budget

Falls Village looks for wiggle room in budget

FALLS VILLAGE — The Board of Finance will hold a special meeting Wednesday, April 24, at 6 p.m. at Town Hall and on Zoom to discuss how to find some $80,000 in spending cuts from the proposed spending for 2024-25 from the Board of Selectmen.

The finance board requested $130,000 in cuts from the selectmen at their meeting on April 8.

The selectmen met on April 11 and “respectfully” declined to make any changes in their spending plan, which has a bottom line increase of $124,593.

At a special meeting Tuesday, April 16, the finance board agreed to “impose additional cuts to the Municipal Spending Plan (revised plan dated April 16, 2024) up to $80,000.”

The board also agreed “to not use the General Fund for budget relief in an amount that would reduce the General Fund Balance below 12.5% of the combined annual expenditures” (“combined annual expenditures” means municipal and education spending).

Both actions were taken on motions from member John Steines.

budget

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