As we ready for Town Meeting on May 16, 2023, the Town will be presenting information every day on different warrant articles.
Article 29: Transfer to Capital Stabilization
The Town is requesting to transfer $350,000 into the Town’s Capital Stabilization Account. The Capital Stabilization account is the town’s savings account to purchase capital items. The purpose of this stabilization fund is to accumulate money in order to purchase larger capital items without relying on debt. To appropriate from the Town’s Stabilization account requires a 2/3rd vote of Town Meeting. Currently we are saving money in this account to use to fund the design of projects for Facilities Master Plan 2. At the end of Town Meeting, the Town will have close to $6 million dollars in this account.
To learn more about Stabilization funds visit: https://www.mass.gov/files/documents/2017/09/11/igr17-20.pdf
[NA Stevens Library News] Book Sale this Weekend!
Join us at the North Andover Historical Society , 800 Massachusetts Ave in North Andover (across from the Common)
Fill a bag for $12!*
We will have a selection of special books individually priced between $1 and $10 – but for all others, you can fill a bag we provide for one flat price!
Friday, 5/5: 4 PM – 7 PM
Saturday, 5/6: 9 AM – 4 PM
Sunday, 5/7: 12 PM – 3 PM
*We provide the bags. You fill them with all the books, movies, music you can fit. Sunday price drops to $10 per bag!
Town Meeting Warrant Article of the Day: Article 28: Transfer to Stabilization
As we ready for Town Meeting on May 16, 2023, the Town will be presenting information every day on different warrant articles.
Article 28: Transfer to Stabilization
The Town is requesting to transfer $299,567 to the Stabilization Account. The Stabilization Account is the Town’s savings account. The Town saves money there to be used in emergencies. Some like to refer to the account as the rainy day fund. The Town has financial policies in place that advise the town to maintain 5% of General Fund revenues in the Stabilization Account. After this year’s transfer, the Town will have over $5,600,000 in the fund. To appropriate from the Town’s Stabilization account requires a 2/3rd vote of Town Meeting.
To learn more about Stabilization Funds visit: https://www.mass.gov/files/documents/2017/09/11/igr17-20.pdf
GovDeals Online Auction Items
Proposed Real Estate Tax Exemption Articles
Town Meeting Warrant Article of the Day: Article 27: Transfer funds from overlay surplus to Fiscal Year 2024 General Fund
As we ready for Town Meeting on May 16, 2023, the Town will be presenting information every day on different warrant articles.
Article 27: Transfer funds from overlay surplus to Fiscal Year 2024 General Fund
The overlay account is a special account under the control of the Board of Assessors and is used to pay for tax abatements and tax exemptions. Annually, the Board of Assessors may release any surplus funds not needed in that account. Once those funds are released, they can be appropriated by Town Meeting for a specific purpose. The $190,000 being released will be used to pay for one time expenses by the Assessing Department.
Your Input is Needed! Downtown Shared Use Path Survey
Town Meeting Warrant Article of the Day: Article 25 and 26
As we ready for Town Meeting on May 16, 2023, the Town will be presenting information every day on different warrant articles.
Article 25 and 26: Stevens Estate Special Purpose Revolving Fund and Transfer of funds not to exceed $480,000.00 from free cash to FY2023 General Fund
Over the last year, the Town has successfully transitioned the everyday management of the Stevens Estate to Fireside Catering. The Department of Revenue has advised the Town to create a special purpose revolving fund, which requires the State legislature’s approval. These articles create that revolving account and transfer the funds used this year to make repairs and renovations on the estate. The funds being transferred are funds that were already attributed to the Stevens Estate.
Reminder: The last day to register to vote for the Annual Town Meeting is Saturday, May 6 at 5 p.m.
Town Meeting Warrant Article of the Day: Articles 22, 23, & 24
As we ready for Town Meeting on May 16, 2023, the Town will be presenting information every day on different warrant articles.
Article 22: Appropriation – General Fund for Fiscal Year 2024
Article 23: Appropriation – Water Enterprise Fund for Fiscal Year 2024
Article 24: Appropriation – Sewer Enterprise Fund for Fiscal Year 2024
These articles are the Budget articles of Town Meeting and include the regular operating budget, as well as the Town's two enterprise funds (Water and Sewer).
More information on the Town's budgets can be found here:
https://drive.google.com/drive/folders/1MDWJBzmPa5dAcggAAUBI6PZQwaqv5jtd
To learn more about Enterprise Funds generally please visit: https://www.mass.gov/doc/enterprise-funds/download
