AGENDA #2i

MEMORANDUM

TO:                  Town Council

FROM:            Stormwater Utility Advisory Board

SUBJECT:       Budget Recommendations

DATE:             March 23 , 2005

As noted in a memorandum from Mayor, Kevin Foy to the Town Council on February 17, 2005 [AGENDA #14a(1)] the Council has modified its budget process this year.  Mayor Foy  recommended that Council invite all boards to offer their comments on the preparation of the 2005-06 budget by having their chairs make brief presentations at the March 23 Budget Forum. 

The Stormwater Utility Advisory Board is charged with providing guidance on the development and management of the new Stormwater Utility.  As an enterprise fund, there may be a number of ways to potentially impact both expenses and revenues for the Town.  However, we have held only three meetings to date, two of which were organizational in nature.  We have no recommendations to make at this juncture in our young life.

Alan Rimer

Chair