TIVERTON FINANCIAL TOWN HEARING

THURSDAY, JULY 1, 2021

 

MEETING NOTIFICATION

 

 

In accordance with the Open Meeting Law, Section 42-46-6, notice is hereby given that the Tiverton Financial Town Hearing will be held on Thursday, July 1, 2021 at 7:00 p.m.

 

Notice:     In accordance with the guidance provided by the Governor and State and Local emergency management authorities due to the current state of emergency, Town meetings will be conducted solely via internet video conference with telephonic access; there shall be no in-person gathering for this meeting. The Town has set up the following internet video conference and telephonic access capabilities for council members and public participation.

IN ORDER TO PARTICIPATE, USE THE FOLLOWING OPTIONS:

 

                                   1. Call the toll-free number: 877-853-5247 (audio only) and enter the following information:

MEETING ID:  849 8039 9633       

PASSCODE:  930660

 

2. To participate visually (with audio) you will need to log into the following from your

computer or smart phone, go to: www.zoom.us

MEETING ID:  849 8039 9633

PASSCODE:  930660

 

                    Once entered you will be able to view and listen to the meeting.  At the appropriate time for public comment the moderator of the meeting will allow you to provide comment at the meeting.

 

The meeting will also be viewable live at:

https://www.youtube.com/user/TivertonVideos

 

In addition, the public may send written comments via email to publiccomment@tiverton.ri.gov or by regular mail to the Town Clerk at 343 Highland Road, Tiverton, RI 02878 or place in the grey drop box located outside Town Hall by 12:00 noon on Thursday, July 1, 2021.

 

Individuals requesting interpreter services for the hearing impaired must contact the Town Clerk’s Office at 343 Highland Road or call (401) 625-6704 at least forty-eight (48) hours in advance of the meeting.

 

 

 

 

 

 

 

 

 

 

TIVERTON FINANCIAL TOWN HEARING

 

AGENDA

 

Thursday, July 1, 2021 at 7:00 p.m.

 

 

 

TOWN CLERK:                                 Pledge of Allegiance

Introduce Speakers

Brief Discussion on Procedure

 

 

1.      BUDGET COMMITTEE:            Presentation of Budget Committee Fiscal Year (FY) 2022

Budget Proposal

 

Presentation of Budget Committee Resolutions

for Fiscal Year 2022

 

 

2.      TOWN COUNCIL:                      Presentation of Town Council Resolutions

for Fiscal Year 2022

 

 

PUBLIC COMMENTS AND QUESTIONS

 

 

TOWN CLERK:                                 Adjournment

 

 

 

BUDGET PROPOSALS AND RESOLUTIONS AS APPEARS ON

JULY 17, 2021 BALLOT

 

 

VOTE FOR ONLY ONE OF THE FOLLOWING BUDGET PROPOSALS

 

NOTE: THIS YEAR THERE IS ONLY ONE BUDGET PROPOSAL

 

 

1.    BUDGET COMMITTEE’S BUDGET PROPOSAL

 

 

The Town Shall:

Appropriate a sum of $32,506,856 for School Department General Operating expenses; and Appropriate a sum of $21,611,236 for Municipal Operations and Capital Expenses; and Levy a Property Tax not to exceed $40,522,659, which is an increase of 3.6% to the prior year’s certified Net Tax Levy and includes a Motor Vehicle Tax Levy not to exceed $1,355,000 and a Real & Tangible Property Tax Levy not to exceed $39,254,379 as recommended by the Budget Committee.

 

 

 

 

FINANCIAL TOWN REFERENDUM RESOLUTIONS

VOTE TO APPROVE OR REJECT

 

 

 

BUDGET COMMITTEE RESOLUTIONS

 

1.      RESOLVED, that the expense and revenue budgets, both itemized by account, that support the proposal for appropriations and tax levies which receives a majority of votes cast by the Electors at this Financial Town Referendum shall be adopted as the Tiverton General Fund Budget for the fiscal year ending June 30, 2022.

 

2.      RESOLVED, that all Municipal Capital accounts be restricted for their intended purpose and that no transfers are authorized out of those accounts, except to other Municipal Accounts in a declared state of emergency.

 

3.      RESOLVED, that if the Electors at this Financial Town Referendum appropriate a sum for Municipal Operations and Capital Expenses that includes an amount to fund the Revaluation account, said amount shall be placed in the restricted Revaluation reserve account, to be used solely for the purpose of funding property revaluations.  Funds remaining in this restricted account at the end of June 30, 2022, shall be carried over into the same account for fiscal year 2023.

 

4.      RESOLVED, that if the Electors at this Financial Town Referendum appropriate a sum for Municipal Operations and Capital Expenses that includes an amount to fund the Elections account, said amount shall be placed in the Restricted Elections Reserve account, to be used solely for the purpose of funding future elections, Financial Town Referendum and Run-offs if necessary.  Funds remaining in this restricted account at the end of June 30, 2022, shall be carried over into the same account for fiscal year 2023.

 

5.      RESOLVED, that Account 5540-6794 Paving/Drainage, Curbing and Sidewalks account shall be a restricted account to be used solely for the purpose of paving/drainage, curbing, and sidewalks.  Funds remaining in this restricted account at the end of June 30, 2022, shall be carried over into the same account for fiscal year 2023.

 

6.      RESOLVED, to the extent not in conflict with the Budget Proposal approved at this Financial Town Referendum, any and all revenues raised by the Town through the “Pay as You Throw” program in fiscal year 2022 shall be restricted for landfill closure consistent with the prior year. Funds remaining in this restricted account at the end of June 30, 2022, shall be carried over into the same account for fiscal year 2023.

 

 

 

TOWN COUNCIL RESOLUTIONS

 

1. RESOLVED, that with regard to the sale of any one group of parcels within the Tiverton Industrial Park, up to and including the entire Industrial Park,  25% of the proceeds from each sale shall be set aside in a Restricted account used solely for the purpose of developing the Park, including but not limited to providing a Town financial match for Federal and State grants, development of infrastructure such as utilities or roads, or the professional engineering costs associated with such activities.  Funds remaining in this restricted account at the end of June 30, 2022, shall be carried over into the same account for fiscal year 2023.

 

2. RESOLVED, to the extent not in conflict with the Budget Proposal approved at this Financial Town Referendum, that 25 percent (25%) of any and all Real Estate Conveyance Tax funds received by the Town for fiscal year 2022 shall be reserved for “Open Space” purposes under the purview of the Open Space Commission.

 

3. RESOLVED, that the Town, once all provisions of the Charter and accounting requirements are met, shall transfer out of the unexpended Municipal Expense appropriation determined as of June 30, 2022, twenty-five percent (25%) into the Restricted Paving/Drainage account 5540-6794, and twenty-five percent (25%) into Restricted Capital Expenditure Account 0980-9999.