School District- Lue Snyder: The District has started work on both Wakefield and Milton budgets. She hopes for an easy process and a low percentage increase. There is a new Principal at the Elementary/Middle School and a new Assistant Principle at the High School. The total professional salary line may go down. There are new hires at the schools. Health insurance should remain stable. The 60 day window to change insurance is closing and “changes for causes” occur when necessary. Effective 7/1/12 individuals pay 5% of their health insurance. Stan Nadeau asked what percentage has been spent and why not given like the Town. He also inquired what the status of encumbrances is. Lue Snyder noted that the District did not use a percentage to track their fiscal year expenditures by month: she did not have encumbrance figures. The Chair suggested that the Business Administrator could address Stan’s question when he presents the new budget.
Town-Tom Gray: 66% of the budget is spent. The new cruiser, Taurus Inceptor, will add 34k. Still under statistical 9 month percentage. Bruce Woodruff who does common focus budgeting for Moultonborough, complimented that number and advised caution on outfitting costs, light bars etc. The cost of the bridge removal was between 4-5K and will come from the Bridge Capital Reserve Fund with possibility of 80% reimbursement from the State if agreed to.
Lue Snyder asked for information about town salaries – there have been raises? Tom Gray stated yes. Stan Nadeau noted that the voters had said “NO” to a step plan. Tom Gray advised that no step plan was used. There had been some minor salary increases, longevity and merit were recognized with input from Department Heads and Selectmen’s agreement/authority under bottom line budgeting.
Official Minutes
