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Pelham Budget 2010: State Reduction & Fiscal Considerations

Learn about Pelham's operating budget for 2010, including revenue reductions, line item changes, reserve accounts, and unknown factors affecting future expenses. Understand the impact of state budget uncertainties on the town's financial planning.

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Pelham Budget 2010: State Reduction & Fiscal Considerations

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  1. Pelham Budget 2010 Background of the Operating Budget for 2010 Article 4 in the Town Warrant

  2. State Reduction • The estimate reduction in revenue from the State from 2009 to 2010 is ($111,110) based on the Cherry Sheet. (Cherry Sheet is the term for the form the State uses)

  3. Line Items with substantial increases • Contract Services for the Assessors needed to cover the Town’s reevaluation. $4,050 • Treasure’s expense to cover new software service contract. $2,800 • Snow removal materials $11,000 • County Retirement $12,000

  4. Line items with Substantial Decreases • Blanket Insurance ($7200) • Highway Staff Salaries ($6800) • Police Department ($25,000) • Fire Department (4,400)

  5. Reserve Account • Increased by $41,000 • To be used to cover potential additional cuts in State aid (In 2009 the State reduced the aid by $19,000) • Pay cola’s to Town Employees equal to Teachers • Cover additional cost of snow removal materials • Cover additional unanticipated expenses

  6. 2010 Unknowns • The final cost of the Regional School budget as the 4 Towns are not in agreement • Final State Budget numbers as the State Budget has not been passed. • State Revenue for next year is very unknown and its affect on Pelham good or bad • Energy costs

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