A Public Hearing and Informational Meeting will be held on Friday, October 30, 2020 at 6 p.m. at the Randolph Town Hall, Conference Room B, on the two articles warned for a Special Town Australian Ballot vote. The Special Town Australian Ballot Vote will be held on Tuesday, November 3, 2020.
Article 1. Shall the town voters authorize the allocation of the Fiscal Year 2020 Surplus from the General Fund not necessary to level taxes, or which is not applied towards any Emergency Reserve Fund shortfall according to the following schedule?
Facilities Reserve Fund $ 50,000
Highway Gravel Road Reserve Fund $ 40,000
Highway Equipment Reserve Fund $ 25,000
Recreation Reserve Fund $ 3,000
Highway Paving Reserve Fund $ Remaining balance of surplus not allocated above
Article 2. Shall the town voters authorize the allocation of the entire Fiscal Year 2020 Surplus from the Highway Fund to the Highway Paving Reserve Fund?