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TR-93-45 ; i6t%jcbUtLO .,` 'l31)73 RESOLUTION #TR-93-45JQ� A RESOLUTION ADOPTING THE PROPOSED ' d�`�I �`-' C -1 - ISCAL YEAR 1994 ANNUAL OPERATING ANDUd . CLOP N6 UCD IL CAPITAL BUDGETS FOR THE TOWN OF AGAWAM . WHEREAS, Under the provisions of Chapter 44, Section 32 of the Massachusetts General Laws and Section 5-1 of Article 5 of the Agawam Home Rule Charter, a proposed ' budget was submitted on August 12, 1993; and WHEREAS, Under the provisions of Section 5-2 (a) of Article 5 of the Charter, a public hearing on the proposed ' budget was held on August 30, 1993, notice thereof having been 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 ' revenue 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 1994 ' which begins July 1, 1993, 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 FY1994 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. c-> 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 f° '=`- portion of the budget attached hereto. -�- ' 5. In addition to any P appropriation,specific a riation, all P money received to the -credit of any revolving fund now or E5 heretofore created is hereby appropriated for the purposes w 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 $369,681 of "Certified Free Cash" to reduce the FY1994 Tax ' Rate to stay within the guidelines of Proposition 2 1/2 as adopted by the Town Council on June 21, 1993. ' 9. The FY1994 Town of Agawam Operating Budget is hereby adopted as follows: TOWN OPERATING BUDGET ' Personnel Services $ 8,026,462 Purchased Services $ 1,202,815 Supplies $ 650, 155 Capital Outlay $ 77, 645 Line Items $ 6, 175, 317 FOR A TOTAL OF: $16, 132, 394 SCHOOL OPERATING BUDGET ' Operating Expense $15,847, 214 FOR A GRAND TOTAL OF: $31,979, 608 ACCEPT THE WATER BUDGET ' Personnel Services $ 421,234 Purchased Services $ 927,279 Supplies $ 203,322 ' Capital Outlay $ 28,505 FOR A TOTAL OF: $ 1, 580,340 ' ACCEPT THE WASTEWATER BUDGET 1 Personnel Services $ 295, 039 Purchased Services $ 1, 613 ,949 Supplies $ 35,990 Capital Outlay $ 28,485 ' FOR A TOTAL OF: $ 1,973,463 ' 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. Transfer funds reserved as available funds to reduce the FY1994 tax rate to stay within the guidelines of Proposition 2 1/2: Overlay Surplus $135, 000. 00 Waste Disposal - Rubbish $ 54,914. 49 Ambulance Fees $ 15, 000.00 12. Appropriate $150,645 from Stabilization Fund to purchase the following equipment and supplies: ' Hwy.& Gr. - Equip. $ 55,000. 00 Fire-Equipment $ 695.00 Mot.Veh.Maint.-Equipment $ 5,520.00 ' Park & Rec.-Equipment $ 2,000. 00 Office Equipment $ 18, 000. 00 Library Books $ 55,000. 00 Library-Commun.Equip. $ 13, 180. 00 Library-Furn. & Furnishings $ 1,250.00 13. Adopt the Capital Improvement Program for ' Fiscal Years 1994 - 1998 as submitted by the Mayor to the Agawam Town Council on April 1, 1993. DATED THIS THIRTY-FIRST DAY OF AUQ= , 1993 . ' PER ORDER OF THE AGAWAM TOWN UNCIL Jam . Taylor, President Agawam Town Council ' APPROVED AS TO AND LEGALITY Xar 1 homas e, Solicito MAYORAL_ACTION Received this NIA day of , 1993 from Town ' Council Clerk. (Signed by Council President August 31, 1993) APPROVAL- -OF—LEGISLATION By the powers vested in me pursuant to Article 3, Section 3-6 of the Agawam Charter, as amended, I hereby approve the passage of the above legislation on this Thirty ftrat day of Auqu s t , 1993 . 1 y istoph r C. J nson, Mayor DISAPPROVAL OF LEGISLATION U By the powers vested in me pursuant to Article 3, Section 3-6 of the Agawam Charter, as amended, I hereby veto the passage ' of the above legislation on this day of 1993 for the following reason(s) : ' Christopher C. Johnson, Mayor RETURN OF LEGISLATION TO COUNCIL-- CLERK Returned to Council Clerk this Thirty-first day of August 1993. 1 EMERGENCY P�i.EAMBLE An emergency budgetary action is required under Section 2-9B of the Agawam Home Rule Charter to enable the Town to meet its financial obligations. Due to the delayed receipt of official Cherry Sheets from the Commonwealth of Massachusetts, it is mandatory that all precautions and controls be made to ensure the fiscal stability of Agawam and its inhabitants. In order to ensure this end and protect the financial interest of the citizens and taxpayers of the Town of Agawam, it is necessary to adopt the emergency measure to provide for the adoption of the Fiscal Year 1994 Annual Operating and Capital Budgets. 1 1 rrn L� 1