2020.04.13 Council Agenda Item 6
Summary
FY21 Town and School Department Budget update by the Town Manager, Finance Director, and School Department officials.
A public comment period will not be included with this item.
ACTION: Council action is not anticipated.
Description
The Town Manager, Finance Director, and School Department officials will provide an update FY21 Town and School Department budgets (presentation attached). The proposed Town and School Department budgets have been substantively changed due to the COVID-19 outbreak and current economic uncertainty. The Town budget has been posted to the Finance Department webpage.
The Finance Committee has proposed two new sources of revenue that will be reviewed as part of the budget package: 1) implementing the mooring fee increase recommended by Chief Kilbride and 2) increasing the fee for yellow trash bags from $2.08 per 33 gallon bag to $2.95 per 33 gallon bag and $1.46 per 20 gallon bag to $1.91 per 20 gallon bag.
