“To understand where you are going, you must know where you have been “To understand where you are going, you must know where you have been.” FY 2011 Preliminary Budget Discussions Dale Olmstead, Town Manager Abbe Yacoben, Finance Director January 26, 2010 11/21/2018 Please note that all projections are subject to change as budget passage gets closer.

Impact of Past Budget Cycles on Current Municipal Services Positions Impacted-Town Hall Hours-per-week Eliminated Eliminated Receptionist Eliminated Manager’s Assistant Reduced Bookkeeper’s Hours Reduced HR Clerk’s Hours Reduced Deputy Clerk’s Hours Reduced Planning Asst.’s Hours -37.5 hours-per-week -5 hours-per-week -12.5 hours-per-week Total Reduction -102.5 Hours 2.75 Full-time Equivalents 11/21/2018 Please note that all projections are subject to change as budget passage gets closer.

While Employee Time is Reduced, Duties Have Increased New Town Hall Duties Include Clerk’s Office Now Processes Passports Manager’s Office Prepares Annual Report Manager’s Office Performs Yarmouth GA Finance Department Prepares Financials Manager’s and Assessing Office Maintain Website 11/21/2018 Please note that all projections are subject to change as budget passage gets closer.

Increased Workload-DPW/Recycling Public Works/Recycling Changes Include Recycling has decreased from 6-4 days-per-week Road “turnbacks” from the State DOT of 14.5 miles or 17.5% of total maintenance miles Highest employee-per-mile ratio in the region (A small number of employees maintain a large number of lane miles) 11/21/2018 Please note that all projections are subject to change as budget passage gets closer.

Increased Workload-Police Department Police Department Changes Include Personnel level has not increased in more than ten years Severity and frequency of crime have increased (30% increase in felonies) Detective position created using current staff Duties shifted to avoid overtime costs 11/21/2018 Please note that all projections are subject to change as budget passage gets closer.

Increased Workload-Library Library Changes Include New library opens in 1997-from 6,000 sq ft. to 17,000 sq ft. with same staffing level New Saturday hours added in 1997 (30 Saturdays-per-year) Staff hours increased by 24 weekly or 720 annually Circulation in 1998 was 96,232 Circulation in 2008 was 150,440 This is an increase of 56% 11/21/2018 Please note that all projections are subject to change as budget passage gets closer.

The Fire/Rescue Department has Been Restructured and Taken on More Fire/Rescue Changes Include NET Program 3 New Positions Created 2.75 Positions paid by NET Program Department Performs Billing for Surrounding Towns (Durham, Yarmouth, and North Yarmouth) 11/21/2018 Please note that all projections are subject to change as budget passage gets closer.

Getting Specific-FY 2011 Projections Revenue Losses Type of Revenue Projected Loss Revenue Sharing Tree Growth Road Assistance Investment Income -225,000 -4,000 -50,000 -60,000 Total Projected Loss of -$339,000 11/21/2018 Please note that all projections are subject to change as budget passage gets closer.

FY 2011 Expenditure Increases Type of Expenditure Amount of Increase Wage Adjustments Benefits Energy Increases Unleaded, diesel, propane, heating oil, natural gas Miscellaneous 162,200 43,800 50,000 25,000 Total Expenditure Increases $281,000 11/21/2018 Please note that all projections are subject to change as budget passage gets closer.

Revenue Adjustments and Other Revenue Possibilities Type of Revenue Impact on Budget Debt Service Reduction New Value-Approximate Alarm Monitoring Use of Cable Franchise Fee $54,000 $200,000 Subtotal: $254,000 $25,000 $10,000 Total: $289,000 11/21/2018 Please note that all projections are subject to change as budget passage gets closer.

Recap and Impact on the Municipal Tax Rate CHANGE REVENUE DECREASES REVENUE SHARING $ (225,000.00) TREE GROWTH $ (4,000.00) INVESTMENT INCOME $ (60,000.00) STATE ROAD ASSISTANCE FUNDING $ (50,000.00) EXENDITURE INCREASES WAGE INCREASE $ 162,200.00 BENEFITS $ 43,800.00 MISCELLANEOUS $ 75,000.00 OTHER FACTORS DEBT SERVICE REDUCTION $ 54,000.00 NEW VALUE $ 200,000.00 TOTAL IMPACT   $ (366,000.00) POTENTIAL NEW REVENUE ALARM MONITORING $ 25,000.00 CABLE TRANSFER $ 10,000.00 TOTAL NET NEW REVENUE $ (331,000.00) This equals 23 cents on the municipal tax rate or an increase of approx. 7% Increase for a $200,000 home is $46 per year 11/21/2018 Please note that all projections are subject to change as budget passage gets closer.

Note on the Capital Budget Reserves have three sources of funding Transfer of any year-end surplus from general fund Transfer from leases of $175,000 Investment Income-Market Adjustment FY 2009 market loss of approximately -$360,000 2010 Capital Budget will be very lean and include very urgent projects only until Town can begin funding reserves again. 11/21/2018 Please note that all projections are subject to change as budget passage gets closer.