Town Governance, Management, and Financial Issues

Rochelle Nemrow Rochelle Nemrow

Finance Committee Perspective on Weston’s Debt and Discretionary Spending

As follow-up to last week’s article by the Weston Finance Committee, “Fincom Perspective on Weston’s School Budget”, which detailed our lack of support for the proposed Fiscal Year 2021 town budget as recommended by the Town Manager, we want to provide a revised exhibit and some additional perspective on the issues it raises with respect to the town’s many recent amenity projects, and especially the proposed 2020 Recreation Master Plan.

As noted last week, we do not oppose the school budget increase of 3.5%, which is 1.7% after adjusting for accounting changes and legally mandated special education expenses. Rather, we are concerned by the remaining proposed municipal budget in this unprecedented environment. We have recommended deferring all significant discretionary spending and all proposed budget increases which are not absolutely necessary until after the current crisis has subsided. When the duration and economic impact of the coronavirus pandemic is better understood, it may be appropriate to restore discretionary expenses and investments on which there is already broad agreement, and debate other initiatives as may be prudent at that time.

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Rochelle Nemrow Rochelle Nemrow

Finance Committee Perspective on Weston’s School Budget

As follow-up to last week’s article by the Weston Finance Committee, “Fincom on Town’s Debt and Unfunded Liabilities”, which detailed our lack of support for the proposed Fiscal Year 2021 town budget as recommended by the Town Manager, we want to provide some additional perspective on Weston’s public school spending.

​As noted last week, we do not oppose the school budget increase of 3.5%, which is 1.7% after adjusting for accounting changes and legally mandated special education expenses. Rather, we are concerned by the remaining proposed municipal budget in this unprecedented environment. We have recommended deferring all significant discretionary spending and all proposed budget increases which are not absolutely necessary until after the current crisis has subsided. At that point, we may be able to restore discretionary expenses and investments on which there is already broad agreement and debate other increases as may be prudent at that time.

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Rochelle Nemrow Rochelle Nemrow

Finance Committee Perspective on Weston’s Debt and Unfunded Liabilities

From the Weston Town Crier, April 16, 2020

​As follow-up to last week’s article by the Weston Finance Committee, “Finance Committee Perspective on FY 2021 Budget and Taxes”, which detailed our lack of support for the proposed Fiscal Year 2021 town budget as recommended by the Town Manager, we want to provide some additional perspective on Weston’s debt and unfunded liabilities.

As noted last week, we do not oppose the school budget increase of 3.5%, which is 1.7% after adjusting for accounting changes and legally mandated special education expenses. Rather, we are concerned by the remaining proposed municipal budget in this unprecedented environment. We recommend deferring all significant discretionary spending and all proposed budget increases which are not absolutely necessary until after the current crisis has subsided. At that point, we may be able to restore discretionary expenses and investments on which there is already broad agreement and debate other increases as may be prudent at that time.

Read More
Rochelle Nemrow Rochelle Nemrow

Finance Committee Perspective on FY 2021 Budget and Taxes

Submitted by the Weston Finance Committee

As follow-up to last week’s article by the Weston Finance Committee, detailing our lack of support for the proposed Fiscal Year 2021 town budget as recommended by the Town Manager, we want to provide some additional perspective on Weston’s taxes and spending.

​We do not oppose the school budget increase of 3.5%, which is 1.7% after adjusting for accounting changes and legally mandated special education expenses. Rather, we are concerned by the remaining proposed municipal budget in this unprecedented environment. We recommend deferring all significant discretionary spending and all proposed budget increases which are not absolutely necessary until after the current crisis has subsided. At that point, we may be able to restore discretionary expenses and investments on which there is already broad agreement and debate other increases as may be prudent at that time.

Read More