Approximately March of 2017, the Council had created a Finance Committee that added three citizens (non-voting) to the Finance Committee. The previous Finance Committee’s for many years had no one with substantive financial knowledge to determine the towns financial direction.
The mid-year budget report does not provide an explanation as to why the current year’s total department expenditures are projected to increase 16.7% over the prior year level. That is an increase of $5,340,288.
Date: August 5, 2018 To: Council Finance Committee From: Phil Koen and Jak Vannada Subject: Response to Staff memo – Review of the Town’s preliminary total … Continued
8-6-18 Finance Committee Meeting Presented to the Finance Committee, Staff and the Town Council We think that it is important to discuss the differences we have with the staff as to what constitutes a budget that the Town Council can … Continued