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TR-94-17 �ee ouit Ga elc-k-L �- 4� "I lZ TR-94-17 {, ■ �! ��� A RESOLUTION ADOPTING THE PROPOSED FISCAL YEAR 1995 ANNUAL OPERATING AND c CAPITAL BUDGETS FOR THE TOWN OF AGAWAM iz 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 to the Agawam Town Council on June 10, 1994; 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 June 27, 1994, notice thereof having been published in one issue of the Agawam Advertiser News, a newspaper published , and of general circulation in the Town of Agawam more than fourteen (14) days prior to said public hearing; and WHEREAS, The adoption of the Fiscal Year 1995 Annual Operating and Capital Budgets is in the best interests of the Town of Agawam; and NOW THEREFORE, THE AGAWAM TOWN COUNCIL DOES HEREBY RESOLVE: 1. That pursuant to the provisions of Article 5 of the Agawam Home Rule Charter, the annual operating budget for Fiscal Year 1995 which begins July 1, 1994 (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 FY1995 budget is adopted according to the departmental and line item categories contained therein. Said adoption allowing administrative transfer of funds from any be 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 pension Iiability. 4. Consideration has been given for anticipated receipt of funds from the Commonwealth of Massachusetts for street reconstruction purposes in setting the Highway and Grounds portion of the budget as attached hereto. 5. 1n 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 and the United States of America, as well as, from any grants or donations received for public purposes. 7. There is hereby appropriated Y a ro riated all money received from interest income on short term investments including the interest earned on funds in interest-bearing bank ac- counts. 8. The Assessor is hereby authorized to use not more than $475,000 of "Certified Free Cash" to reduce the FY1995 Tax Rate in accordance with the guidelines of Proposition 2 1/2. 9. The FY1995 Town of Agawam Annual Operating Budget is hereby adopted as follows: TOWN OPERATING BUDGE Personnel Services $ 8,240,723 Purchased Services $ 1,352,548 Supplies $ 708,987 Capital Outlay $ 344,563 Line Items $__6,118,655 FOR A TOTAL OF: $ 16,765,476 SCHOOL OPERATING BUDGET Transportation Cost Center $ 1,092,000 Recreation Cost Center $ 13,000 General Operating Expense $ 15,442,917 FOR A TOTAL OF: $ 16,547,917 ' FOR A GRAND TOTAL OF: S 33 313,393 ADOPT THE WATER BUDGET ' Personnel Services $ 425,218 Purchased Services $ 931,992 Supplies $ 182,770 Capital Outlay $ 30.270 ® FOR A TOTAL OF: $ 1,570,250 ADOPT THE WASTEWATER BUDGET Personnel Services $ 302,551 Purchased Services $ 1,655,826 Supplies $ 34,630 Capital Outlay $ 37,515 FOR A TOTAL OF: S 2,030,522 ADOPT THE GOLF COUR$E BUDGET ' Personnel Services $ 190,176 Purchased Services $ 175,214 Supplies $ 106,275 Capital Outlay $ 38,478 ' FOR A TOTAL OF: S 510,143 10. There is herebylevied upon all taxable property within the corporate limits P P PertY rP of the Town of Agawam, Massachusetts upon each dollar of assessed valuation, taxes in an iamount to be calculated and determined by the estimated tax levy as set forth in the budget. 11. Transfer funds reserved as available funds to reduce the FYI 995 tax rate to stay within the guidelines of Proposition 2 1/2: Overlay Surplus $ 175,000.00 BC/BS Refund $ 125,148.00 Ambulance Fees $ 15,000.00 i 1 12. Authorize the Western Hampden District Veterans' Service to exceed its assessment limitation by $ 1,555.00 (Agawam's share) pursuant to Massachusetts General Laws Chapter 59, Section 20B. 13. Appropriate $ 125,148 to the Stabilization Fund pursuant to Massachu- setts General Laws Chapter 40, Section 5B. 14. Adopt the Capital Improvement Program for Fiscal Years 1995 - 1999 as submitted by the Mayor to the Agawam Town Council on March 31, 1994. DATED THIS 28th DAY OF June , 1994. PER ORDER OF THE AGAWAM TOWN COUNCIL J es D. Taylor,President ' Agawam Town Council APPROVED AS TO FORM AND LEGALITY 1 Thoma , Solicitor 1 MAYORAL ACTION ' Received this NIA day of , 1994 from Town Council Clerk. (Signed by Counc i i President June 28, 1994) 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 28th day of _June _ , 1994. ' Christopher C.robnso 161yor DISAPPROVAL OF LEGISLATION ' 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 legislations on this ' day of T , 1994 for the following reason(s). I .er Christop h C. Johnson, Mayor or y fRETURN OF LEGISLATION TO COUNCIL CLERK Returned to Council Clerk this 28th day of rune 1994. I