Fiscal & Budgetary Guidelines
Budget Development Policies continued
Revenues
� Intergovernmental Revenues and Grants : The Town shall aggressively seek a fair share of available local , state , federal , and private financial support unless conditions attached to that assistance are contrary to the Town ’ s interest . Prior to applying for and accepting such aid , the Town will examine the matching requirements so that the source and availability of these funds may be determined . The Town also shall assess the merits of a particular program as if it were funded with local tax dollars . Local tax dollars will not be used to make up for losses of such aid without first reviewing the program and its merits .
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Impact and Development Fees : The Town shall require new development activity to pay a fair share for new capital facilities or expansion of existing facilities necessitated by such new development . These fees shall not exceed a pro rata share of the reasonably anticipated cost of such improvements .
Expenditures
• Performance Measures : The Town will attempt to minimize the financial burden on the taxpayers through systematic program reviews and evaluations aimed at improving the efficiency and effectiveness of the Town programs and services . These reviews consider past trends and experiences elsewhere and revisions to annual budget guidelines and Council priorities based on current needs .
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