MINUTES OF THE NEWFANE SELECTBOARD
BUDGET MEETING
JANUARY 3, 2008
TOWN OFFICES
NEWFANE, VERMONT

PRESENT
Selectboard members: Joe Mandell, Dan Dewalt, Peter Rysz, Guy Wachtel
Also Present: Shannon Meckle, Administrative Assistant;
The meeting was called to order at 4:00 p.m. by Selectboard Chair, Joe Mandell

BUDGET
Board met to go over the expenditure portion of the budget.
Among the discussion was the topic of cost-of-living increases. After discussion, Joe Mandell made a motion to approve a 3.3 percent increase. Dan Dewalt seconded the motion. The vote was unanimous.

Guy Wachtel made a motion to put in the town report a warning in regards to replenishing the capital funds, as drafted by Dan Dewalt. Peter Rysz seconded. The vote was unanimous.

Peter Rysz made a motion to adjourn at 6:00 p.m. Guy Wachtel seconded. The vote was unanimous.

Respectfully Submitted,

Shannon Meckle, Administrative Assistant

Posted At: Town Clerk's Office, Newfane Store, Williamsville/South Newfane Post Office, and South Newfane General Store & Deli. www.newfanevt.com (after approval)