1. 2015 Annual Budget and Warrant Article Discussion February 7, 2015

2. Agenda Town Budget Hearing Town Financial Warrant Articles Discussion ConVal Budget and Warrant Articles Update

3. 2015 Budget Hearing 2014 Budget $1,426,923 Non recurring expenses Cemetery Expansion $3,000 Ambulance $41,520 Asphalt Trust $29,000 Bridge Trust $15,500 Fairpoint $11,000 Flat Budget Target $1,326,903

4. 2015 Budget Hearing Flat budget target $1,326,903 Today’s 2015 budget $1,338,787 Difference $11,888 If loader and computer warrant articles pass budget would be reduced to $1,311,288. The Bottom Line

5. 2015 Budget Hearing Flat budget target of $1,326,903  Requires absorption of increases in wages, health insurance, police, ambulance, asphalt, gravel, vehicle and computer maintenance, electricity, air pack financing, new website cost, etc.  Offset by reductions in recycling, abatements, liability insurance, fuel, welfare, fewer elections etc.

6. 2015 Budget Hearing Comparison of 2015 and 2014 2015 Budget2014 Budget BOS $7,702 $7,693 Admin$72,763$71,299 Town Mtg $3,950 $5,200 Town Clerk$23,584$23,748

7. 2015 Budget Hearing Comparison of 2015 and 2014 2015 Budget2014 Budget Voter Reg $1,200 Elect. Adm. $2,150 $3,500 Vital Stats $500 $300 Audit$11,000$10,500

8. 2015 Budget Hearing Comparison of 2015 and 2014 2015 Budget2014 Budget Assessing$14,500$15,000 Tax Collect.$24,302$27,859 Treas $5,580 $5,530 Information Services $17,000 *$13,500 BAC $101 *Reduced by $2,000 if computer Warrant Article passes

9. 2015 Budget Hearing Comparison of 2015 and 2014 2015 Budget2014 Budget Legal$21,000 Benefits$79,502$74,087 Planning Bd. $3,467 $6,007 Zoning Bd. $1,050

10. 2015 Budget Hearing Comparison of 2015 and 2014 2015 Budget2014 Budget Bldg Maint.$26,511$25,724 Cem Maint. $5,265$7,645 Insurance$16,364$21,111 Dues $2,627$2,586

11. 2015 Budget Hearing Comparison of 2015 and 2014 2015 Budget2014 Budget Other Govt. $1,944 $2,043 Police$232,824$221,200 Ambulance. $45,000 $39,800 Fire $35,456

12. 2015 Budget Hearing Comparison of 2015 and 2014 2015 Budget2014 Budget Bldg Insp $219 Emer. Mgt $2,000 Fire Comm$16,494$16,050 Fuel$23,600$26,600

13. 2015 Budget Hearing Comparison of 2015 and 2014 2015 Budget2014 Budget Highway: General$207,952$205,550 Paving Veh Maint Gravel $133,000 * $38,000 ** $46,000 $100,000 $10,000 $38,000 Total$424,952$353,550 * Plus $26,000 from Asphalt Trust ** Reduced by $25,000 if loader passes

14. 2015 Budget Hearing Comparison of 2015 and 2014 2015 Budget2014 Budget Recycling$48,400$58,850 Dumpster $700 Welfare$16,485$21,485 Animal Control $9,374 $8,501 Health Officer $1 Agencies $5,683 $5,658

15. 2015 Budget Hearing Comparison of 2015 and 2014 2015 Budget2014 Budget Recreation $3,500 Library$47,149$49,125 Patriotic $1,301 $901 Conservation $623 Gen. Miller Land$41,300$44,900 Air Packs$12,718 $0 Truck$29,046$30,100

16. 2015 Budget Hearing 2015 Budget2014 Budget Total Budget Total Warrants Total Town Appropriation $1,338,787 $ 233,032 $1,545,089* $1,426,923 Sum of adjusted Budget plus warrants. Town only: excludes ConVal and County.

17. Financial Warrant Article Discussion Cont: Warrant ArticlesCost  Loader$164,000  Fire Dept. Jaws of Life $12,025  Computers $12,512  Police Cruiser $14,775  Wilton Ambulance Service: Stryker Power Pro Stretcher $3,800

18. Financial Warrant Article Discussion Total Warrant Articles: $233,302 $164,000 Loader financed – no impact on 2015 Taxes Warrant ArticlesCost  Highway Cemetery Mower $11,000  Vehicle Maint. Trust $15,000  Big Brothers/Sisters $200

19. ConVal  Proposed Budget: $ 44.7 million The proposed Conval Gross Budget is down slightly from last year but without including any teacher salary increase. Expected state aid is also down. Without any warrant articles Total District Assessment, what the towns actually pay, would go down $264,000. Temple currently pays 8% of District Assessment or $2,607,910. In 2015 our state aid is scheduled to drop by $50,000 and it is not clear whether our 8% share changes as well.

20. ConVal Warrant Articles: Gross Budget, $44.7 million Default $ 198,000 less Teacher Contract Cost for first year: $426,506 Additions to Reserve Accounts: $400,000 If all money articles pass, District Assessment will go up by : $562,700, or 1.73%

21. ConVal Petition Warrant Articles  Petition Warrant Article for one Middle School, 5th grade to local town schools (Advisory only)  Petition Warrant Article to allow School Board to close any elementary school (Change to Articles of Agreement) 2/3 vote required