Common use of Budget Process Clause in Contracts

Budget Process. 1. The Commission budget process shall be initiated on or about November 1st and shall provide an opportunity for the Sewer Commission or Board having such authority, the Board of Selectmen and the Finance Committee of each Member Town to have input into its preparation at a formally noticed public hearing. The draft budget available at that time shall be approved by majority vote of the Commissioners. 2. Upon request by the Sewer Commission or Board having such authority, the Board of Selectmen or the Finance Committee of a Member Town, the Commission shall arrange to meet with said Boards/Committees to present and discuss the proposed draft budget at a joint meeting in that community. Meetings shall be noticed locally and on the Commission website. 3. In December or early January, the Commission shall conduct a joint three-town Board of Selectmen meeting to present the proposed annual draft budget and capital plan. This shall be a publicly noticed meeting pursuant to the requirements of section 20 of chapter 30A of Massachusetts General Law. A quorum for this meeting shall be at least two Selectmen from each town and at least a total of eight Selectmen from the three towns. The annual budget shall be deemed approved if a majority of the Selectmen present and voting so vote. If the Selectmen vote to reject the proposed budget, they shall state their specific reasons for doing so and the Commission shall be required to respond to those reasons and put forth a revised budget or respond accordingly to the reasons. A revised vote can take place at this meeting or another meeting can be conducted by the member towns in the same manner as provided herein. If no joint three-town Board of Selectmen meeting is held between November 1st and January 15th, then the proposed budget by the Commission shall be considered approved. 4. The Commission by January 15th shall adopt by a minimum of five positive votes a final operation and maintenance budget for the upcoming fiscal year which is reflective of key issues raised at the joint three-town Board of Selectmen meeting. 5. In the event the three town Board of Selectmen meeting does not affirmatively vote to adopt the Commission’s proposed budget by January 15th or if the Commission cannot obtain the required positive votes, the parties are required to follow the dispute resolution provisions of section 13.3 of this Agreement in an attempt to resolved the issues and to obtain the required approvals. In the event that the required approvals are not obtained by March 1st, the budget of the prior fiscal year shall remain in effect until such time as an agreement is reached.

Budget Process. 1. The Commission budget process shall be initiated on or about November 1st and shall provide an opportunity for the Sewer Commission or Board having such authority, the Board of Selectmen and the Finance Committee of each Member Town to have input into its preparation at a formally noticed public hearingpreparation. The draft budget available at that time shall be approved by majority vote of the Commissioners. 2. Upon request by the Sewer Commission or Board having such authority, the Board of Selectmen or the Finance Committee of a Member Town, the Commission shall arrange to meet with said Boards/Committees to present and discuss the proposed draft budget at a joint meeting in that community. Meetings shall be noticed locally and on the Commission website. 3. In December or early January, the Commission shall conduct a joint three-town Board of Selectmen meeting to present the proposed annual draft budget and capital plan. This shall be a publicly noticed meeting pursuant to the requirements of section 20 of chapter 30A of Massachusetts General Law. A quorum for this meeting shall be at least two Selectmen from each town and at least a total of eight Selectmen from the three towns. The annual budget shall be deemed approved if a majority of the Selectmen present and voting so vote. If the Selectmen vote to reject the proposed budget, they shall state their specific reasons for doing so and the Commission shall be required to respond to those reasons and put forth a revised budget or respond accordingly to the reasons. A revised vote can take place at this meeting or another meeting can be conducted by the member towns in the same manner as provided herein. . If no joint three-town Board of Selectmen meeting is held between November 1st and January 15th, then the proposed budget by the Commission shall be considered approved. 4. The Commission by January 15th shall adopt by a minimum of five positive votes two-thirds (2/3) vote a final operation and maintenance budget for the upcoming fiscal year which is reflective of key issues raised at once the positive vote from the joint three-town Board of Selectmen meetingselectmen has been attained on or about January 15th. 5. In the event the three town Board of Selectmen meeting does not affirmatively vote to adopt the Commission’s proposed budget by January 15th or if the Commission cannot obtain the required positive votes, the parties are required to follow the dispute resolution provisions of section 13.3 of this Agreement in an attempt to resolved the issues and to obtain the required approvals. In the event that the required approvals are not obtained by March 1st, the budget of the prior fiscal year shall remain in effect until such time as an agreement is reached.

Budget Process. 1. The Commission budget process shall be initiated on or about November 1st and shall provide an opportunity for the Sewer Commission or Board having such authority, the Board of Selectmen and the Finance Committee of each Member Town to have input into its preparation at a formally noticed public hearing. The draft budget available at that time shall be approved by majority vote of the Commissioners. 2. Upon request by the Sewer Commission or Board having such authority, the Board of Selectmen or the Finance Committee of a Member Town, the Commission shall arrange to meet with said Boards/Committees to present and discuss the proposed draft budget at a joint meeting in that community. Meetings shall be noticed locally and on the Commission website. 3. In December or early January, the Commission shall conduct a joint three-town Board of Selectmen meeting to present the proposed annual draft budget and capital plan. This shall be a publicly noticed meeting pursuant to the requirements of section 20 of chapter 30A of Massachusetts General Law. A quorum for this meeting shall be at least two Selectmen from each town and at least a total of eight Selectmen from the three towns. The annual budget shall be deemed approved if a majority of the Selectmen present and voting so vote. If the Selectmen vote to reject the proposed budget, they shall state their specific reasons for doing so and the Commission shall be required to respond to those reasons and put forth a revised budget or respond accordingly to the reasons. A revised vote can take place at this meeting or another meeting can be conducted by the member towns in the same manner as provided herein. . If no joint three-town Board of Selectmen meeting is held between November 1st and January 15th, then the proposed budget by the Commission shall be considered approved. 4. The Commission by January 15th shall adopt by a minimum of five positive votes two-thirds (2/3) vote a final operation and maintenance budget for the upcoming fiscal year which is reflective after careful consideration of key the issues raised at the joint three-town Board of Selectmen meeting. 5. In the event the three town Board of Selectmen meeting does not affirmatively vote to adopt the Commission’s proposed budget by January 15th or if the Commission cannot obtain the required positive votes, the parties are required to follow the dispute resolution provisions of section 13.3 of this Agreement in an attempt to resolved the issues and to obtain the required approvals. In the event that the required approvals are not obtained by March 1st, the budget of the prior fiscal year shall remain in effect until such time as an agreement is reached.

Budget Process. 1. The Commission budget process shall be initiated on or about November 1st and shall provide an opportunity for the Sewer Commission or Board having such authority, the Board of Selectmen and the Finance Committee of each Member Town to have input into its preparation at a formally noticed public hearing. The draft budget available at that time shall be approved by majority vote of the Commissioners. 2. Upon request by the Sewer Commission or Board having such authority, the Board of Selectmen or the Finance Committee of a Member Town, the Commission shall arrange to meet with said Boards/Committees to present and discuss the proposed draft budget at a joint meeting in that community. Meetings shall be noticed locally and on the Commission website. 3. In December or early January, the Commission shall conduct a joint three-town Board of Selectmen meeting to present the proposed annual draft budget and capital plan. This shall be a publicly noticed meeting pursuant to the requirements of section 20 of chapter 30A of Massachusetts General Law. A quorum for this meeting shall be at least two Selectmen from each town and at least a total of eight Selectmen from the three towns. The annual budget shall be deemed approved if a majority of the Selectmen present and voting so vote. If the Selectmen vote to reject the proposed budget, they shall state their specific reasons for doing so and the Commission shall be required to respond to those reasons and put forth a revised budget or respond accordingly to the reasons. A revised vote can take place at this meeting or another meeting can be conducted by the member towns in the same manner as provided herein. If no joint three-town Board of Selectmen meeting is held between November 1st and January 15th, then the proposed budget by the Commission shall be considered approved. 4. The Commission by January 15th shall adopt by a minimum of five positive votes a final operation and maintenance budget for the upcoming fiscal year which is reflective of key issues raised at the joint three-town Board of Selectmen meeting. 5. In the event the three town Board of Selectmen meeting does not affirmatively vote to adopt the Commission’s proposed budget by January 15th or if the Commission cannot obtain the required positive votes, the parties are required to follow the dispute resolution provisions of section 13.3 of this Agreement in an attempt to resolved the issues and to obtain the required approvals. In the event that the required approvals are not obtained by March 1st, the budget of the prior fiscal year shall remain in effect until such time as an agreement is reached.