DENNIS – A tight FY 2018 operating budget was presented to selectmen recently by Interim Town Administrator Elizabeth Sullivan.
The suggested budget of $34 million is a slight increase over the current $32.8 million.
Sullivan said that the most important landmarks of the preparation include compliance with Proposition 2½ funding limits, a 2½ percent increase for the Dennis-Yarmouth School District and real estate tax revenue, and a refusal to use free cash.
“This budget has been submitted with several long-standing budget goals the town has,” she said. “To properly anticipate salary adjustments, to continue to reestablish the fiscal policies adopted by the board of selectmen.”
The proposed budget estimates $300,000 in new construction revenue, and that the increase tax revenue will bring in $992,122. Level state aid funding is expected to generate $759,142.
Selectmen gave their temporary approval of it but will continue the review process through the end of the month.
Sullivan told them the preparation process began last October. The finance committee will eye it over again next month.
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