1/12 Budget

Post date: Jul 09, 2020 4:55:25 PM

In trying to get a few more things off the pending list, we've put together 1/12 budgets for August & September. Recall from our previous exercises in late June, that these are based more on a mathematically expectation of 1/12 of previous year's total appropriation rather than having a precision estimate of department by department spending. We made a few general revisions based on original estimates for August needs and adjusted for some seasonal work underway in Water, Sewer departments as well as adjusted school payments to Mt Greylock and McCann so that there is sufficient authorization to pay them (with a small cushion to absorb an increase in local assessment if their state aid revenues decline).