The Revenue & Expenditure Task Force has been established to review the Town’s long range financial plan and the Town Manager’s recommendations for addressing the structural deficit. The Revenue & Expenditure Task Force has been charged with achieving the following goals:
Review the Town Manager’s recommendations for reducing the structural deficit throughout the life of the long range financial plan.
Learn about the Town’s revenues, expenditures and related tax impacts.
Review the Town Manager’s five year revenue and expenditure forecasts identifying a structural budget gap (deficit).
Generate and vet revenue and expenditure ideas that could mitigate the structural deficit.
Recommend to the Town Manager a package of options that will contribute to the reduction of the structural deficit as appropriate.