North

Andover

Town manager releases proposed budget

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Town Manager Reginald “Buzz” S. Stapczynski has released his proposed spending plan for fiscal 2015, which begins July 1. Stapczynski’s recommended budget shows an increase of $7 million, or 4.5 percent, to $164.6 million. The proposal is based on projections showing that new growth remains strong at $1.5 million. Under the proposal, the budgets for town departments and divisions will increase an average of 3.5 percent, mainly due to contractual obligations. Fixed costs total $26.4 million in the proposed budget, which is an increase of 4.3 percent over the current fiscal year; health insurance is the largest expense in this category. To view the budget proposal, visit the town website at www.andoverma.gov.

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