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TR-92-40 � RESOLUTION #TR-92-40 AS AMENDED A RESOLUTION ADOPTING THE PROPOSED FISCAL YEAR 1993 ANNUAL OPERATING AND CAPITAL BUDGETS FOR THE TOWN OF AGAWAM ao 9 z, 1 WHEREAS, Under the provisions of Chapter 44,L, Section 32 of the Massachusetts General Laws and Section 5-11--' of Article 5 of the Agawam Home Rule Charter, a proposed budget was submitted on June 22, 1992; and w _ WHEREAS, Under the provisions of Section 5-2 (a) of Article 5 of the Charter, a public hearing on the proposed _ I budget was held on July 20, 1992, notice thereof having been c:? published in one issue of the Agawam Advertiser News, a newspaper published and of general circulation in the Town ' more than fourteen days before such hearing; and WHEREAS, All necessary changes have been made as to irevenue estimates and appropriation items, NOW THEREFORE, THE AGAWAM TOWN COUNCIL HEREBY RESOLVES: 1. That pursuant to the provisions of Article 5 of the Agawam Home Rule Charter, the budget for fiscal year 1993 which begins July 1, 1992, a copy of which is attached hereto and incorporated herein by reference, is hereby adopted, and the several sums therein set forth to be raised by the levy of a tax upon all taxable property within the corporate limits of the Town of Agawam, Massachusetts, all other funds and receipts are hereby appropriated for the several purposes ' therein stated. 2 . The FY1993 budget is adopted according to the departmental and line item categories contained therein. Said adoption allowing administrative transfer of funds from any line item within any category of any departmental or the line item budget to any other line item within the same category of the same departmental or line item budget. 3. There is hereby appropriated in the Line Item -- Contributory Retirement Account an appropriation to the credit of the Hampden County Retirement Board to satisfy the Town of Agawam's share of the Pension and Expense Credit Funds. ' 4. Consideration has been given for anticipated receipt of funds from the Commonwealth of Massachusetts for street reconstruction purposes as set forth in the Highway portion of the budget attached hereto. 5. In addition to any specific appropriation, all money received to the credit of any revolving fund now or heretofore created is hereby appropriated for the purposes indicated in said revolving fund or working capital fund. 6. There is hereby appropriated all money from the Commonwealth of Massachusetts, the United States, as well as from any grants or donations received for public purposes. 7. There is hereby appropriated all money received from the interest income on short term investments including the interest earned on funds in interest-bearing bank ac- counts. 8. To allow the Assessor to use not more than $1,250, 000 of "Certified Free Cash" to reduce the FY1993 Tax Rate to stay within the guidelines of Proposition 2 112 as adopted by the Town Council on June 15, 1992. 9. The FY1993 Town of Agawam Operating Budget is hereby adopted as follows: TOWN OPERATING BUDGET Personnel Services $ 7, 623,228 Purchased Services $ 1, 179, 373 Supplies $ 573,965 Capital Outlay $ 89,400 Line Items $ 6, 648, 545 FOR A TOTAL OF: $16, 114 ,511 ' SCHOOL OPERATING BUDGET Operating Expense $14,034,000 FOR A GRAND TOTAL OF: $30, 148,511 ACCEPT THE WATER BUDGET ' Personnel Services $ 399,397 Purchased Services $ 984 ,550 ' Supplies $ 197,960 Capital Outlay $ 35,700 FOR A TOTAL OF: $ 1, 617, 607 ' ACCEPT THE WASTEWATER BUDGET ' Personnel Services $ 276, 316 Purchased Services $ 1,763 ,231 Supplies $ 36,045 Capital Outlay $ 28,550 FOR A TOTAL OF: $ 2, 104, 142 ' 10. There is hereby levied upon all taxable property within the corporate limits of the Town of Agawam, Massachusetts upon each dollar assessed value thereof, taxes in the amount to be determined. 11. Appropriate $3 ,493 from the North Agawam Rehabilitation Small Cities Grant to maintain Perry Lane Park. 12. Transfer funds reserved as available funds to reduce the FY1993 tax rate to stay within the guidelines of Proposition 2 1/2: Line Item Vet.Bene.c/o $ 40,245.78 Line Item Vet.Bene.c/o $ 12,438.74 Hwy.Silver Urban Sys.c/o $115,000.00 Engineering Consult.c/o $ 7, 669.00 Engineering Consult.c/o 1987 $ 2, 180.05 COA Misc. Fees c/o $ 4,770.00 COA Prof.Consult.c/o $ 2,370.00 ' Police Admin.Peirce Stat.c/o $ 8,000.00 13. Transfer $98, 500 from Overlay Surplus to reduce the FY1993 tax rate to stay within the guidelines of Proposi- tion 2 1/2. 14. Appropriate $129, 125 from Stabilization Fund to ' purchase the following equipment and supplies: Police-Vehicles $ 31,000.00 Fire-Equipment $ 695.00 Mot.Veh.Maint.-Equipment $ 705.00 Park & Rec.-Equipment $ 2,000.00 Repair/Replace.Equiment $ 15,000. 00 Library Books $ 52, 000. 00 Office Supplies $ 10, 000. 00 Library Supplies $ 8,725. 00 Library-Misc. Supplies $ 9, 000.00 15. Transfer $55,000 from the Fiscal Year 1992 Reserve Fund to the following accounts as adopted by the Town Council on June 15, 1992 : Highway & Grounds - Equipment $ 55,000. 00 ' 16. Adopt the Capital Improvement Program for Fiscal Years 1993 - 1997 as submitted by the Mayor to the Agawam Town Council on March 31, 1992. 17. The Town of Agawam hereby rejects the deferral ' provisions contained in Section 228-231 of Chapter 138 of the Acts of 1991 with regard to the budgeting for teachers' summer pay in Fiscal Year 1993. DATED THIS (/ DAY OF , 1992 . ORDER OF THE AGAWAM TOWN COUNCIL J nne H. Willis, President C7aw n Council PRO ED S TO F AND LEGALITY Thoma S. oc e, Soli