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TR-89-3 c.p13��q Corrected Copy - dune 2, 1989 001 ���., RK9OUMON W. M-89- 3 P.K- VA& 6I s-f S 2 A Resolution Adopting the Proposed Annual Ope i4lm , Gh 3 s ! 003 and Capital Budgets for Fiscal Year 1990 t004 WHEREAS, Under the provisions of Chapter 44, Section 32 of the 005 Massachusetts General Laws and Section 5-1 of Article 5 of the Town Charter 006 of the Town of Agawam, a proposed annual budget was submitted on May 1, 007 1989; and, 008 WHEREAS, Under the provisions of Section 5-2 (a) of Article 5 of ' 009 the Town Charter, a public hearing on the proposed budget was held on 010 June 5, 1989, notice thereof having been published in one issue of The Oil Agawam Advertiser/News, a newspaper published and of general circulation ' 012 in the Town more than fourteen days before such hearing; and, 013 WHEREAS, All necessary changes have been made as to revenue o14 estimates and appropriation items, r015 NOW, THEREFORE, BE IT RESOLVED BY THE 'TOWN COUNCIL OF THE o16 TOWN OF AGAWAM, MASSACHUSETTS ' 017 1. That pursuant to the provisions of Article 5 of the Town 018 Charter of the Town of Agawam, the budget for the fiscal year beginning 019 July 1, 1989, a copy of which is hereto attached and made part of this 020 resolution as fully as if set forth verbatim herein, is hereby adopted, 021 and the several sums therein set forth to be raised by the levy of a jmh02Z tax upon all taxable property within the corporate limits of the Town of r23 Agawam, Massachusetts, all other funds and receipts are hereby appropriated o24 for the several purposes therein stated. 025 2. There is hereby appropriated in the Line Item - Contributory o26 Retirement Account an appropriation to the credit of the Hampden County 027 Retirement Board to satisfy the Town of Agawam's share of the Pension and 028 Expense Credit Funds. ' 029 3. Consideration has been given for anticipated receipt of funds 030 from the Commonwealth of Massachusetts for street reconstruction purposes r 031 as set forth in the Highway portion of the budget attached hereto. c c 032 4. In addition to any specific appropriation, all money receiygd a m 033 to the credit of any revolving fund now or heretofore created is hereby 034 appropriated for the purposes indicated in said revolving or working -- 035 capital fund. ' o36 5. There is hereby appropriated all money from the Commonweal i o 037 Massachusetts, the United States, as well as from any grants or donations 038 received for public purposes. 039 6. There is hereby appropriated all money received from the 040 interest income on short term Investments including the interest earned 041 on funds in interest-bearing bank accounts. 2 7. Consideration of establishing the Salary Reserve Appropriation 043 to satisfy those Union Contracts not completed at the close of the fiscal year. r r 1044 8. To allow the Assessor to use not more than $1,370,000 of 045 "Certified Free Cash" to reduce the 1990 Tax Rate to stay within the guidelines 6 of Proposition 2 1/2. 7 9. There is hereby adopted a Capital Improvement Program for fiscal �048 year July 1, 1989 through June 30, 1994. 049 10. The FY90 Town of Agawam Operating Budget is hereby adopted as 050 follows: 1051 ?OWN OPERATING BUD(ZT 052 Personnel Services $ 7,530015.00 1053 Supplies 861,085.00 054 Other Services & Charges 3,068,355.00 '055 Capital outlay 71,845.00 056 Line Items 6,465091.00 057 FOR A TOTAL OF: $17,996,991.00 058 SCHOOL OPERAIT G BUDGET 059 Operating Expense $13,068,931.00 1060 FOR A GRAND TOTAL OF: $31,065,922.00 061 ACCEPT = WATM BUDGET 1062 Personnel Services $ 341,364.00 ,t3 supplies 186,440.00 Other Services & Charges 944,961.00 065 Capital Outlay 5,000.00 1066 FOR A TOTAL OF: $ 1,47"7,765.00 067 11. There is hereby levied upon all taxable property within the 068 corporate limits of the Town of Agawam, Massachusetts upon each dollar assessed 069 value thereof, taxes in the amount to be determined. 070 DATED THIS Sixteenth DAY OF June 1989. 1071 ER ORDER OF AGAWAM TOWN COUNCIL 1 072 Wald M. Rheault, President 073 Agawam Town Council 074 APPROVED AS TO FORM 1075 C omas . Locke, Town Solicitor (Adopted June 13, 1989) 076 7 MAYORAL ACTION r078 Received this day of , 1989 by the Mayor's Office 079 by the Town Council Clerk. 080 APPRDVAI. OF I GATIOM t I By the powers vested in me pursuant to Article 3, Section 3-6 of the Agawam Town 82 Charter, as amended, I hereby approve the passage of the above legislation on 083 this —Sixteenth day of _11113o 1989. b i A, + j goph4Jon, Mayor 085 DISAPFMVAL OF LEGISLAI TON L6 By the powers vested in me pursuant to Article 3, Section 3-6 of the Agawam Town 087 Charter, as amended, I hereby veto the passage of the above legislation on this Irday of , 1989 for the following reason(s): 089 V 091 L2 093 Christopher C. Johnson, Mayor F4 RETURN OF LEGI-cZ ATTON TO CXXVI . CLERK Returned by Mayor's Office to Town Council Clerk this day of 1989• /lam 1