TOWN OF WRENTHAM Special Town Meeting 9 November 2009 Recommendations of the Town Finance Committee 1

FINCOM Recommendations Overview Water Enterprise Ambulance Receipts Free Cash Stabilization Capital Requests Deferments Opportunities Pop Ups November STM:  Addressing Capital  Adjusting the Operating Budget  Responding to Execution 2

Free Cash Certified by DOR$738,000 Set Aside for Snow and Ice $300,000 Available for Sourcing$438,000 Total of FC Recommendations$224,496 Total Remaining Free Cash$213,503 FY09 Free Cash Certified by DOR$773,212 Snow and Ice$329,370 Available for Sourcing$443,842 Total of FC Appropriations$400,376 Remaining Free Cash$ 43,466 Free Cash This Year Last Year Free Cash is the “Long Pole in the Tent” 3

Recommendations Using Free Cash 4

Recommendations Using Stabilization Fund Available funding is amount over and above 5% of budget criteria Requests are listed in priority order per the Capital Budget Planning Cmte Requires a 2/3 majority vote (Article 8 will have two motions as CPR machines are to be funded separate from Stabilization) Recommended items were deferred from last year 5

Recommendations Using Ambulance Receipts Reserve Fund Recommendations Using Water Enterprise Retained Earnings (Reserved and Unreserved) Article 9 will also request to Transfer from Reserved to Unreserved (Article 9B) 6

Additional Key Points Article 2 - Supplemental –Funds four H1N1 Clinics (PHN, Police, Fire) –Funds two Special Elections (Town Clerk, Police) –Possible Reimbursements for Clinics and Elections –No action on additional personnel funding requests Article 3 – Establishes separate expense line for Waste Water Treatment Facility adjacent to WPS –Transfers money from Town Support of Schools –Impacts Art 2 request for SPED Transportation Article 13 – Seeks funding to add two police officers 7

Requests and Recommendations Recap 8