TOWN OF WALPOLE - FY'2015 BUDGET Information Regarding FY‘15 Budget Process & Financial Status.

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2 TOWN OF WALPOLE - FY'2015 BUDGET Information Regarding FY'15 Budget Process & Financial Status

3 Budget Presentation This presentation provides an overview of our financial process. EXPENSES REVENUES FY'14 & FY'15 COMPS SEWER & WATER FREE CASH & CAPITAL NEXT STEPS

4 EXPENSES SUMMARY Instructions: This is an embedded graph. To edit this graph simply double- click anywhere on the graph. When you're done editing the graph, click outside of the graph to return to PowerPoint.

5 GENERAL O&M BUDGET Instructions: This is an embedded graph. To edit this graph simply double- click anywhere on the graph. When you're done editing the graph, click outside of the graph to return to PowerPoint.

6 REVENUES SUMMARY Instructions: This is an embedded graph. To edit this graph simply double- click anywhere on the graph. When you're done editing the graph, click outside of the graph to return to PowerPoint.

7 TAX LEVY Instructions: These are embedded graphs. To edit a graph simply double-click anywhere on the graph. When you're done editing the graph, click outside of the graph to return to PowerPoint. Labels above each column are added in PowerPoint.

8 STATE LOCAL AID Instructions: This is an embedded graph. To edit this graph simply double- click anywhere on the graph. When you're done editing the graph, click outside of the graph to return to PowerPoint.

9 LOCAL RECEIPTS Instructions: This is an embedded table from Microsoft Word. To edit this table you need to have Microsoft Word installed on your computer. You do not need to have Word installed to view the table. To edit this table simply double-click anywhere on the table. When you're done editing the table, click outside of the table to return to PowerPoint.

10 OTHER AVAILABLE FUNDS Instructions: This is an embedded graph. To edit this graph simply double- click anywhere on the graph. When you're done editing the graph, click outside of the graph to return to PowerPoint.

11 66% / 34% FUNDING ALLOCATION

12 FY'2014 SUMMARY

13 FY'2015 SUMMARY

14 The Balancing Act Instructions: This is an embedded graph. To edit this graph simply double- click anywhere on the graph. When you're done editing the graph, click outside of the graph to return to PowerPoint.

15 SEWER & WATER BUDGETS Instructions: This is an embedded graph. To edit this graph simply double- click anywhere on the graph. When you're done editing the graph, click outside of the graph to return to PowerPoint.

16 FREE CASH STATUS Instructions: This is an embedded graph. To edit this graph simply double- click anywhere on the graph. When you're done editing the graph, click outside of the graph to return to PowerPoint.

17 CAPITAL PROJECT FUNDING Instructions: This is an embedded graph. To edit this graph simply double- click anywhere on the graph. When you're done editing the graph, click outside of the graph to return to PowerPoint.

18 "ONE-TIME" FUNDING RESERVES Instructions: This is an embedded graph. To edit this graph simply double- click anywhere on the graph. When you're done editing the graph, click outside of the graph to return to PowerPoint.

19 PROPOSED TM ARTICLES (Non-Capital) Instructions: This is an embedded graph. To edit this graph simply double- click anywhere on the graph. When you're done editing the graph, click outside of the graph to return to PowerPoint.

20 NEXT STEPS…AGAIN! Instructions: This is an embedded graph. To edit this graph simply double- click anywhere on the graph. When you're done editing the graph, click outside of the graph to return to PowerPoint. 1) Finalize Health Insurance Rates 2) Monitor Progress On State Budget 3) Continue Dialogue On Facilities Plan 4) Build On OPEB Process 5) Plan, Plan, Plan: - Manage Projected FY'16 & FY'17 Debt Changes - Protect Fund Balance & Build Reserves - Sustainability vs. Quick Fixes – The New "Norm"