we planted a seed

328
00:13:10,959 --> 00:13:13,040
at hill view and we are about to reap

329
00:13:13,040 --> 00:13:14,800
the first harvest

330
00:13:14,800 --> 00:13:16,560
at this point i don't think we should

331
00:13:16,560 --> 00:13:18,399
gobble up the first harvest

332
00:13:18,399 --> 00:13:20,240
i think we should continue to reinvest

333
00:13:20,240 --> 00:13:22,560
it and let it be our legacy to our

334
00:13:22,560 --> 00:13:37,430
children and to their children

335
00:13:37,440 --> 00:13:42,389
mr dodge

336
00:13:42,399 --> 00:13:44,160
i had to prep one of my busy chats again

337
00:13:44,160 --> 00:13:54,790
here

338
00:13:54,800 --> 00:13:57,120
as far as right now

339
00:13:57,120 --> 00:13:59,199
if you follow the fincard

340
00:13:59,199 --> 00:14:01,120
recommendations

341
00:14:01,120 --> 00:14:02,639
this is the amount of money that we

342
00:14:02,639 --> 00:14:06,480
would have remaining in stabilization

343
00:14:06,480 --> 00:14:08,000
okay

344
00:14:08,000 --> 00:14:09,760
some of the issues that are coming up

345
00:14:09,760 --> 00:14:11,360
before us

346
00:14:11,360 --> 00:14:14,320
now the two main ones that we pretty much

347
00:14:14,320 --> 00:14:16,639
know the dollar amounts of uh illini is

348
00:14:16,639 --> 00:14:18,399
within the honorable budget one is

349
00:14:18,399 --> 00:14:20,160
compensation change within the town

350
00:14:20,160 --> 00:14:22,720
budget which would be money there for

351
00:14:22,720 --> 00:14:24,480
uh well actually both lineups are called

352
00:14:24,480 --> 00:14:25,760
two different things but there's money

353
00:14:25,760 --> 00:14:28,320
there for negotiations for increases for

354
00:14:28,320 --> 00:14:29,600
the different unions and the employees

355
00:14:29,600 --> 00:14:31,440
of the town right now the finance

356
00:14:31,440 --> 00:14:33,680
committee is not is not recommending

357
00:14:33,680 --> 00:14:36,399
those line items as you see that subs up

358
00:14:36,399 --> 00:14:41,030
to about a total of 173 000

359
00:14:41,040 --> 00:14:44,079
that leaves us short

360
00:14:44,079 --> 00:14:45,920
basically about what thirty thousand

361
00:14:45,920 --> 00:14:47,040
dollars

362
00:14:47,040 --> 00:14:50,079
from those two line items

363
00:14:50,079 --> 00:14:52,000
the other issue is

364
00:14:52,000 --> 00:14:53,839
and believe me i haven't had noise the

365
00:14:53,839 --> 00:14:55,600
finance committee had time to consider

366
00:14:55,600 --> 00:14:57,760
the arbitration that was just settled

367
00:14:57,760 --> 00:15:01,199
with the firefighters union but we