JAY — Selectmen opted Monday to keep next year’s annual town meeting scheduled for Tuesday, June 11, as approved by voters at the polls this past June.
Town Manager Ruth Cushman said RSU 73 will begin the school budget process earlier and expects to have budget books available by Jan. 31. A budget presentation to the school board will begin Feb. 5, according to a time line. A final vote of the school board is expected to take place on Feb. 26.
It took three voting processes, with the last one conducted in late August, to pass an $18.59 million school budget for 2012-13.
Cushman asked selectmen if they wanted to move the town meeting to coincide with the RSU 73 budget validation vote at the polls or to keep it as it has been in the past.
The school board has not set a date for the district-wide budget meeting or the validation vote.
Town department heads are already budgeting several months ahead and it would be difficult to try to budget further out, Selectman Justin Merrill said.
The school system pays for its budgets votes, Cushman said.
The other selectmen agreed to keep the municipal referendum vote in June.
In other business Monday, selectmen:
* Approved an updated Investment Policy for the town. Cushman told the board the current policy was very outdated. The auditor had reviewed the proposed policy.
The policy sets guidelines on investments so that the town invests in safe and secure investments, she said.
“It’s a safety net for the town,” Cushman said.
* Approved a Treasurer’s Disbursement Policy that would allow one selectmen to sign for payroll and benefits warrants, if no other selectman is around. Selectmen are required to approve the policy on a yearly basis.
* Repealed the town’s personnel policy, which was recently approved, and approved an updated one. Cushman said the Internal Revenue Service had made some changes after the board had approved the previous policy.
“As of today, everything is current,” she told selectmen Monday.
She planned to have a meeting with employees to go over the new policy in case there are questions.
dperry@sunjournal.com
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