Town of Sedgwick Maine
January 24, 2008 Thursday 6:30PM
Selectmen present: Nelson Grindal, Bill Jagger and Tom O'Connor. Other participants: Selectman’s assistant Barbara Grindle, Clerk/Treasurer Cindy Reilly. School superintendent Bob Webster, School committee members, Clair Grindal and Jan Anderson. Budget committee members Chairman Steve Toby, Bill Donnell and Paul Trowbridge.
- Selectmen approved the minutes of the January 22, 2008 selectman’s meeting.
- Selectmen approved the treasurer’s warrant (#30) in the amount of $280,978.39. $200,000 of which was authorization to move that amount into two certificates of deposit. $69,320.90 of that amount was for school expenses.
- Mr. Webster presented the 2008/09 school budget. The total budget is $1,696,549.00 which is down from the current budget by $137.360.00 or 7.49%. The bulk of the reduction comes from combining four classes into two and the retirement of two teachers who will not be replaced. Mr. Webster stated that he expects a substantial reduction in the state subsidy which will negate some of the savings to taxpayers. The state subsidy figures will be subtracted from the total budget to determine how much money will be raised through taxes. Those numbers will be available in February. The superintendent and school committee members answered several question about details in the budget.
The meeting was adjourned at 9:00PM.
Tom O'Connor Selectman