Agenda item transcription generated from the separated Town-posted agenda for search and navigation.
Note: See attached Council Rules and Procedures Document with this addition
Proposed Motion: Amend Town Council Rules & Procedures — Fiscal Impact and Tax
Impact Statements
Move that the Lincoln Town Council amend its Rules and Procedures by adding a new
section entitled “Fiscal Impact and Tax Impact Statements,” as presented, to require
written fiscal disclosure for agenda items involving expenditures or financial obligations
of five thousand dollars ($5,000) or more, with tiered requirements for items exceeding
twenty-five thousand dollars ($25,000).
‘This amendment is adopted for the purpose of improving fiscal transparency, ensuring
that the tax implications of Council actions are disclosed prior to Council votes, and
anchoring Council deliberations to their impact on taxpayers.
MOTION: SECOND: VOTE: