Town Meeting Article 7: Does a budget surplus belong to the voters or the Selectboard?
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Posted this on the listserv. Thought I would include it here as well. Last year the Town’s annual budget had a surplus of approximately $300,000. Should voters decide how that money is spent or should the Selectboard? How about past surpluses and future budget surpluses? Today the total accumulated surplus is about $850,000. And, specific voter approval is needed to spend that money. However, if Article 7 is approved, control of that money (and future surpluses) goes to the Selectboard. Continue reading Town Meeting Article 7: Does a budget surplus belong to the voters or the Selectboard?