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Home My Public Portal About20150415 - Appropriations Committee - Meeting MinutesTown of Hopkinton Appropriation Committee Minutes of Meeting on Wednesday, April 15, 2015 Room 215, Town Hall, Hopkinton, Massachusetts In attendance: Mike Manning Pat Mahon Wayne Pacheco Pam Waxlax Shahidul Mannan Chris Howell Norman Khumalo The meeting was called to order by Mike at 6:35 PM. There was no public comment at the meeting. Chris walked us through the changes (see Attachment 1) to the financial model we received at our 3/23/15 meeting versus the one handed out this evening (see Attachment 2). • Keefe Tech - 29 fewer students are enrolled for FY16 and Hopkinton's portion of the budget has been reduced accordingly. • Lake Maspenock Weed Control - The project will begin in FY15 (funding to be provided for by a budget transfer at this ATM). This now represents the ongoing weed control funds needed each year going forward. • Hydrant Rental - Original amount was a placeholder which has now been recalculated to provide the actual number. The total represents the charge to the town by the Water Enterprise Fund for water used by the fire department in the hydrants. There is an amount charged per each fire hydrant in town to come up with the total. • Elmwood Farm Parking Area - This is to move from the operating budget to the Pay-as-you-go capital article. • Dispatch Equipment - The total for this amount has been decreased as the town was able to purchase most of the equipment in FY15. • Transfer to OPEB Trust - The total is reduced to only fund the current year obligation rather than including some of the prior year unfunded amount. • Overlay - The reserve for this has been increased to cover anticipated property tax abatement requests in FY16. • Snow & Ice Supplement - This has been increased to reflect the full amount of the deficit spending for FY15. We noted that this is the third year that this deficit spending has been paid for by Free Cash. It would be good to note how this was paid for before we used Free Cash in case it is not available in future years. • State Aid & Assessments - The new numbers represent the governor's proposal but is still subject to change. • Motor Vehicle Excise - Original amount was level with actual receipts in FY14. State allows town to be within 10% of FY14 actual for budgeting purposes without questioning the amount. The lower number reflects a more conservative estimate for this in FY16 and excess from budget goes to Free Cash. Chris will check with Maureen Dwinnell to see is auto purchases have increased in FY15. • New Growth - John Neas, Elaine Lazarus and Chris met to verify amount forecasted. This new lower amount is based on projects permitted and expected to be completed in FY16. The committee did note that at some point the rapid new growth in town would start to slow and these numbers would likely not be as high in future years. • Bond Premiums - The small increase is the result of refinancing. The committee then discussed the Tax Levy Worksheet (page 1 of attachment 2.) It was noted that the debt exclusion line includes a full year of the library starting in FY17 and a full year of the DPW facility starting in FY18. The amounts for the new school need to be adjusted to reflect the latest estimate and it will likely have its first full year impact in FY19. Chris noted that the town has the ability to bond out 30 years for construction of facilities. Maureen would need to agree with this. Chris will talk to her and investigate savings is we do a 30 year borrowing versus a 20 year borrowing for the DPW. It was noted that the expected life of the facility is 50 years and by having the longer term note, it would spread the cost of the facility more equitably to those taxpayers who would benefit from it in future years. Pam moved and Shahidul seconded to authorize the Town to incur liability and make expenditures in excess of available appropriations for snow and ice removal in accordance with MGL Chapter 44, section 31D in the amount of $400,000. The motion passed by a vote of 5-0. Discussion prior to the vote noted that this is more than what is needed in the articles but allows for anything late coming in to be addressed. At this point the committee started discussing articles and making recommendations. Wayne moved and Pat seconded the Appropriation Committee recommend Article 6, Property Tax Exemption Increase as written in draft warrant articles and motions document. (See Attachment 3 for the draft wording.) The motion passed by a vote of 5-0. Wayne moved and Pat seconded the Appropriation Committee recommend Article 7, Set the Salary of an Elected Official, to fix the salary of the Town Clerk for FY16 at $70,000.00. The motion passed by a vote of 5-0. Wayne moved and Pat seconded the Appropriation Committee recommend Article 11, Transfer to General Stabilization Fund, to transfer from Free Cash $300,000. The motion passed by a vote of 5-0. Discussion prior to the vote noted that this would put us on the path to achieving a 5% of the operating budget (as put forth in the Town of Hopkinton - Financial Management Policies dated May 11, 2012) in the fund in 6 years. Wayne moved and Pat seconded the Appropriation Committee recommend Article 12, Transfer to Other Post Employment Benefits Liability Trust Fund, to transfer from Free Cash $411,118. The motion passed by a vote of 5-0. Discussion prior to the vote noted this represents the FY16 annual contribution only, it does not make up for underfunding in previous years. Wayne moved and Pat seconded the Appropriation Committee recommend Article 14, Pay -As -You -Go Capital Expenses, to transfer from General Fund Free Cash $716,849, to transfer from Sewer Enterprise Fund Retained Earnings $140,000 and to transfer from Water Enterprise Fund Retained Earnings $110,000 for capital purchases and projects as described in the article. (See page 16 of Attachment 2 for specific list of purchases and projects by funding source as noted in this article.) The motion passed by a vote of 5-0. Wayne moved and Shahidul seconded the Appropriation Committee recommend Article 15, Department of Public Works Facility, borrow via Debt Exclusion $14,100,000. The motion passed by a vote of 5-0. Discussion prior to the vote noted we would like to see this bonded over 30 years rather than 20 years to both spread the cost more equitably over the 50 year expected life of the facility and minimize the impact annually to the taxpayer. Wayne moved and Pam seconded the Appropriation Committee recommend Article 16 - Fire Truck Replacement, to borrow $680,000. The motion passed by a vote of 5-0. Wayne moved and Shahidul seconded the Appropriation Committee recommend Article 17 - Purchase of Dump Truck, to borrow $240,000. The motion passed by a vote of 5-0. Wayne moved and Pat seconded the Appropriation Committee recommend Article 18 - Purchase of Water Utility Vehicle , to borrow from the Water Enterprise Fund $87,000. The motion passed by a vote of 5-0. Wayne moved and Shahidul seconded the Appropriation Committee recommend Article 19 - Water Main Replacement - Cedar Street, to borrow from the Water Enterprise Fund $260,000. The motion passed by a vote of 5-0. Wayne moved and Pat seconded the Appropriation Committee recommend Article 20 - Fruit Street Water Facility Engineering - Well Blending, to borrow from the Water Enterprise Fund $100,000. The motion passed by a vote of 5-0. Wayne moved and Shahidul seconded the Appropriation Committee recommend Article 24 - School Safety & Security, to borrow $200,000. The motion passed by a vote of 5-0. Wayne moved and Shahidul seconded the Appropriation Committee recommend Article 25 -Joint Safety and Security Upgrades, to borrow $300,000. The motion failed by a vote of 0-5. Discussion prior to the vote noted that there is not a defined implementation plan over the 4 years of the planned expenditures, there is not independent oversight for what is required (the supporting documentation of recommendations came from an installer), the goal for town security does not appear to be clearly defined, and we have not heard from the town side of this article as to their portion. Wayne moved and Pat seconded the Appropriation Committee recommend Article 26 - Fire Alarm Upgrades - Middle School, to borrow $170,000. The motion passed by a vote of 5-0. Wayne moved and Pat seconded a motion to approve the minutes of our 4/1/2015 meeting. The motion passed by a vote of 4-0-1 with Shahidul abstaining as he was not present at that meeting. Pat moved and Wayne seconded a motion to approve the minutes of our 4/6/2015 meeting. The motion passed by a vote of 5-0. Pat moved and Wayne seconded a motion to approve the minutes of our 4/8/2015 meeting. The motion passed by a vote of 4-0-1 with Shahidul abstaining as he was not present at that meeting. Pat moved and Wayne seconded a motion to approve the minutes of our 4/13/2015 meeting. The motion passed by a vote of 4-0-1 with Shahidul abstaining as he was not present at that meeting. At 9:33 PM Pat moved and Wayne seconded a motion to adjourn. The motion passed unanimously, 5-0. A Uct.c hmr Track Changes BOS Recommendations to Updated Model FY2016 Budget & Levy Impacts Tab Item BOS Update Variance 1 Budget Keefe Tech (571,859 .40) (386,087 .00) 185,772 .40 2 Budget Lake Maspenock Weed Control (60,000 .00) (20,000 .00) 40,000 .00 3 Budget Hydrant rental (270,000 .00) (296,422 .00) (26,422.00) 4 Budget Elmwood Farm Parking Area (40,000 .00) 40,000.00 5 Capital Pay-as-you-go Elmwood Farm Parking Area (40,000 .00) (40,000 .00) 6 Capital Pay-as-yo u-go Disp atch equipment (81,500 .00) (16,250.00) 65,250.00 7 Summary Transfer to OPEB Trust (460,253 .00) (411,118 .00) 49,135 .00 8 Summary Overlay (450,000 .00) (500,000.00) (50,000.00) 9 Summary Snow & Ice Supplement (750,000 .00) (854,565 .38) (104,565.38) 10 State Aid & Assessments State Aid 6,956,482.00 7,052,535.00 96,053.00 11 State Aid & Asse ssments State Assessments (567,696.00) (576,975 .75) (9,279 .75) 12 State Aid 8, Assessments Cherry Sheet Offsets (27,951 .00) (15,284.00) 12,667.00 13 Local Revenues Motor Vehicle Excise 2,667,000.00 2,550,000 .00 (117,000.00) 14 Local Revenues New Growth 1,350,000 .00 1,260,000 .00 (90,000.00) 15 Available Funds Bond Premiums 25,712.96 26,769 .48 1,056.52 52,666 .79 TOWN OF HOPKINTON TAX LEVY WORKSHEET - FIN AL FY2016 FY2016 FY2017 FY2018 FY2019 FY2014 FY2015 B OS REC. UPDATE PROJ PROJ PROJ LEVY LIM IT Prior Year Levy Limit 47,401,640 49,843,333 51,588,956 51,588,956 54,138,680 56,892,147 59,714,451 Prior Year Amended Growth - _ - - Subtotal 47,401,640 49,843,333 51,588,956 51,588,956 54,138,680 56,892,147 59,714,451 2.5% Increase 1,185,041 1,246,083 1,289,724 1,289,724 1,353,467 1,422,304 1,492,861 New Growth 1,256,652 1,749,540 1,350,000 1,260,000 1,400,000 1,400,000 1,400,000 New Growth Adjustment Override (Underride) (1,250,000) LEVY LIMIT 49,843,333 51,588,956 54,228,680 54,138,680 56,892,147 59,714,451 62,607,312 MAXIM UM ALLOWABLE LEVY Debt Exclusions 3,216,161 2,853,533 2,330,992 2,330,992 2,703,613 5,067,164 6,213,099 M AXIMUM ALLOWABLE LEVY 53,059,494 54,442,489 56,559,672 56,469,672 59,595,760 64,781,615 68,820,411 ACTUA L LEVY 50,839,007 54,092,686 56,403,067 56,260,401 59,429,179 63,868,028 67,178,286 EXCESS LEVY CAPACITY 2,220,487 349,803 156,604 209,271 166,580 913,587 1,642,124 Tax Levy % Increase 4. 56% 6.40% 4.27% 4.01% 5.63 % 7.47% 5.18% Tax Levy (net of new growth) 49,582,355 52,343,146 55,053,067 55,000,401 58,029,179 62,468,028 65,778,286 Tax Impact (net of new growth) 1. 98% 2.96% 1. 78% 1.68% 3.14 % 5.11% 2.99 % 4/15/2015 4:42 PM C:\Users\chowell\Desktop\Documents\FY16\Financial m odel\ TOWN OF HOPKINTON FINANCIAL MODEL FINAL FY2016 FY2016 FY2017 FY2018 FY2019 FY2014 FY2015 BOS REC . UPDATE PR OJ PROJ PROJ OPERATING BUDGET SUMMARY: GENERAL GOVERNMENT 2,594,520 3,194,616 3,576,356 3,602,778 3,674,834 3,748,330 3,823,297 PUBLIC SAFETY 4,404,819 4,625,419 5,186,010 5,186,010 5,289,730 5,395,525 5,503,435 EDUCATION-HOPKINTON PUBLIC SCH OOLS 35,585,384 37,332,422 39,143,441 39,143,441 40,709,179 42,337,546 44,031,048 EDUCATION -REGIONAL TECH VOCH SCHOOL 527,192 544,628 571,859 386,087 395,739 405,633 415,773 PUBLIC WORKS 3,748,822 3,996,734 4,160,086 4,080,086 4,161,687 4,244,921 4,329,820 HEALTH AND HUMAN SERVICES 425,371 540,974 602,711 602,711 614,765 627,061 639,602 CULTURE AND RECREATION 373,105 388,572 446,104 446,104 455,026 464,127 473,409 DEBT SERVICE (Excludes CPFd/Enterprise Debt) 5,511,169 5,665,676 4,554,531 4,554,531 4,800,145 7,056,366 8,090,776 DEBT SERVICE (Prior Year - BAN Paydo wns) 249,334 EM PLOY EE BENEFITS, INSURANCE & MISCELLANEOUS 8,757,906 8,881,555 9,052,452 9,052,452 9,324,025 9,603,746 9,891,858 Strategic Initiatives (Curre nt proje cts' future costs) In Budgets In Budgets 680,576 685,606 690,788 COMMUNITY PRESERVATION FUND 326,910 307,300 299,540 299,540 299,540 299,540 299,540 SEWER ENTERPRISE FUND 2,928,089 2,917,512 2,810,782 2,810,782 2,866,998 2,924,337 2,982,824 WATER ENTERPRISE FUND 1,571,447 1,667,399 1,681,931 1,681,931 1,724,267 1,873,808 2,022,861 PARKS & RECREATION ENTERPRISE FUND 581,770 619,113 625,729 625,729 646,993 775,683 903,447 Total 67,585,838 70,681,920 72,711,532 72,472,181 75,643,505 80,442,229 84,098,478 OTHER AMOUNTS TO BE RAISED: Tran sfer to General Stabilization 300,000 300,000 300,000 300,000 300,000 Tran sfer to Capital Stabilization - Tran sfer to OPEB Trust 460,253 411,118 397,954 379,264 368,577 General Fund Capital: Pay-as-you-go 972,399 742,099 716,849 800,000 800,000 800,000 Enterprise Fund Capital: Pay-as-you-go 67,000 250,000 250,000 314,093 311,987 309,880 Community Preservation Projects/Reservations 1,632,630 208,000 407,000 407,000 1,000,000 1,000,000 1,000,000 Snow & Ice Supplemental Budget 750,000 854,565 750,000 750,000 750,000 M isce llaneous Articles 714,600 1,306,144 Amounts Certified Tax Title Purposes 44,250 30,625 30,000 30,000 30,000 30,000 30,000 Unprovided Debt & Interest Charges 90,000 Cherry Shee t Offsets -Res Dir Exp 25,023 28,185 27,951 15,284 15,284 15,284 15,284 Seve re Storm Deficit - Prior Year (Irene FY12; Sandy FY13) 41,755 State & County Charges (incl Tuition Assessments) 563,953 567,696 567,696 576,976 576,976 576,976 576,976 Allowance Abatemen ts & Exemptions (Overlay) 451,125 460,441 450,000 500,000 450,000 450,000 450,000 Supplemental Appropriations 172,408 Other (Utilities interest) 253,811 Total 3,884,147 3,745,898 3,984,999 4,061,792 4,634,307 4,613,510 4,600,717 TOTAL AMOUNT TO BE RAISED 71,469,986 74,427,818 76,696,531 76,533,973 80,277,812 85,055,739 88,699,194 4/15/2015 4:42 PM C:\Users\chowell\Desktop\Documents\FY16\Financial model\Financial Model FY16 v36J TOWN OF HOPKINTO N - FINANCIAL MODEL FINAL FY2016 FY2016 FY2017 FY2018 F Y2019 FY2014 FY2015 BOS REC. UPDATE PROJ PROJ PROJ TOTAL AMOUNT TO BE RAISED 71,469,986 ! 74,427,818 76,696,531 76,533,973 80,277,812 85,055,739 88,699,194 LESS REVENUE/AV AILABLE FUNDS: Local Revenue 3,135,258 3,208,514 3,705,550 3,588,550 3,598,325 3,608,318 3,608,318 State Aid 6,905,724 6,976,043 6,956,482 7,052,535 7,052,535 7,052,535 7,052,535 MSBA School Construction Reimbursement 1,487,086 1,487,086 1,487,086 1,487,086 1,487,086 1,487,086 1,487,086 Free Cash -Appropriations from 962,934 2,174,999 1,502,352 1,502,352 1,100,000 1,100,000 1,100,000 Community Pre servation Fds Debt/Projects/Reservations 2,156,389 515,300 706,540 706,540 1,299,540 1,299,540 1,299,540 Other Available Funds 362,793 296,680 75,276 76,332 166,309 161,931 161,931 Enterprise Rev enue/Enterprise Free Cash 5,620,794 5,676,510 5,860,177 5,860,177 6,144,837 6,478,301 6,811,497 TOTA L REVENUE/AVAILABLE FDS 20,630,979 20,335,132 20,293,463 20,273,573 20,848,632 21,187,712 21,520,908 VARIANCE/TA X LEVY (50,839,007)) (54,092,686) (56,403,067) (56,260,401) (59,429,179) (63,868,028)1 (67,178,286) 4/15/2015 4:42 PM C:\Users\chowell\Desktop\Documents\FY16\Financial model\Financial Model FY16 v36] 3j21 - _ - TOWN OF HOPKINT ON TOWN MANAGER RECOMMENDE D FISCAL YEAR 2016 BUDGET APPROPRIATION APPROPRIATION BOS REC UPDATE $ Cha nge % Change FISCAL 2014 FISCAL 2015 FISCAL 2016 FISCAL 2016 2015-2016 2015-2016 122 SELECTMEN lExpenses 2,000 2,000 2,000 2,000 - 0 .00% TOTAL 122 -SELECT MEN 2,000 2,000 2,000 2,000 • 0.00% 123 TOWN MANAGER Pers onal Ser vices 272,000 293,085 352,917 352,917 59,833 20.41% Expenses 16,400 15,400 15,400 15,400 - 0.00% TOTAL 123 -TOWN MANAGER 288,400 308,485 388,317 388,317 59,833 19 .40 % 131 APPROPRIATION COMMITTEE Expen ses -Appropriati on Committee 500 500 500 500 0.00% (Reserve Fund 125,000 125,000 125,000 125,000 0.00% TOTAL 131 -APPROPRIATION COM MITTEE 125,500 125,500 125,500 125,500 l 0 .00% 133 FINANCE DIRECTOR/ACCO UNTANT Personal Se rvices 209,459 234,859 258,295 258,295 23,436 9.98 % Expenses 36,941 32,300 32,300 32,300 - 0.00 % TOTAL 133 -FINANCE DIRECTOR/ACCOUNTANT 246,399 267,159 290,595 290,595 23,436 8.77% 141 ASSESSO RS Perso nal Services 170,386 182,883 187,480 187,480 4,597 2.51% Expenses 5,041 4,729 8,304 8,304 3,575 75.60% Appraisal Services 8,700 8,700 8,300 8,300 (400) TOTAL 141 -ASSESSOR 184,127 196,312 204,084 204,084 7,772 -4 .80% 3.96% 145 TREASURER/COLLECTOR Perso nal Services 140,098 194,192 283,432 E T 145-TREASURER/COLLECTOR 186,749 258,872 385,912 385,912 107,040 41 .35% 151 LEGALL iLegal Counse l 150,000 150,000 TOTAL 180,000 180,000 30,000 20.00% 151 -LEGAL 150,000 150,000 180,000 180,000 I 30,000 20.00% 152 HUMAN RESOURCES Pe rson al Serv ices 117,296 138,622 155,988 155,988 19,366 14 .17% Co mpensation Reserve 90,000 225,000 245,000 245,000 20,000 8 .89% Expenses 24,550 35,100 52,600 52,600 17,500 49.86% TOTAL 152 -HUMAN RESOURCES 231,848 398,722 453,588 453,588 56,868 14.33% 155 INFORMATION TECHNOLOG Y Personal Services 108,538 141,792 172,683 172,683 30,891 21.79% Expenses 209,106 210,000 431,699 431,899 221,899 105 .67% TOTAL 155 -INFORMAT IO N TECHNOLOGY 317,842 351,792 604,582 604,582 252,790 71 .86% 161 TOWN CLERK Pers onal Se rvices 128,375 113,220 114,531 114,531 1,312 1.16 % Expenses 9,310 14,800 11,340 11,340 (3,480) TOTAL 181 -TOWN CLERK 137,685 128,020 -23.38% 1 125,871 125,871 (2,149) -1 .68% 'Of APPROPRIATION APPROPRIATION BO8REC UPDATE $ Change % Change FISCAL 2014 FISCAL 2015 FISC AL 2016 FISCAL 2016 2015-2016 2015-2016 162 ELECTION & RE GISTRATION Pers onal Services 8,301 14,501 8,301 8,301 (6,200) -42.76 % Expens es 19,100 19,200 19,200 19,200 - 0 .00% T TOTAL 162 -ELECTION & RE GISTRATION 27,401 33,701 27,501 27,501 (6,200) -18.40 % 170 LAND USE Pers onal Services 411,785 430,438 433,800 433,600 3,162 0.73% Expe nses 20,666 15,595 30,235 30,235 14,640 93.88% TOTAL 170 -L AND USE 432,451 446,033 483,835 463,835 17,802 3.99% 177 GREEN COMMITTEE EExpenses 300 300 300 300 - 0.00 % TOTAL 177 -GREEN COMMITTEE 300 300 300 300 - 0.00% I 179 OPEN SPACE COMMITTEE Ex penses 950 950 3,000 3,000 2,050 215 .79% TOTAL 179 -OPEN SPACE C OMMITTEE 950 950 3,000 3,000 2,050 215.79% 187 UPPER CHARLES RIVER TRAIL EExpenses 300 43,000 54,000 54,000 11,000 25.58% TOTAL 187 -UPPER CHARLES RIVER TRAIL 300 43,000 54,000 54,000 11,000 25.58% I 192 TOWN HALL -1 Expenses 8,270 8,270 8,270 8,270 - 0.00% TOTAL 192 -TOWN HALL 8,270 8,270 8,270 8,270 - 0.00% I 194 CABLE COMMITTEE I Expen ses 500 500 500 500 - 0 .00% TOTAL 194 -CA BLE COMM ITT EE 500 500 500 500 - 0 .00% TO T_ HER 199 GENERAL G OVERNMENT Town Reports 3,500 3,500 3,500 3,500 - 0.00 % .Audit 23,000 25,000 25,000 25,000 - 0.00% -100.00% In tegrated Financial M anagement System - 175,000 Mo ved to IT (175,000) Hydrant Ren tal 224,000 270,000 270,000 296,422 28,422 9.79% I Professio nal Services and Training 3,500 3,500 Moved to HR (3,500) -100 .00% TOTAL 199 -OTHER GENERAL GOVERNMENT 254,000 477,000 298,500 324,922 (152,078) -31.88% I. TO TAL GENERAL GOVERNM ENT 2,594,520 3,194,816 3,576,356 3,602,778 408,162 12 .78% PUBLIC SAFETY 210 POLICE Persona l Services 2,120,648 2,221,430 2,094,310 2,094,310 (127,120) -5.72% Expenses 158,508 170,644 181,087 181,087 10,443 6.12% Auxiliary Police Expenses 3,000 3,000 3,000 3,000 - 0.00% TOTAL 210 -POLICE 2,282,158 2,395,074 2,278,396 2,278,396 (1113,677) -4.87% 220 FIRE Personal Services 1,899,458 2,003,423 2,094,133 2,094,133 90,709 4.53% Expense s 139,449 141,520 174,104 174,104 32,584 23.02 % TOTAL 220 -FIRE 2,038,905 2,144,943 2,288,237 2,288,237 123,293 5.75% 235 PUBLIC SA FETY DISPATCH Personal Services 853,335 553,335 553,335 Ex pe nse s 9,850 9,850 9,850 TOTAL 235 -PUBLIC SAFETY DISPATCH 563,185 563,185 563,185 APPROP RIATION APPROPRIATION B OS REC UPDATE $ Change % Change FISC AL 2014 FISCAL 2015 FISC AL 2016 FISCAL 2016 2015-2016 2015.2016 244 SEALER OF WEIGHTS & MEASURES Personal Services 3,036 3,036 3,036 3,036 0 0.02% Expenses 953 953 1,000 1,000 47 4.93% TOTAL 244 -SE ALE R OF WEIGHTS & MEASURES 3,989 3,989 4,036 4,036 47 1.19% 292 IDOG OFFICER Personal Services 21,881 21,881 22,561 22,561 680 3 .11% Expenses 5,356 7,000 7,000 7,000 - 0 .00% Capital Items 2 .35% TOTAL 292 -DOG OFFICER 27,237 28,881 29,561 29,561 680 293 TRAFFIC CONTR OL 'Traffic Lights 19,300 19,300 Mo ved to Public W orks T TOTAL 293 -TRAFFIC CONTROL 19,300 19,300 (19,300) -100.00% I 294 TREE WARDEN P Personal Services 14,354 14,354 M oved to Public W orks Expenses 18,878 18,878 M oved to Public W orks TOTAL 294 -TREE WARDEN 33,232 33,232 (33,232) -100 .00% TO TA L PUBLIC SAFETY 4,404,819 4,625,419 5,186,010 5,188,010 560,691 12.12% EDUCA TION 300 HOPKINTON PUBLIC SCHOOLS LOCAL SCHOOLS 35,585,384 37,332,422 39,143,441 39,143,441 1,811,019 4.85% TOTAL 300-HOPKINTON PUBLIC SCHOO LS 35,585,384 37,332,422 39,143,441 39,143,441 1,811,019 4.85 % 800 REGIONAL TECH. VOCATIONAL SCHOOL REGIONAL TECH. VOCATIONAL SCHOOL 527,192 544,628 571,859 386,087 (158,541) -29.11% TOTAL 800 -REGIONAL TECH. VOCATIONAL SCHOOL 527,192 544,628 571,859 386,087 (158,541) -29.11% I TOTAL EDUCATION 38,112,578 37,877,050 39,715,300 39,529,528 1,852,478 4 .36 % PUBLIC WORKS 410 ENGINEERING & FACILITIES Personal Services 163,747 171,843 178,356 176,358 4,513 2.83 % Ex p 590,522 813,242 655,228 615,228 1,986 0 .32% TOTAL 410 -ENGINEERING & FACILITIES 754,269 785,085 831,584 791,584 6,499 0.8396 420 DEPARTMENT OF PUBLIC WO RKS ADMINISTRATION !Personal Serv ices 373,440 379,130 383,742 383,742 4,612 1.22% TOTAL 420 -DEPARTM ENT OF PUBLIC WORKS 373,440 379,130 383,742 383,742 4,812 1.22% 1 422 HIGHWAY Perso nal Services 688,512 696,864 739,750 739,750 42,888 8.15% Expenses 193,430 308,025 453,200 453,200 145,175 47 .13% S SUB -TOTAL 422-HWY SALARIES & EXPENSES 881,942 1,004,889 1,192,950 1,192,950 188,061 18.71 % Road M ain te nance 167,175 153,175 (153,175) .100 .00 % Stormwater System Improv ements 150,000 150,000 150,000 150,000 - 0.00% Pav ement Management Town Hall Paving 130,000 Lake Maspenock We ed Co ntrol 60,000 20,000 20,000 Sidewalk Maintenance 50,000 50,000 50,000 • 0 .00% TOTA L 422 -HIGHWAY 1,329,117 1,358,084 1,452,950 1,412,950 54,888 4.04% 6�/ APPROPRIATION APPROPRIATI ON BOS REC UPDATE $ Change % Change FISCAL 2014 FISC AL. 2015 FISCAL 2016 FISCAL 2016 2015-2016 2015-2016 423 SNOW & ICE CONTROL Snow & I ce Control 200,000 350,000 350,000 350,000 - 0.00% TOTAL 423 -SN OW & ICE CONTROL 200,000 350,000 350,000 350,000 I - 0.00% 424 STREET LIGHTS Street Lights 53,798 53,798 53,796 53,796 0.00% T TOTAL 424 -STREET LIGHTS 53,796 53,796 53,796 53,798 0.00% 426 TRAFFIC CONTROL Traffic Lights Moved fr om Public Safety 30,000 30,000 TOTAL 428 -TRAFFIC CONTROL 30,000 30,000 30,000 427 TREE WARDEN Personal Service s Moved from P ublic Safety 14,354 14,354 Expenses Moved from Public Safety 25,000 25,000 TOTAL 427 -TREE WARDEN 39,354 39,354 39,354 429 OTHER STORM CONTROL Personal Services 8,000 8,000 8,000 Expenses 10,000 10,000 2,000 2,000 (8,000) -80 .00 " TOTAL 429 -OTHER STORM CONTROL 10,000 10,000 10,000 10,000 - 0.00 % 433 WASTE COLLECTION AND DISPOSAL Recycling Salaries 8,000 8,000 8,000 8,000 - 0.00% Rubbish Collection/Dispo sal 425,000 439,280 439,280 439,280 - 0 .00% Rubbish Disposal 373,000 380,480 328,460 328,460 (52,000) -13 .67% Rec ycling Expense 10,000 10,000 10,000 10,000 RecyclinciCollection/Disposal 200,000 206,720 208,720 206,720 - 0.00% 0.00% Household Haza rdo us Waste Collection 12,000 12,000 12,000 12,000 - 0.00% TOTAL 433 -WASTE COLLECTION AND DISPOSAL 1,028,000 1,058,480 1,004,480 1,004,460 (52,000) -4 .92% 491 C EMETERY COMMISSION Perso na l Services 200 200 200 200 0 .00% Expenses 4,000 4,000 4,000 - 0.00% TOTAL 491 -CEMETERY COMMISSION 200 4,200 4,200 4,200 - 0.00% TOT�UBLI (WORKS 3,748,822 3,998,734 4,180,086 4,080,086 83,351 2.09%, HEALTH & HUMAN SERVICES 510 BO ARD OF HEALTH Persona l Services 83,215 112,244 130,554 130,554 18,310 18.31% Ex pen se s 19,126 51,741 77,785 77,785 26,044 50.34 % Capital hems 188 TOTAL 510 -BOARD OF HEALTH 102,529 163,985 208,339 208,339 44,354 27.05% _ 541 SENIOR CENTER Perso na l Services 195,882 220,493 233,391 233,391 12,899 5 .85% Expense s 24,227 29,355 32,499 32,499 3,144 10.71 % TOTAL 541 -SENIOR CENTER 220,109 249,848 285,891 265,891 18,043 6.42% 542 YOUTH SERVICES Perso nal Se rvices 40,472 66,002 66,002 66,002 0.00% Expen ses 8,000 6,000 8,001 6,001 1 0.01% TOTAL 542 -Y OUTH SERVICES 48,472 72,002 72,002 72,002 1 0.00% 543 VETERANS SERVIC ES Vetera ns Distric t As sessment 21,939 21,939 23,229 23,229 1,290 5.88% 7/ 4 APPROPRIATION APPROPRIATION BOS REC UPDATE $ Change % Change FISCAL 2014 FISC AL 2015 FISCAL 2016 FISCAL 2016 2015-2016 2015-2016 Veterans Service Benefits 34,321 32,000 32,000 32,000 - 0.00% Veterans Supplies - 1,200 1,250 1,250 50 4.17 % TOTAL 543 -VETERANS SERVICES 56,260 55,139 58,479 56,479 I 1,340 2.43% TOTAL HEALTH & HUMAN SERVICES 425,371 540,974 602,711 602,711 61,738 11.41% I I CULTURE & RECREATION 610 LIBRARY Pers onal Services 322,993 327,460 350,192 350,192 22,732 6.94% Expenses 31,562 32,582 32,362 32,362 (200) -0.61% TOTAL 810 -LIBRARY 354,555 360,022 382,554 382,554 22,532 6 .28% 691 HISTORIC COMMISSION 'Historic Commission Expense 1,000 1,000 11,000 11,000 10,000 1000.00% TOTAL 691 -HISTORIC COMMISSION 1,000 1,000 11,000 11,000 10,000 1000.00% 892 CELEBRATIONS Memo rial Day 2,000 2,000 2,000 2,000 0.00% TOTAL 692 -CELEBRATIONS 2,000 2,000 2,000 2,000 - 0.00% 893 300TH ANNIVERSARY CO MMITTEE 300TH ANN IVERSARY 15,000 25,000 50,000 50,000 25,000 100 .00% TOTAL 693 -300TH ANNIVERSARY COMMITTEE 15,000 25,000 50,000 50,000 25,000 100 .00% 695 HISTORIC DISTRICT COM MISSION Historic District Commission Expe nse s 550 550 550 550 0.00% TOTAL 695 -HISTOR IC DISTRICT COMM ISSION 550 550 550 550 - 0.00 % TOTAL CULTURE & RECREATION 373,105 388,572 446,104 448,104 57,532 14.81% DEBT SERVICE 700 DEBT AND INTEREST Retire ment of Debt 4,530,492 4,249,731 3,890,978 3,890,978 (358,753) -8.44% Lon Ten n Interest 959,119 787,945 843,553 643,553 144,392) -18.33% Sho rt Tenn Interest 21,558 15,000 20,000 20,000 5,000 33 .33% Estimate for Autho rized/Unissued 613,000 613,000 -100.00% T TO TAL 700 -DEBT SERVICE 5,511,169 5,685,676 4,554,531 4,554,531 (1,111,145) -19.61% TOTAL DEBT SERVICE 5,511,169 5,665,678 4,554,531 4,554,531 ( (1,111,1451 -19 .81 % EMPLOYEE BENEFITS, GENERAL INSURANCE & M ISCELLANEOUS 910 EMPLOYEE BENEFITS, INSURANCE & MISCELLANEOUS Une mplo yment Insurance 145,000 145,000 145,000 145,000 0.00% FICA 530,000 530,000 530,000 530,000 - 0.00 % Life Insurance Premiums 3,000 10,000 10,000 10,000 0 .00 % He alth In su rance Premium 5,963,293 5,963,293 8,210,708 6,210,708 247,415 4.15% Middlesex County Assessment 1,705,813 1,812,062 1,728,744 1,728 ,744 (83,318) Drug and Alcohol Testing 3,000 3,000 3,000 3,000 -4.80 % 0 .00 % Blan ke t In su rance Premiums 408,000 418,200 425,000 425,000 6,800 1.63 % TOTAL 910 -EMPLOY EE BENEFITS, GEN INS & MISC 8,757,906 8,881,555 9,052,452 9,052,452 170,897 1.92 % TOTAL GENERAL FUND 61,928,288 65,170,598 67,293,550 67,054,200 1,883,604 2.89% Uzi APPROPRIATION APPROPRIATION BOS REC UPDATE $ Change % Chang e 2015-2018 FISCAL 2014 FISCAL 2015 FISCAL 2016 FISCAL 2016 2015-2016 CO MMUNITY PRESERVATION FUND 193 CPA ADMINISTRAT NE EXPENSES Pers onal Services 10,000 10,000 10,440 10,440 440 4.40% TOTAL Expenses 193-CPA ADMINISTRATNE 30,000 45,000 45,000 45,000 0 .00 % EXPENSES 40,000 55,000 55,440 55,440 440 0.80% 700 CPA -DEBT SERVIC E Retirement of Debt 237,000 210,000 210,000 210,000 0.00% L Lon g Te rm Interest 49,910 42,300 34,100 34,100 (8,200) •19.39 % TOTAL 700 -CPA DEBT 286,910 252,300 244,100 244,100 (8,200) -3.25% TOTAL COMMUNITY PRESERVATION FUND 326,910 307,300 299,540 299,540 (7,760) -2 .53% APPR OPRIATION APPROPRIATION SOS REC UPD ATE S Change % Change 2015-2016 FISCAL 2014 FISCAL 2015 FISCAL 2016 FISCAL 2016 2015-2016 SEWER ENTERPRISE FUND 440 SEWER OPERATING BUDGET Personal Se rvices 144,823 145,725 151,299 181,299 35,574 24.41% Expenses 1,044,550 848,550 853,655 853,655 5,105 0 .60% TOTAL SEWER OPER ATING BUDGET 1,189,373 994,275 1,034,954 1,034,954 40,679 4.09 % 700 SEWER DEBT Interest on Short Term Debt - 10,000 (10,000) -100 .00 % I Interest on Long Term Debt 418,573 489,095 317,922 317,922 (151,173) -32 .23 % Sewer Maturing Principal 1,314,143 1,373,142 1,449,906 1,449,906 76,784 5 .59% Repayment to Genera l Fund Administrative Costs 8,000 8,000 8,000 8,000 - 0.00% Estimate for Authorized/Unissued 63,000 TOTAL 700 -SEWER DEBT 1,738,718 1,923,237 1,775,828 1,775,828 (83,000) -100.00% (147,409) -7.66% SUB -TOTAL SEWER ENTERPRISE FUND 2,928,089 2,917,512 2,810,782 2,810,782 (106,730) -3 .86% Indirect costs appropriated in the General Fund and allocated to the Sewer Enterprise Fund 250,451 250,451 260,076 280,076 9,625 3 .84% TOTAL SEWER ENTERPRISE FUND 3,178,540 3,167,983 3,070,857 3,070,857 (97,105) -3.07% 1 1 APPROPRIATION APPROPRIATION BOS REC UPDATE $ Change % Change FISCAL 2014 FISCAL 2015 _ FISCAL 2016 FISCAL 2016 2015-2016 2015.2016 WATER ENTERPRISE FUND 450 WATER O PERATING BUDGET Personal Services 303,865 307,924 350,808 350,808 42,884 13 .93% Expenses 623,500 623,500 649,150 649,150 25,650 4 .11% TO TAL450- WATER OPERATING BUDGET 927,365 931,424 999,958 999,958 68,534 7 .36% 700 WATER DEBT Interest on Short Term Debt 10,000 (10,000) -100.00 % -1.61% Interest on Long Term Debt 117,949 112,242 110,434 110,434 (1,808) Water Maturing Principal 454,533 419,333 497,539 497,539 78,206 18.65% Administrative Costs 1,600 2,000 2,000 2,000 - 0 .00% Ashland Obligation 70,000 72,000 72,000 72,000 - 0 .00% Estimate for Autho rized/Unissued 120,400 (120,400) -100 .00% (TOTAL 700 -WATER DEBT 844,082 735,975 681,973 881,973 (54,002) -7.34% SUB -TOTAL WATER ENTERPRISE FUND 1,571,447 1,667,399 1,881,931 1,681,931 14,532 0 .87% Indire ct costs appro priated in the General Fund an d allocated to the Water Enterprise Fund 314,415 314,415 324,040 324,040 9,625 3.06% TOTAL WATER ENTERPRISE FUND 1,885,882 1,981,814 2,005,971 2,005,971 24,157 1 .22% / Of j i APPROPRIATION APPR OPRIATION BOS REC UPDATE $ Change %Change FISC AL 2014 FISCAL 2015 FISCAL 2016 FISCAL 2016 2015.2016 2015.2016 PARKS & RECREATION ENTERPRISE FUND 630 PARKS & RECREA TION OPERATING BUDGET Perso nal Serv ices 179,210 187,663 195,679 195,679 8,016 4.27% Expense s 355,800 387,800 387,800 387,800 0.00% TOTAL 630 -PARKS & RECREATION 535,010 575,463 583,479 583,479 8,018 1.39% 700 PARKS & RECREATION DEBT SERVICE In terest on Short Term De bt Interest on Lo ng Tenn Debt 9,760 8,650 7,250 7,250 (1,400) Parks & Recreation Maturing Principal 37,000 35,000 35,000 35,000 -16.18% 0.00 % T TOTAL 700 -PARKS & RECREATION DEBT 46,760 43,650 42,250 42,250 (1,400) •3.21 % SUB -TOTAL PARKS I & RECREATION ENTERPRISE FUND 581,770 619,113 825,729 625,729 6,616 1 .07 % Indirect co sts appropria ted in the Genera l Fun d and allocated to the Parks & Recreation Enterprise F 27,620 27,620 27,820 27,620 - 0.00% TO TAL PARKS & RECREAT ION ENTERPRISE FUND 809,390 646,733 653,349 653,349 6,616 1 .02% i36 APPROPRIATION APPR OPRIATI ON BOS REC UPDATE $ Ch ange % Change 2015-2016 APPROPRIATION FISCAL 2014 FISCAL2015 FISCAL2016 f FISCAL2016 2015-2016 SUMMARY GENERAL GOVERNMENT 2,594,520 3,194,616 3,578,356 3,802,778 408,182 12.78% PUBLIC SAFETY 4,404,819 4,625,419 5,188,010 5,188,010 560,591 12.12% EDUCATION-HO PKINTON PUBLIC SCHOOLS 35,585,384 37,332,422 39,143,441 39,143,441 1,811,019 4.85% EDUCATION -REGIONAL TECH VOCH SCHOOL 527,192 544,628 571,859 388,087 (158,541) -29 .11% PUBLIC WORKS 3,748,822 3 ,998,734 4,160,086 4,080,086 83,351 2 .09% HEALTH AND HUMAN SERVICES 425,371 540,974 802,711 602,711 81,738 11.41% CULTURE & RECREATION 373,105 388,572 448,104 446,104 57,532 14.81% DEBT SERVICE 5,511,169 5,665,676 4,554,531 4,554,531 (1,111,145) -19.61% E EMPLOYEE BENEFITS, INSURANCE & MISCELLJ 8,757,906 8,881,555 9,052,452 9,052,452 170,897 1.92% COMMUNITY PRESERVATION FUND 328,910 307,300 299,540 299,540 (7,760) •2 .53 % SEWER ENTERPRISE FUND 2,928,089 2,917,512 2,810,782 2,810,782 (106,730) -3.68% WATER ENTERPRISE FUND 1,571,447 1,887,399 1,681,931 1,681,931 14,532 0.87% PARKS & RE CREATION ENTERPRISE FUND 581,770 619,113 625,729 625,729 6,616 1 .07 % TO TAL OPERATING BUDGET 67,338,504 70,881,920 72,711,532 72,472,181 1,790,261 2 .53% Tow n Hopkint on of Strategic Initiati ves Department FY2016 FY2016 FY2018 FY2017 Town M anager Strategic Initiative REQUEST BOS REC . UPD ATE PROJ Assist ant Town Manager - Add Position 120,000.00 60,000 .00 60,000.00 120,000.00 Benefits ' 42,000.00 43,260 .00 G Grant Writer -Add Position 65,000.00 - Historical Commission Benefits * 22,750.00 - - Cultural Resources Master Plan 10,000.00 10,000 .00 10,000.00 Huma n Resources Employee trainings 14,000.00 14,000.00 Human Re source s Meetings Pending Discussion 14,000 .00 14,000.00 Techn ology Technology Network/ServerAudit, 400.00 Monitoring and Support 15,000 .00 15,000 .00 15,000.00 15,000 .00 Town Clerk Dispatch software 6,800.00 6,800 .00 6,800.00 6,800 .00 Administrative Assistant Position 40,000 .00 Police Benefits' 14,000.00 Lieutenant position: Salary 110,000.00 55,000.00 55,000.00 110,000 .00 Benefits` 38,500.00 19,250 .00 19,250 .00 39,655 .00 IT Police Periphe ral costs 10,000.00 10,000 .00 10,000.00 Cross Match ID Software 10,000 .00 10,000 .00 10,000.00 Dispatch Fire Personne l 37,584.00 37,584 .00 37,584.00 Personnel FTE Pos itions 120,121.72 120,121.72 Fire Benefits* 42,042.60 43,303 .88 Fire New FTE Equipmen t 12,831 .00 12,831.00 12,831 .00 12,831.00 Fire Overtime 15,945 .97 Public Works Perso nnel Training 19,752.97 19,752 .97 19,752.97 Project Inspector/Environmental Compliance Manager 60,000 .00 60,000 .00 Benefits* 21,000.00 21,630.00 Public Works Cost a voidance projected (70,000 .00) - - (70,000.00) Water/Sewer Operations Manage r from Enterprise 55,000 .00 55,000.00 55,000.00 55,000 .00 Public Works Benefits* from Enterprise (added to dir/ind costs) 19,250 .00 19,250.00 19,250.00 19,827 .50 Public Works Lake Maspenock Weed Control 60,000 .00 60,000 .00 20,000 .00 20,000.00 (Traffic Public Works lights 10,700.00 10,700 .00 10,700.00 Public Works Cemetery tree remo val 6,523 .00 6,523 .00 6,523 .00 6,523 .00 Senior Center Road line painting 21,000 .00 - - Reception ist - Part time 13,389.30 - Senior Center Kitchen Manager/Cook 23,490 .00 - Senior Center Beneflts` 8,221 .50 Senior Center Increase in hours for Volunteer Coordinator 5,794 .20 Senior Center Assistant Directors increase in hours 11,055.96 11,055.96 11,055 .96 11,055.96 Volunteer Coordinator Increase hours 5,794 .20 Senior Center Senior Center Van Driver additional funding 2,000.00 2,000 .00 2,000.00 2,000 .00 Senior Center Programming/Healthy Co oking 2,500.00 2,500 .00 2,500.00 2,500 .00 Libra ry Conferences 1,600.00 Library Information Services to Patron (Sa turdays) 2,568.00 2,568.00 2,568 .00 2,568.00 Parks & Recreation Young Adu lt Librarian. Part-time 24,500. 00 12,500.00 12,500.00 24,500.00 Historic Personnel Expe nses 8,000.00 - c ommission Building repairs- - * Benefits include d 1,059,114.42 452,314.93 412,314.93 680,576.06 not in department requests. Projected 35% base Enterprise Fun ds 74,250.00 74,250.00 74,827.50 at wages, increasing 3% an nually. G General Fund 526,564.93 486,564.93 755,403 .56 r FY2018 PROJ 120,000 .00 FY2019 PROJ 120,000.00 44,557 .80 45,894 .53 14,000.00 14,000.00 15,000.00 6,800.00 15,000.00 6,800.00 110,000 .00 40,844 .65 110,000 .00 42,089 .99 120,121 .72 44,603.00 12,831.00 120,121.72 45,941 .09 12,831.00 60,000 .00 22,278 .90 (70,000 .00) 55,000.00 20,422 .33 20,000 .00 60,000 .00 22,947 .27 (70,000.00) 55,000.00 21,034 .99 20,000.00 6,523.00 6,523.00 11,055 .96 11,055.96 2,000.00 2,500.00 2,000.00 2,500.00 2,568 .00 24,500 .00 2,568.00 24,500 .00 685,606.35 75,422.33 761,028.68 690,787.55 76,034.99 766,82155 Town H opkinton of Strategic Initiatives Department FY2016 FY2016 FY2016 FY2017 FY2018 School Department Strategic Initiative REQUEST BOS REC . UPDATE PROJ PROJ Payr oll: Pr oposed Staff Additions 701,696.00 701,696 .00 701,698 .00 C ost of Athletic Coaches 19,755.00 19,755 .00 19,755.00 Savings from proposed staff reductions (314,020.00) (314,020 .00) (314,020 .00) Discretionary Payroll Cost Increase 407,431.00 407,431.00 407,431.00 Expenses: Technology 74,649 .00 74,849 .00 74,649.00 Central Office Curriculum (40 ,124 .00) (40,124.00) (40,124.00) Professional Development 19,424.00 19,424.00 19,424.00 Athletics Building & Grounds (62,750.00) (62,750.00) (62,750 .00) Occupation Day Tuition SPED Regular Education (31,011.00) (31,011.00) (31,011.00) Dis cretionary Expense Cost Increase (39,812.00) (39,812.001 (39,812.00) Total Discretionary Cost Changes 367,619.00 367,619.00 387,619.00 To tal Town & Schoo l Initiatives 1,426,733 .42 819,933.93 779,933.93 680,576.06 685,606 .35 FY2019 PROJ 690,787 .55 / 54/ To wn of Hopkinton Capital Expen ditu res Pay-as -you-go Capital FINAL FY18 FY16 FY16 PROJ PR OJ PROJ Project Dept FISCAL 2015 REQUESTED BOS REC . UPDATE FISCAL 2017 FISCAL 2018 FISCAL GENERAL FUND 800,000.00 800,000 .00 2019 800,000 .00 Portable Radios Cruiser Replaceme nts Police 49,500 .00 49,500.00 49,500.00 4 Police 117,000.00 78,000.00 78,000 .00 Car Replacement Cardiac Monitor Fire 52,900.00 Replacement Fire 28,099.00 28,099.00 28,099 .00 Public Safety Dispatch Equipment HHS Fire 81,500.00 81,500 .00 16,250 .00 Basketball and Tennis Courts Resurfacing School 70,000 .00 - Police Station Parking Lot Ex pansion LED Streetlight Engineering 75,000.00 75,000 .00 75,000.00 Conversion Engineering 175,000 ,00 175,000 .00 175,000.00 Elmwood Farm Parking Area Engineering 40,000.00 Snow Dump Cleanup Pickup Public Works 140,000.00 _ 140,000 .00 140,000.00 Truck Replacement _ Loader Mounted Public Works 58,000 .00 Snow Blowe r Public Works 115,000 .00 115,000.00 115,000.00 SUBTOTAL 972,399.00 981,999.00 742,099.00 716,849.00 800,000 .00 800,000 .00 800,000.00 SEWER ENTERPRISE FUND Sewer System Capacity & Business An alysis Public Works 140,000 ,00 140,000.00 140,000.00 SUBTOTAL - 140,000 .00 140,000.00 140,000 .00 - WA TER - ENTERPRISE FUND Fruit St Aquifer Analysis Public Wo rks 75,000.00 75,000 .00 75,000 .00 Whitehall Wells Test Installation Public Works 35,000.00 35,000.00 35,000.00 SUBTOTAL 110,000.00 110,000.00 110,000.00 - - - 4/15/20154:42 PM C:\Users\chowell\Deskto p\Documents\FY16\Financial model\Financial Model FY16 v36 /6/2, Town of Hopkinton Ca pital Expenditures Proposed to be paid by b orrowi ng Dept GENERA L FUND Public Works School Fire To wn & School Public Works Town & School School School Project DPW Facility* HHS & Hopkins Roof Repairs * Res cue 1 Replacement Town -wide Security Upgrades 10 Wheel Dump Truck Joint To wn/Scho ol Technology School Safety & Sec urity HMS Fire Alarm Syste m SUBTOTAL WATER ENTERPRISE FUND Public Works Cedar St Water M ain Repla cement Public Works Public Works Public Works Fruit St Well Blending Facility Engineering Pickup Truck Grove St Water Tank Replace ment Eng. SUBTOTAL PARKS & RECREATION ENTERPRISE FUND Parks & Rec Fruit St Auxiliary Facility SUBTOTAL School Elementary Schoo l* * M odeled as debt exclusion. Principal Borrowing 14,100,000 1,114,000 680,000 300,000 240,000 200,000 200,000 170,000 17,004,000 Pr ojected Principal & Interest Payments FY2017 FY2018 FY2019 PROJ PR OJ PROJ FY2020 PROJ FY2021 PR OJ TOTAL 2017-2021 352,500 1,392,375 1,357,125 1,321,875 1,286,625 5,710,500 22,280 153,732 149,276 144,820 140,364 610,472 11,900 157,420 152,660 147,900 143,140 613,020 5,250 69,450 67,350 65,250 63,150 270,450 4,200 55,560 53,880 52,200 50,520 216,360 3,500 46,300 44,900 43,500 42,100 180,300 3,500 46,300 44,900 43,500 42,100 180,300 2,975 39,355 38,165 36,975 35,785 153,255 406,105 1,960,492 1,908,256 1,856,020 1,803,784 7,934,657 260,000 4,550 60,190 58,370 56,550 54,730 234,390 100,000 1,750 23,150 22,450 21,750 21,050 90,150 87,000 1,523 20,141 19,532 18,923 18,314 78,431 50,000 875 11,575 11,225 10,875 10,525 45,075 497,000 8,698 115,056 111,577 108,098 104,619 448,046 500,000 500,000 18,001,000 19,000,000 8,750 115,750 112,250 108,750 105,250 450,750 8,750 115,750 112,250 108,750 105,250 450,750 423,553 2,191,298 2,132,083 2,072,868 2,013,653 8,833,453 0 495,000 1,955,250 1,905,750 1,856,250 1,806,750 4/15/20154:42 PM Financial Model FY16 v36C:\Users\chowell\Desktop\Documents\FY16\Financial model\Financial Model FY16 v36 Town of Hopkinton Other amounts to be raised FY2015: Prior years hydrant rental owed to water enterprise Unpaid bills of a prior year Cook and Company Pete's Tire Barn Stuart Dean Co. , Inc. Wex Bank Zee Medical FY2016: Allowance for abatements and exemptions (Overlay) Amounts certified for tax title purposes Snow & Ice supplemental budget 167,360.00 1,620.00 396.00 850.00 1,870.80 310.80 172,407.60 500,000.00 30,000.00 854, 565.38 1,384,565 .38 Town of Hopkinton State Aid and Ass essments FY2014 FY2015 FY2016 FY2016 FY2017 FY2018 FY2019 STATE AID Actual Actual Level Gov. Pr ojected Projected Projected Educ ation Programs: Chapter 70 5,789,203 5,873,878 5,873,878 5,943,658 5,943,658 5,943,658 5,943,658 Cha rter Tuition Assessment Reimbursement 47,709 30,764 30,764 21,706 21,706 21,706 21,706 Edu catio n Offset Items School Lunch 14,152 12,617 12,617 - Sub -Total, All Education Programs 5,851,064 5,917,259 5,917,259 5,965,364 5,965,364 5,965,364 5,965,364 Gene ral G ove rnment Programs: Unre stricted Gene ral Government Aid Ve terans Benefits Exe mptions: Veterans, Blind Persons, Surviving Spouses & Elderly State Owned Land Ge neral Go vernment Offset Item Public Libraries Sub -Total, All Genera l Government To ta l Estimated Receipts 680,140 680,143 680,143 724,166 724,166 724,166 724,166 25,227 18,808 18,808 20,450 20,450 20,450 20,450 28,881 27,958 27,958 30,291 30,291 30,291 30,291 309,541 296,980 296,980 296,980 296,980 296,980 296,980 10,871 15,334 15,334 15,284 15,284 15,284 15,284 1,054,660 1,039,223 1,039,223 1,087,171 1,087,171 1,087,171 1,087,171 6,905,724 6,956,482 6,956,482 7,052,535 7,052,535 7,052,535 7,052,535 ., 2014 FY2015 FY2016 FY2016 FY2017 FY2018 FY2019 STATE A SSESSMENTS Actual Actual Level Gov. Projected Projected Pr ojected Mosquito Control 69,982 70,946 70,946 68,273 68,273 68,273 68,273 Air Pollution 5,573 5,625 5,625 5,917 5,917 5,917 5,917 Me tropolitan Area Planning Council 4,819 7,739 7,739 7,876 7,876 7,876 7,876 RMV Non Renewal 11,280 11,080 11,080 11,080 11,080 11,080 11,080 M BTA 88,267 90,372 90,372 93,303 93,303 93,303 93,303 Regional Transit 9,510 10,575 10,575 11,057 11,057 11,057 11,057 Spe cial Education 8,269 - Scho ol Choice Sending Tuition 87,662 103,882 103,882 69,483 69,483 69,483 69,483 Charter School Sending Tuition 278,591 267,477 267,477 309,987 309,987 309,987 309,987 Total 563,953 567,696 567,696 576,976 576,976 576,976 576,976 FY2016 FY2016 Level Go v. Variance - Aid - 96,053 Variance - Assmts (9,280) Variance - Net - 86,773 Net Total 6,388,786 6,475,559 /p/ Town of Hopkinton Local Revenue Workshee t Fiscal 2014 Fiscal 2014 Fisc al 2015 Fiscal 2016 Fiscal 2017 Fiscal 2018 Fiscal 2019 Fis cal 2020 Motor Vehicle Excise Proj Act ual Pr oj Pr oj Pr oj Proj Proj Pr oj 2,286,665.96 2,667,590 .57 2,365,463 .69 2,550,000 .00 2,550,000.00 2,550,000.00 2,550,000.00 2,550,000 .00 Pen & Int on Taxes & Excises 91,400.00 214,943 .70 97,500.00 183,000.00 187,575.00 192,264.38 197,070.98 201,997.76 Payme nts in Lieu of Taxes 4,700. 00 134,464 .22 150,000 .00 260,000.00 265,200 .00 270,504.00 275,914.08 281,432 .36 Other Cha rges for Services 48,000.00 Fees 131,600.00 328,595.92 268,500.00 268,500 .00 268,500 .00 268,500 .00 268,500.00 268,500.00 Other Departmental Revenue 23,350. 00 11,812.47 10,800.00 10,800 .00 10,800 .00 10,800.00 10,800 .00 10,800 .00 Licenses and Permits 297,000. 00 111,790. 30 110,000 .00 110,000.00 110,000.00 110,000 .00 110,000.00 110,000.00 Fines and Forfeits 123,000.00 6,460. 00 7,000 .00 7,000.00 7,000 .00 7,000 .00 7,000.00 7,000.00 Investment Income 40,000.00 27,666.66 27,000.00 27,000 .00 27,000.00 27,000 .00 27,000.00 27,000.00 Medicaid re imbursement - 19,049.09 17,250.00 17,250 .00 17,250.00 17,260.00 _ 17,250 .00 17,250 .00 Misc. Recurring - 244,947.67 155,000.00 155,000 .00 155,000.00 155,000.00 155,000.00 155,000.00 Misc Non -recurring 89,542.00 17,010. 32 - - _ - 3,135,257. 96 3,784,330.92 3,208,513.69 3,588,550.00 3,598,325.00 3,608,318.38 3,618,535.06 3,628,980.12 4/15/2015 4:42 PM C:\Users\chowell\Desktop\Documents\FY16\Financial model\Financial Model FY16 v36 Z0/ To wn of Hopkinton _ Other Available Funds PROJ PROJ PROJ PROJ PR OJ FISCAL 2015 FISCAL 2016 FISCAL 2017 FISCAL 2018 FISCAL 2019 Appropriation Transfers 82,244 .14 - - Premiums on Bonds 36,695.21 26,769.48 21,225 .25 16,746.22 12,368.41 Overlay Surplus 128,000.00 - 100,000.00 100,000.00 100,000.00 Title V (1) 9,998 .00 9,820 .00 9,820 .00 9,820.00 9,820 .00 Title V (2) 9,243 .00 9,243.00 9,243.00 9,243.00 9,243.00 Title V (3) 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 Title V (4) 10,000 .00 10,000.00 10,000.00 10,000.00 10,000 .00 Perpetual Care to DPW for Ce meteries TBD - Ambulance Receipts Reserved for Amb Debt 10,000.00 10,000.00 10,000.00 10,000 .00 10,000 .00 Sealer Receipts 500.00 500.00 500 .00 500.00 500.00 Total Other Available Funds 296,680.35 76,332.48 170,788.25 166,309.22 161,931.41 4/15/2015 4:42 PM C:\Users\chowell\Desktop\Documents\FY16\Financial model\Financial Model FY16 v36 1/721 ilIadimeta- 3 Required Recommendation: Appropriation Committee - none Motion (Appropriation Committee): We move that . Transfer $5,047.60 (FIVE THOUSAND, FORTY-SEVEN DOLLARS AND SIXTY CENTS) for bills of a prior fiscal year: Cook and Company, $1,620.00 Pete's Tire Barns, $396.00 Stuart Dean Co., Inc., $850.00 Wex Bank, $1,870.80 Zee Medical, $310.80 Vote Needed: Four -Fifths Majority. FINANCIAL - FISCAL YEAR 2016 ARTICLE 6: Property Tax Exemption Increase Sponsor: Board of Assessors To see if the Town will vote to accept the provisions of Section 4 of Chapter 73 of the Acts of 1986, as amended by Chapter 126 of the Acts of 1988, to provide an additional real estate tax exemption in the fiscal year beginning July 1, 2015, for those qualifying for an exemption under Chapter 59, Section 5, clauses 17D, 22, 22A, 22B, 22C, 22D, 22E, 37A, 41C, 42 or 43 of the Massachusetts General Laws. Pass any vote or take any act relative thereto. Required Recommendation: Appropriation Committee recommends Motion (Appropriation Committee): We move that the Town vote to accept the provisions of Chapter 73, Section 4 of the Acts of 1986, as amended by Chapter 126 of the Acts of 1988, to provide for an additional real estate tax exemption of seventy five percent in the fiscal year beginning July 1, 2014, for those qualifying for an exemption under Chapter 59, Section 5, clauses 17D, 22, 22A, 22B, 22C, 22D, 22E, 37A, 41C, 42, or 43 of the Massachusetts General Laws. Vote Needed: Simple Majority ARTICLE 7: Set the Salary of Elected Officials Sponsor: Personnel Committee To see if the Town will vote to fix the salary or compensation of all of the elected officials of the Town in accordance with Chapter 41, Section 108, of the Massachusetts General Laws. Pass any vote or take any act relative thereto. Required Recommendation: Appropriation Committee recommends Board of Selectmen Chairman Todd A. Cestari Initial Warrant May 4, 2015 Page 6 Traci dated 0114115