Openings on Financial Task Force

The Board of Selectmen is seeking volunteers to fill two seats on a new ad hoc committee that will be responsible for reviewing Belmont’s finances and developing a long-range spending plan. The Financial Task Force was established this year after the town had to take $2 million from its free-cash account to help balance its budget, Town Administrator David Kale said. The town gets most of its revenue from property taxes and state funding, he said, but its income has suffered in recent years amid state cuts in local aid. The task force is being asked to make long-term recommendations for increasing the town’s revenues and finding areas where officials can cut costs. Its findings will also help officials decide whether they should ask residents to raise taxes through a Proposition 2½ override. Joining the two citizen representatives on the 13-member task force will be Kale, a town assessor, a selectman, the town treasurer, the school district’s superintendent, a School Committee member, and a Capital Budget Committee member, among other officials. To find out more information or to apply for a seat, contact Kale at 617-993-2610 or selectmen@belmont-ma.gov , or visit the town’s website, www.belmont-ma.gov. Applications for the open seats on the panel are due by Friday.