While most of us are focused on Holiday preparations, our town officials are working hard to prepare budgets for Fiscal Year 2011 which begins on July 1, 2010.
The Finance Committee stated earlier in October that it anticipates balancing the budget within the constraints of Proposition 2 ½ and therefore does not plan to seek an operating override for the FY11 budget. To see the complete budget guideline presentation visit the town website listed below.
How will they balance the budget?
-Expense reductions of $1.7 million.
-Revenue enhancements (e.g. local option meals tax).
-Use of free cash.
What does this mean for each of us?
This will affect each of us as there will be reduced staff in the schools and the town. Departments and boards are working hard to make reductions with the least impact on services and they will present budgets in the new year.
Be part of the process, share your thoughts with officials. Visit the town website for meeting dates, agendas and contact information:
www.wayland.ma.us
Happy Holidays!
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