Next Select Board Meeting - October 25, 2022 @ 5:30 p.m.
All are welcome to attend and participate in our open and public meetings. The agenda for each meeting is posted 48 business hours prior to the scheduled meeting time and can be accessed through the Select Board’s webpage.
Attend in-person at the Town Office Annex, Large Meeting Room. Join the meeting on-line or participate by phone by dialing 1-508-945-4410 and entering Conference ID 203 386 491#.
1. Approval to Open the 2022 Bay Scallop Season (November 1, 2022)
2. 11th Annual Town of Chatham Budget Summit; Fiscal Year 2024 (July 1, 2023 – June 30, 2024) Select Board, Finance Committee, Monomoy Regional School District, Department Heads
I. State of the Town
A. Overview of FY2023 Budget; Budgeting for a Resilient & Sustainable Future
B. Year-to-Date Review/Projections; Revenue and Expenditures
II. Set the Stage for FY2024 Budget Decisions and Beyond - Discussion
A. Overview/Assumptions
B. Community Priorities
C. Diversity/Equity/Inclusion in Municipal Budgeting
D. Select Board Community Value Statements & Goals and Objective; (Review Scheduled for November 1, 2022)
III. FY2024 Budget
A. Budget (Revenue and Expense) Forecasts
B. Critical Factors:
1. Priorities/Policy Issues/Directives – Discussion
a. Funding/Service Priorities – Short-term and Long-term Funding Enhancements/Restrictions
b. Taxpayer Assistance/Relief Initiatives/Residential Tax Exemptions as it relates to the Budget and Policy
2. Education Assessments
a. Monomoy Regional School District Projections and Assessments; Chatham Elementary School
b. Cape Cod Regional Technical High School
3. Other Funding/Priorities -American Rescue Plan Act (ARPA) and Opioid Recovery and Redemption Fund
IV. FY2024 – 2028 Capital Improvement Plan/Program/Projects and Investment Strategy -Potential 2023 Annual Town Meeting Warrant Articles:
A. Water Supply/Infrastructure – Capital Plan
B. Council on Aging Project (borrowing authorization)
C. Community Preservation Act Projects, including Affordable Housing Trust (CPC Applications due on November 1, 2022)
D. Attainable Housing (funded by Free Cash)
E. Other Town Funding Priorities/Projects
V. Debt Service Forecasts/Schedules
VI. Recommendations and Reports Received – Review
A. Finance Committee
B. Summer Residents Advisory Committee (SRAC)
C. Chatham 365 Task Force – Status
D. S&P Bond Rating – AAA (March 7, 2022); Efforts to Retain Highest Municipal Rating
E. Town Financial Polices Review/Update
VII. FY2024 Budget Directive and Budget Review Process/Calendar