Special Appropriation Request Passed by Board of Selectmen

The Board of Selectmen on Thursday approved a special appropriation of $500,000 to establish and fund a reserve fund to smooth the increase in debt service payments over three years.  The board took this action after the special Town Meeting failed to garner a quorum of voters.

The Special Appropriation was passed after reverting back to the Board of Selectmen.  The Board was able to determine this action when there was no quorum. (In order for there to have been a quorum, 75 people needed to appear at the meeting to vote.)  

The allocation used money that was already in the budget. The purpose is to lessen the impact of bond issues.

First Selectman Fillmore McPherson commented, “This was a win-win proposition.  This represents money taxpayers have already paid that we have not needed for emergencies.  It is  great opportunity to give that money back to the taxpayers.”

McPherson was prepared to make a presentation on the decision, though it was not necessary as fewer than 75 people were in attendance.