Stoughton Selectmen to Recruit Capital Planning Committee

The following is a press release from the Town of Stoughton:

At its meeting on July 10, 2012, the Stoughton Board of Selectmen voted to establish a citizen’s committee to advise the Town Manager and Board of Selectmen in the development of a long-term capital and financial plan for the Town.

Applications are being sought to appoint five volunteers to serve on the Capital and Financial Planning Advisory Committee. 

Selectmen are seeking Stoughton residents with training, education or experience in accounting, auditing, budgeting, business planning, and related fields to serve on the committee for the upcoming year.  Appointments will be completed so that the Committee starts its work in early September.

Stoughton’s Town Charter directs the Town Manager and Board of Selectmen to create a 3-year financial plan for the Town.  This committee will initially advise the Town Manager, who is charged with drafting the plan, and assist the Board of Selectmen in evaluating the town’s long-term financial and capital needs.  

The Capital and Financial Planning Advisory Committee will also make recommendations to the Board of Selectmen concerning capital expenditures in next year’s annual town budget proposals as well as requests made directly to Town Meeting by citizen petitions. 

The Selectmen have given the committee guidelines to anticipate level service budgets for the municipal and school departments, however, the committee may recommend increases or decreases in services based on information it receives.  The committee’s full report for next year’s budget will be due in January 2013.

Those interested in serving on the committee should send letters of interest to the Board of Selectmen at Stoughton’s Town Hall by Thursday, August 9, 2012, 7 p.m. 

More details about the committee are available on the Town’s website http://www.stoughton-ma.gov/capital/ and from the Board of Selectmen’s office.