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what_is_a_corporation_SLASH_what_is_a_corporation_DOT_mp3_00002.flac

with thousands of other legal persons is a part of our daily living it is a member of our society yet it is not simply this property nor is it a human being or a group of human being

With thousands of other legal persons, is a part of our daily living. It is a member of our society. Yet it is not simply this property, nor is it a human being or a group of human being.

what_is_a_corporation_SLASH_what_is_a_corporation_DOT_mp3_00003.flac

it is imperial steel company incorporated with stock owned by people in widely scattered places

It is Imperial steel company incorporated with stock owned by people in widely scattered places.

what_is_a_corporation_SLASH_what_is_a_corporation_DOT_mp3_00004.flac

single proprietor i ran the store the way i wanted to i could do as i pleased and i collected all the profits that's the way to run a business on your own

Single proprietor. I ran the store the way i wanted to. I could do as i pleased and i collected all the profits. That's the way to run a business on your own.

what_is_a_corporation_SLASH_what_is_a_corporation_DOT_mp3_00005.flac

cards for a share the profits and then there was johnson he could also invest a little money and his experience as a clothing buyer for another company made him a valuable partner too we knew they'd work hard for

Cards for a share the profits. And then there was Johnson. He could also invest a little money, and his experience as a clothing buyer for another company made him a valuable partner too. We knew they'd work hard for.

what_is_a_corporation_SLASH_what_is_a_corporation_DOT_mp3_00006.flac

the business because each had a personal interest in making it go as well as the ability to do the work that had to be done so you were partners in the fairview clothing store and with their cash in their help you were able to expand a

The business, because each had a personal interest in making it go, as well as the ability to do the work that had to be Done. So you were partners in the Fairview clothing store and with their cash, in their help, you were able to expand a.

what_is_a_corporation_SLASH_what_is_a_corporation_DOT_mp3_00007.flac

the store but i don't want this to happen again what can i do and i got rid of my partners almost all myself again you can afford to buy them out now you know and i

The store. But i don't want this to happen again. What can i do? And i got rid of my partners- almost all myself again. You can afford to buy them out now. You know and i.

what_is_a_corporation_SLASH_what_is_a_corporation_DOT_mp3_00008.flac

of paperwork red tape oh it does get a little complicated and you may as well know there are other disadvantages you'd be paying special taxes you'd be subject to new regulations but incorporating would give you the

Of paperwork, red tape, oh, it does get a little complicated. And you may as well know there are other disadvantages: you'd be paying special taxes, you'd be subject to new regulations, but incorporating would give you the.

what_is_a_corporation_SLASH_what_is_a_corporation_DOT_mp3_00009.flac

big advantage in what you want right now limited liability look here's how it works you start with a group of people who want to invest their money in a company then these

Big advantage in what you want right now: limited liability. Look, here's how it works. You start with a group of people who want to invest their money in a company, then these

what_is_a_corporation_SLASH_what_is_a_corporation_DOT_mp3_00010.flac

people apply for a charter as a corporation the state government issued a charter to that corporation now that corporation operates legally as an individual person it is not

People apply for a charter as a corporation. the state government issued a charter to that corporation. Now that corporation operates legally as an individual person. It is not.

what_is_a_corporation_SLASH_what_is_a_corporation_DOT_mp3_00011.flac

a group of people it is under the law a legal entity or the same as one person engaged in business and that person is responsible for the debts and

A group of people. It is, under the law, a legal entity or the same as one person engaged in business And That person is responsible for the debts and

what_is_a_corporation_SLASH_what_is_a_corporation_DOT_mp3_00012.flac

in this case and largest stockholder you can select the board of directors yourself and your partners who will vote to make you president of the corporation will uncomplicated but if you

In this case, and largest stockholder. You can select the board of directors yourself and your partners. Who will vote to make you president of the corporation will uncomplicated, but if you

what_is_a_corporation_SLASH_what_is_a_corporation_DOT_mp3_00013.flac

limited liability well and i think it's a good idea i do too as a matter of fact i was thinking i'd like to put some money into fairview clothing store incorporated it looks like a good investment to me

Limited liability well, and i think it's a good idea. I do too. As a matter of fact, i was thinking i'd like to put some money into Fairview Clothing Store incorporated. It looks like a good investment to me.

what_is_a_corporation_SLASH_what_is_a_corporation_DOT_mp3_00014.flac

public it is known as an open corporation like many large open corporations imperials still is not controlled by any one person stock shares are bought and sold as large and small investments of many people

Public it is known as an open corporation. like many large open corporations, Imperials still is not controlled by any one person. Stock shares are bought and sold as large and small investments of many people.

way_you_want_it_SLASH_way_you_want_it_DOT_mp3_00000.flac

to you said your motor was running rough your chevrolet serviceman welcomes all of the information you can get about the way your car is behaving as against the performance standards you set for it but before he starts to do any actual work

To you said your motor was running rough. Your Chevrolet serviceman welcomes all of the information you can get about the way your car is behaving as against the performance standards you set for it, but before he starts to do any actual work,

way_you_want_it_SLASH_way_you_want_it_DOT_mp3_00001.flac

special machine or tool for every job whether it's valerie facing are holding a cylinder wall you can depend on the job being done to factory standards of quality and accuracy natural a parts do wear out under

Special machine or tool for every job. Whether it's Valerie facing are holding a cylinder wall, you can depend on the job being done to factory standards of quality and accuracy. natural a parts do wear out under.

way_you_want_it_SLASH_way_you_want_it_DOT_mp3_00002.flac

a well stocked parts department places genuine chevrolet replacement parts and your service man's fingertips there and you can find the right parts for your year and model chevrolet part identical to that which was used when your chevrolet was built

A well stocked parts department places genuine Chevrolet replacement parts and your service man's fingertips there and you can find the right parts for your year and model Chevrolet part identical to that which was used when your Chevrolet was built.

what_it_means_to_be_an_american_SLASH_what_it_means_to_be_an_american_DOT_mp3_00000.flac

education and individual freedom how do americans live they live in many types of communities as an american perhaps you live on a new england farm where through the years your ancestors have added many

Education and individual freedom. How do Americans live? They live in many types of communities. As an American, perhaps you live on a new England farm where, through the years, your ancestors have added many.

what_it_means_to_be_an_american_SLASH_what_it_means_to_be_an_american_DOT_mp3_00001.flac

rooms to the original house

Rooms to the original house.

what_it_means_to_be_an_american_SLASH_what_it_means_to_be_an_american_DOT_mp3_00002.flac

or even a town like salem massachusetts that is rich in american folklore

Or even a town like Salem, Massachusetts, that is rich in american folklore.

what_it_means_to_be_an_american_SLASH_what_it_means_to_be_an_american_DOT_mp3_00003.flac

perhaps you live in a large city like new york or in philadelphia in a house of native stone or in charleston south carolina with its historical harbor and typical colonial homes

Perhaps you live in a large city like New York, or in Philadelphia in a house of native stone, or in Charleston, South Carolina, with its historical harbor and typical colonial homes.

what_it_means_to_be_an_american_SLASH_what_it_means_to_be_an_american_DOT_mp3_00004.flac

southerners are famous for their charm and gracious living wherever you live in america the ideals of your parents will be much the same

Southerners are famous for their charm and gracious living. wherever you live in America, the ideals of your parents will be much the same.

what_it_means_to_be_an_american_SLASH_what_it_means_to_be_an_american_DOT_mp3_00005.flac

you may live near miami florida

You may live near Miami, Florida.

what_it_means_to_be_an_american_SLASH_what_it_means_to_be_an_american_DOT_mp3_00006.flac

or you may live in our great midwest or in the west in colorado springs or denver

Or you may live in our great midwest or in the west, in Colorado Springs or Denver.

what_it_means_to_be_an_american_SLASH_what_it_means_to_be_an_american_DOT_mp3_00007.flac

or in a desert home near tucson arizona built to withstand the desert heat or in the far west in california the shady street in laramie wyoming is typical of the way many of us live the

Or in a desert home near Tucson, Arizona, built to withstand the desert heat, or in the Far West in California. The shady street in Laramie, Wyoming, is typical of the way many of us live. the

what_it_means_to_be_an_american_SLASH_what_it_means_to_be_an_american_DOT_mp3_00008.flac

according to the needs of that part of the country

According to the needs of that part of the country.

what_it_means_to_be_an_american_SLASH_what_it_means_to_be_an_american_DOT_mp3_00009.flac

sacramento california

Sacramento California.

what_it_means_to_be_an_american_SLASH_what_it_means_to_be_an_american_DOT_mp3_00010.flac

frankfort kentucky

Frankfort, Kentucky.

what_it_means_to_be_an_american_SLASH_what_it_means_to_be_an_american_DOT_mp3_00011.flac

austin texas providence rhode island we are governed both by our national government and by our state government and this tends to keep us from having too strong a centralized

Austin, Texas, Providence Rhode Island. We are governed both by our national government and by our state government, and this tends to keep us from having too strong a centralized

what_it_means_to_be_an_american_SLASH_what_it_means_to_be_an_american_DOT_mp3_00012.flac

government austin has many historical places dear to all americans while our people have great independence we are closely united in a common colorful history that famous boston commons

Government Austin has many historical places dear to all Americans. while our people have great independence, we are closely united in a common, colorful history, that famous Boston commons.

what_it_means_to_be_an_american_SLASH_what_it_means_to_be_an_american_DOT_mp3_00013.flac

tourists from all over america visit paul revere's home every child knows the story of how the lantern was hung in this people of this north church to give paul revere the signal to

Tourists from all over America visit Paul Revere's home. Every child knows the story of how the lantern was hung in this people of this North Church to give Paul Revere the signal to.

what_it_means_to_be_an_american_SLASH_what_it_means_to_be_an_american_DOT_mp3_00014.flac

when children see this statue of paul revere they like to imagine how he rode bravely through the night a teacher has taken her class to visit the beloved church and climb up into that famous steeple

When children see this statue of Paul Revere, they like to imagine how he rode bravely through the night. A teacher has taken her class to visit the beloved church and climb up into that famous steeple.

what_it_means_to_be_an_american_SLASH_what_it_means_to_be_an_american_DOT_mp3_00015.flac

but something that is very unusual in other countries is happening in the church courtyard men are discussing politics and saying what they think and every day seen in america in many countries of the world this seems good not

But something that is very unusual in other countries is happening. In the church courtyard. Men are discussing politics and saying what they think, and every day seen in America. in many countries of the world this seems good, not.

what_it_means_to_be_an_american_SLASH_what_it_means_to_be_an_american_DOT_mp3_00016.flac

by the beauty of the mountain peaks

By the beauty of the mountain peaks.

what_it_means_to_be_an_american_SLASH_what_it_means_to_be_an_american_DOT_mp3_00017.flac

in america there is a car for about every four people so that many families take trips to different parts of the country they learn to know their country and what the people in other states think and do in europe and the orient cars are great

In America there is a car for about every four people, so that many families take trips to different parts of the country. They learn to know their country and what the people in other states think and do. in Europe and the orient, cars are great.

what_it_means_to_be_an_american_SLASH_what_it_means_to_be_an_american_DOT_mp3_00018.flac

luxuries and motor trips are not possible for the average family and american takes for granted the freedom to comment goal and to do it he pleases a freedom that is most unusual in a world of today

Luxuries and motor trips are not possible for the average family, and American takes for granted the freedom to comment goal and to do it he pleases, a freedom that is most unusual in a world of today.

what_it_means_to_be_an_american_SLASH_what_it_means_to_be_an_american_DOT_mp3_00019.flac

let's look in on a typical american family on a north western fruit farm and see how little americans start out in life it is sunday and the kings plan to stay home and relax with their children terry seven

Let's look in on a typical american family on a north western fruit farm and see how little Americans start out in life. It is Sunday and the Kings plan to stay home and relax with their children, Terry seven.

what_it_means_to_be_an_american_SLASH_what_it_means_to_be_an_american_DOT_mp3_00020.flac

johnny four and paul the baby they make themselves comfortable around this am bio and everything seems happy and serene but only for a moment that kings try it first to

Johnny four and Paul the baby. They make themselves comfortable around. This am Bio and everything seems happy and serene, but only for a moment that kings try it first to

we_the_people_SLASH_we_the_people_DOT_mp3_00000.flac

i'm opposed to business monopolies i believe in the right of collective bargaining by labor without any interference and protection of that obvious right i believe in minimum standards for wages and

I'm opposed to business monopolies. I believe in the right of collective bargaining by labor without any interference, and protection of that obvious right. I believe in minimum standards for wages and

we_the_people_SLASH_we_the_people_DOT_mp3_00001.flac

maximum standards for hours and i believe that such standards should constantly improve i am in favor of the regulation of interstate futilities a banking of the security market i believe in federal pension

Maximum standards for hours, and i believe that such standards should constantly improve. I am in favor of the regulation of interstate futilities, a banking of the security market. I believe in federal pension.

we_the_people_SLASH_we_the_people_DOT_mp3_00002.flac

adequate old age benefits and unemployment allowances i believe that the federal government owes a duty to adjust the position of the farmer with that of the manufacture if this cannot be done by parity

Adequate old age benefits and unemployment allowances. I believe that the federal government owes a duty to adjust the position of the farmer with that of the manufacture if this cannot be done by parity.

we_the_people_SLASH_we_the_people_DOT_mp3_00003.flac

prices and some other method must be found without too much regimentation of the farmers a fact i believe in they encourage amount of cooperative buying and selling and in the full extension of rural electrification

Prices and some other method must be found without too much regimentation of the farmers, a fact i believe in. They encourage amount of cooperative buying and selling and in the full extension of rural electrification.

we_the_people_SLASH_we_the_people_DOT_mp3_00004.flac

stand for the restoration of all production and reemployment in american private enterprise present administration has spent sixty billion dollars the new deal stands for doing what has to

Stand for the restoration of all production and reemployment in american private enterprise. Present administration has spent sixty billion dollars. The new deal stands for doing what has to.

we_the_people_SLASH_we_the_people_DOT_mp3_00005.flac

be done by spending as much money as possible i propose to do it by spending as little money as possible this is one issue in this campaign that i intend to make crystal clear they part of the conclusion of the campaign

Be done by spending as much money as possible. I propose to do it by spending as little money as possible. This is one issue in this campaign that i intend to make crystal clear. They Part Of the conclusion of the campaign.

wc1252013-CL10_SLASH_wc1252013-CL10_DOT_mp3_00000.flac

asked to look at is take a look at what we collected in actual revenues versus what we budgeted and obviously we collect more revenues from this category that we actually budget and that's actually a good thing because if the revenues go away it's going to be less of

Asked to look at is: take a look at what we collected in actual revenues versus what we budgeted, and obviously we collect more revenues from this category that we actually budget, and that's actually a good thing, because if the revenues go away, it's going to be less of.

wc1252013-CL10_SLASH_wc1252013-CL10_DOT_mp3_00001.flac

are going to boot during as many renovations they're not going to tear down houses or rebuild them and the like so i think the the thing that you would not want to do is over a project that revenue would not be able to realize the revenues in the fiscal year

Are going to boot during as many renovations they're not going to tear down houses or rebuild them and the like. So i think the the thing that you would not want to do is over a project that revenue would not be able to realize the revenues in the fiscal year.

wc1252013-CL10_SLASH_wc1252013-CL10_DOT_mp3_00002.flac

which translates into increase in permit fees so i again i think this is one of the revenues if you budget it to the max and you don't realize it and that's a very variable type of revenue as i

Which translates into increase in permit fees. So i again, i think this is one of the revenues- if you budget it to the max and you don't realize it- and that's a very variable type of revenue, as i.

wc1252013-CL10_SLASH_wc1252013-CL10_DOT_mp3_00003.flac

the country club because it would be for single family homes

The country club because it would be for single family homes.

wc1252013-CL10_SLASH_wc1252013-CL10_DOT_mp3_00004.flac

turn into tax revenue immediately but it is an indication whether it's up twenty percent or down twenty percent or the same as last year it's an indication of what the economy is looking like right now i guess in talking clancy

Turn into tax revenue immediately. But it is an indication whether it's up twenty percent or down twenty percent or the same as last year. It's an indication of what the economy is looking like right now. I guess in talking Clancy.

wc1252013-CL10_SLASH_wc1252013-CL10_DOT_mp3_00005.flac

villages well we've put right next to it that that's why it went the estimate went up that year so that people understood that was a one time thing and we could we could use the money the year it was the wellington it was the same thing we knew wellington

Villages. Well, we've put right next to it that. That's why it went. The estimate went up that year so that people understood that was a one time thing and we could. We could use the money. The year it was the Wellington, it was the same thing. We knew Wellington.

wc1252013-CL10_SLASH_wc1252013-CL10_DOT_mp3_00006.flac

x you're not going to see the revenue in one lump sum it's going to be in a phased in process so i guess maybe this is a good segue to maybe talk have your sessions do because one of the questions that was raised last time was about the new growth

X. you're not going to see the revenue in one lump sum, it's going to be in a phased in process. So i guess maybe this is a good segue to maybe talk have your sessions do, because one of the questions that was raised last time was about the new growth.

wc1252013-CL10_SLASH_wc1252013-CL10_DOT_mp3_00007.flac

well is kind of dry right now you know david has about four hundred fifty thousand estimated for fourteen and he has three seventy eight estimated for thirteen you know from a textile

Well, is kind of dry right now. You know, David has about four hundred fifty thousand estimated for fourteen, and he has three seventy eight estimated for thirteen. you know, from a textile.

wc1252013-CL10_SLASH_wc1252013-CL10_DOT_mp3_00008.flac

having budgets come together that looked very painful particularly on the school side and then in may showing up and saying just for a moment we've got another four hundred thousand dollars here

Having budgets come together. That looked very painful, particularly on the school side, and then in may showing up and saying: just for a moment, we've got another four hundred thousand dollars here.

wc1252013-CL10_SLASH_wc1252013-CL10_DOT_mp3_00009.flac

is not i think going to lead to the best outcome a better outcome is certainly to balance the cost of overestimating and underestimating and lay out a reasonable

Is not, i think, going to lead to the best outcome. A better outcome is certainly to balance the cost of overestimating and underestimating and lay out a reasonable

western_mail_SLASH_western_mail_DOT_mp3_00000.flac

like stealing the mayo as that's federal you might get away with it for a while but they'll get a sooner or later this is a nice time to start worrying about it the males are real business i know that's why i'm talking about it we'd better stop

Like stealing the Mayo. As that's federal, you might get away with it for a while, but they'll get a sooner or later. This is a nice time to start worrying about it. The males are real business, i know. That's why i'm talking about it. We'd better stop.

western_mail_SLASH_western_mail_DOT_mp3_00001.flac

i wonder if i did right by cutting here man

I wonder if i did right by cutting here man.

western_mail_SLASH_western_mail_DOT_mp3_00002.flac

who might you be well i could be sitting bull but i'm not at all he is thank you very much

Who might you be? Well, i could be sitting bull, but i'm not at all he is. Thank you very much.

western_mail_SLASH_western_mail_DOT_mp3_00003.flac

i think a little better

I think a little better.

western_mail_SLASH_western_mail_DOT_mp3_00004.flac

but you told me you didn't have anybody working for you well i'm going away just got back you need money maybe we could use

But you told me you didn't have anybody working for you. well, i'm going away, just got back. You need money. Maybe we could use.

western_mail_SLASH_western_mail_DOT_mp3_00005.flac

you take pretty good care of the gun i take pretty good care

You take pretty good care of the gun. I take pretty good care.

western_mail_SLASH_western_mail_DOT_mp3_00006.flac

mail he gets his money back and the insurance not a bad little business if you can get away with this god we're going to have to have a little bigger split this time i've got two new men on the outside sure they're all right ross they're all right you know i'm always careful

Mail, he gets his money back and the insurance. Not a bad little business if you can get away with this, God. We're going to have to have a little bigger split this time. I've got two new men on the outside. sure, they're all right, Ross, they're all right. You know, i'm always careful.

way_of_the_west_SLASH_way_of_the_west_DOT_mp3_00000.flac

you know i've enjoyed working here for your father he's played a lot of confidence in me and you've been pretty nice yourself well we like you while we feel much safer with you around

You know i've enjoyed working here for your father. He's played a lot of confidence in me and you've been pretty nice yourself. Well, we like you, while we feel much safer with you around.

way_of_the_west_SLASH_way_of_the_west_DOT_mp3_00001.flac

my dear mr hart i suppose you want to know why i wanted to see it i have a pretty good idea when you see you have the reputation for doing the job cleanly and

My dear Mr Hart, i suppose you want to know why i wanted to see it. I have a pretty good idea when you see you have the reputation for doing the job cleanly and

way_of_the_west_SLASH_way_of_the_west_DOT_mp3_00002.flac

thoroughly without any annoyance afterward cut out the prey and let's get down to business but your proposition well i suppose you know that the government controls all of the best grazing land in this country

Thoroughly, without any annoyance afterward, cut out the prey and let's get down to business. But your proposition? Well, i suppose you know that the government controls all of the best grazing land in this country.

way_of_the_west_SLASH_way_of_the_west_DOT_mp3_00003.flac

you want to see someone here

You want to see someone here.

way_of_the_west_SLASH_way_of_the_west_DOT_mp3_00004.flac

or you know just the foreman of this ranch my dealings with the boss and i'm not showing anything then you're not seeing any sheep

Or you know, just the foreman of this ranch, my dealings with the boss, and i'm not showing anything, then you're not seeing any sheep.

warrant_122116_SLASH_warrant_122116_DOT_mp3_00000.flac

so the document i passed up the last page the revenues have been listed in the increases to those revenues from fiscal seventeen and at the bottom if this fund for you

So the document. I passed up the last page. The revenues have been listed in the increases to those revenues from fiscal seventeen and at the bottom. if this fund for you.

warrant_122116_SLASH_warrant_122116_DOT_mp3_00001.flac

what we at this point expect the budgets to be for the school in the town or use the financial taskforce model as a guide to start the

What we at this point expect the budgets to be for the school in the town, or use the financial taskforce model as a guide to start the

warrant_122116_SLASH_warrant_122116_DOT_mp3_00002.flac

to sixteen seventeen eighteen and nineteen think that's generally has been the promise that has been talked about since last spring to basically least get through fiscal nineteen without requesting another operating

To sixteen, seventeen, eighteen and nineteen- think that's generally has been the promise that has been talked about since last spring to basically least get through fiscal nineteen without requesting another operating.

warrant_122116_SLASH_warrant_122116_DOT_mp3_00003.flac

nineteen we were projecting a seven point seven million dollars shortfall we got a four point five million dollars overall so just in terms of context clearly we were trying to find a balance between what our

Nineteen, we were projecting a seven point seven million dollars shortfall. We got a four point five million dollars overall. So just in terms of context, clearly we were trying to find a balance between what our

warrant_122116_SLASH_warrant_122116_DOT_mp3_00004.flac

projection showed versus what we thought would be a reasonable acceptable number to the voters so that just to keep that in context this is the beginning of the process there will be many

Projection showed versus what we thought would be a reasonable, acceptable number to the voters. So that, just to keep that in context, this is the beginning of the process. There will be many.

warrant_122116_SLASH_warrant_122116_DOT_mp3_00005.flac

already so there there continues to be a very close working relationship between the schools and the towns to basically make sure that we're sharing information to make sure that we're both on the same page and we understand what the goal is as i said just sort of have a framework were

Already. So there there continues to be a very close working relationship between the schools and the towns to basically make sure that we're sharing information, to make sure that we're both on the same page and we understand what the goal is. as i said, just sort of have a framework were.

warrant_122116_SLASH_warrant_122116_DOT_mp3_00006.flac

terms of revenues for using two point two million dollars of the general stabilization fund at the end of this fiscal year to be approximately three million dollars as you recall the first year of

Terms of revenues for using two point two million dollars of the general stabilization fund at the end of this fiscal year, to be approximately three million dollars. As you recall, the first year of

warrant_122116_SLASH_warrant_122116_DOT_mp3_00007.flac

eighteen this is the first year we're using funds from the general stabilization fund i would i would always point out that clearly the three million

Eighteen. This is the first year we're using funds from the General Stabilization Fund. I would i would always point out that clearly the three million

warrant_122116_SLASH_warrant_122116_DOT_mp3_00008.flac

dollars is one time funds so what we use in fiscal eighteen to balance the budget we need to have the same amount in fiscal nineteen otherwise we will have a revenue

Dollars is one time funds, so what we use in fiscal eighteen to balance the budget, we need to have the same amount in fiscal nineteen, otherwise we will have a revenue.

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shortfall from that revenue source in the general stabilization fund can't spend the same money twice so our goal would be basically to try to be in a position for fiscal eighteen to use about a million five from the

Shortfall from that revenue source in the general Stabilization Fund can't spend the same money twice, so our goal would be basically to try to be in a position for fiscal eighteen to use about a million five from the

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general stabilization fund of the three million so that we could use an additional one point five in fiscal nineteen to have it the same number because if we use more in this fiscal year we won't have the funds in the bank in the general stabilization times the

General stabilization fund of the three million so that we could use an additional one point five in fiscal nineteen to have it the same number, because if we use more in this fiscal year we won't have the funds in the bank in the general stabilization times. The

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same amount in fiscal nineteen so with that being said while the budget is a balance we're proceeding with an attitude that we need to find between combinations of

Same amount in fiscal nineteen. So, with that being said, while the budget is a balance, we're proceeding with an attitude that we need to find between combinations of.

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basically we can submit a budget in february that only uses one point five million from the general stabilization fund instead of two point two so that we basically will have the same amount available in fiscal nineteen

Basically we can submit a budget in February that only uses one point five million from the General Stabilization Fund instead of two point two, so that we basically will have the same amount available in fiscal nineteen.

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with regard to new growth in january of two thousand and seventeen the board of assessors will provide us an updated estimate of new growth as you recall for last two years they've

With regard to new growth, in January of two thousand and seventeen, the Board of Assessors will provide us an updated estimate of new growth. as you recall, for last two years they've

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given us a memo that talked about what i would call the traditional new growth of about five hundred thousand dollars and an estimate of additional new growth from the three major projects that are being developed in to

Given us a memo that talked about what i would call the traditional new growth of about five hundred thousand dollars and an estimate of additional new growth from the three major projects that are being developed in to.

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point six million of that that authorized debt well with added costs in the construction of the substation and stars share balloon to forty five million

Point six million of that, that authorized debt. Well, with added costs in the construction of the substation. And Stars Share balloon to forty five million.

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dollars and so we did close last week and we did get forty five million from and start to cover the construction costs and part of that will be used to retire our short term debt the twenty seven point

Dollars, and so we did close last week and we did get forty five million from and start to cover the construction costs, and part of that will be used to retire our short term debt. The twenty seven point:

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six million leaving us with long term debt of twenty six point zero point one billion now we were supposed to close will number one i should say was very important to close before december thirty first so that the

Six million, Leaving us with long term debt of twenty six point zero point one billion. Now we were supposed to close will number one, i should say was very important to close before December thirty first, so that the

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satisfy that requirement but the second important thing is when the when the selectmen had met about a week we can a half earlier to sign the documentation we were presented with an asset purchase

Satisfy that requirement. But the second important thing is when the when the selectmen had met about a week, we can a half earlier to sign the documentation we were presented with an asset purchase.

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costs intangible costs and the selectmen at the table you know were able to catch that and say hey wait a minute if these are non property intentional costs are we going to be able to tax them or is this document

Costs, intangible costs, and the selectmen at the table you know were able to catch that and say, hey, wait a minute. if these are non property intentional costs, are we going to be able to tax them, or is this document?

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we were able to revise the agreement to make it clear that that that this purchase price in effect i'm paraphrasing that this purchase price

We were able to revise the agreement to make it clear that that that this purchase price. In effect, i'm paraphrasing that: this purchase price.

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not met the benchmarks completely if you also read read lottery sales are flat or below expectations so it will be interesting to see when the budget is submitted in

Not met the benchmarks completely. If you also read: read lottery sales are flat or below expectations. so it will be interesting to see when the budget is submitted in.

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regional agreement but also to shake out a fewer number of students are coming from out of district which are again if you have a budget they pay tuition but if the number of districts students who are paying tuition drops that's going

Regional agreement, but also to shake out. A fewer number of students are coming from out of district, which are again. If you have a budget, they pay tuition, but if the number of districts, students who are paying tuition drops, That's going.

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budget we put that on the table can the projections now because we think that's a reality we clearly understand that in roma continues to grow the budget for eighteen does include the five new positions so as part of the overall we

Budget. We put that on the table. Can the projections now, because we think that's a reality. We clearly understand that in Roma continues to grow. The budget for eighteen does include the five new positions, so as part of the overall we.

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ue for fiscal eighteen because if we want the modulars available for use at the beginning of the school year for eighteen nineteen there is a significant several months time that needs to be accounted for

Ue for fiscal eighteen, because if we want the modulars available for use at the beginning of the school year for eighteen, nineteen, there is a significant several months time that needs to be accounted for.

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and then maybe we do a combination of allocation of one time monies and bonding the rest but i guess the only comment is that we're going to have to find a way to find the money to purchase the

And then maybe we do a combination of allocation of one time monies and bonding the rest. But i guess the only comment is that we're going to have to find a way to find the money to purchase the.

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eighteen because there is a several month lead time to actually have them put on the site so even though we don't need them for next school year we're going to have to pay for a lot of the eighteen budget then there's always capital needs that always

Eighteen because there is a several month lead time to actually have them put on the site. So even though we don't need them for next school year, we're going to have to pay for a lot of the eighteen budget. then there's always capital needs. That always.

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increases to save some of our general stabilization money hopefully we will get some additional revenue for the revised new growth projections and state a generally and so what happens if those things

Increases to save some of our general stabilization money. hopefully we will get some additional revenue for the revised new growth projections and state a generally. And so what happens if those things?

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don't all pan out the way we will like them to do so if you take the three million we've got in the general stabilization fund and you make the assumption that we use the two point two to balance fiscal eighteen that leads you point eight

Don't all pan out the way we will like them to do. So if you take the three million we've got in the general Stabilization Fund and you make the assumption that we use the two point two to balance fiscal eighteen, that leads you point eight.

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eight hundred thousand so what that means is in order to use the same two point two million in fiscal nineteen just as a starting point we're going to have to find a million for and obviously the fallback and the worst case scenario if we're having a good

Eight hundred thousand. So what that means is, in order to use the same two point, two million in fiscal nineteen, just as a starting point, we're going to have to find a million for and obviously the fallback and the worst case scenario if we're having a good

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revenue year and we don't have many hits to our free cash might be to do what we did last year which is make an allocation from free cash to the general stabilization fund for some amounts of money that will allow you to use the

Revenue year and we don't have many hits to our free cash, might be to do what we did last year, which is make an allocation from free cash to the general stabilization Fund for some amounts of money that will allow you to use the

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years from like two point five two point six million to one point five million i mean to one point seven million why wouldn't you take it down to one point five or more or leave it at one point seven because historically we have replenished those

Years, from like two point five, two point six million to one point five million, i mean to one point seven million. Why wouldn't you take it down to one point five or more or leave it at one point seven? Because historically we have replenished those.

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funds that i know that you know free cash i've heard the story on how we generate free cash and that we need to generate that but we need budget in order to budget conservatively because we need to do that and our free cash

Funds, that i know that you know Free cash. I've heard the story on how we generate free cash and that we need to generate that, but we need budget in order to budget conservatively, because we need to do that and our free cash.

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question so i will have to can just so so i guess that's the fallback i guess also for the fiscal nineteen budget if all things hold true with our projections and our revenues even

Question. So i will have to can just so. So i guess that's the fallback, i guess also for the fiscal nineteen budget, if all things hold true with our projections and our revenues even.

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we are able to keep the stabilisation usage at the same level for both years and again just to remind folks when we did our projections as part of the override conversation we were projecting

We are able to keep the stabilisation usage at the same level for both years. And again, just to remind folks, when we did our projections as part of the override conversation, we were projecting