Article 11

Shall the Town vote to raise and appropriate the sum of $125,000 to be placed in the compensated absence fund for the purpose of disbursing accrued earned time (annual vacation and sick leave) to terminating employees as required by law and/or negotiated contracts? The balance of the fund is currently $11,873.28. The total current liability is approximately $636,979.36. (Recommended by Selectmen) (Recommended by Budget Committee)

Status

• Originator: Board of Selectmen
• Board of Selectmen: 5-0-0
• Budget Committee: 10-0-0
• Town Meeting: no changes made during the Deliberative session

Voter's Guide Explanation

Employees accumulate vacation and personal time, and they are allowed by contract to carry a portion over from year to year. When the employee terminates employment or retires, local contracts and state law require balances to be paid in a lump sum. Although the amount is limited per employee, the total when considering all 67 full-time employees is substantial. The town funds this liability annually and needs to replenish the fund balance due to a series of retirements and employee turnover.

Backup Data

Employees accumulate vacation time, and they are allowed by contract to carry a portion over from year to year. When the employee terminates employment or retires, local contracts and state law require balances to be paid in a lump sum. Although the amount is limited per employee, the total when considering all 67 full-time employees is substantial. The town funds this liability annually and needs to replenish the fund balance due to a series of retirements and employee turnover.