LIVERMORE — The Budget Committee and selectpersons will hold a third meeting at 6:30 p.m. Tuesday, March 29, to discuss the 2016-17 spending plan.

The meeting will be held at the Town Office.

The initial budget compiled by then-Administrative Assistant Carrie Castonguay was $3.58 million.

At the start of budget deliberations, Budget Committee member Warren Forbes presented a letter suggesting that spending goals include delivering services, investing in infrastructure, maintaining a positive workforce the town can afford, and paying for committed responsibilities such as insurance, county taxes and schools. He said the worst-case scenario should be a budget that’s the same as the current fiscal year and, if possible, reduce taxes.

Forbes suggested not spending on summer road improvements for a year and using that money to pay for a sand and salt shed. If that project costs $350,000 and the pays 37 percent, the town would be responsible for $220,500. If the total cost is $400,000, the local share would be $252,000.

Total interest on $285,000 over seven years would be $37,385.95. Interest over 10 years would be $56,135.14, his letter projects.

During the first two budget-setting sessions, the following actions were taken:

* The Legal Account reduced by $2,500.

* The Town Charges Account reduced $1,807

* The office equipment account cut $534.

* The agencies/charities requests cut $4,500.

* A 1 percent raise for Transfer Station two employees, increasing that line by $419.

The Budget Committee made no recommendation on the capital road improvement account. Selectpersons recommended spending $330,000 on road improvement projects.

Selectpersons raised the amount for debt service: $26,813 for the excavator purchased last year and $33,187 for a plow truck to replace one that won’t pass inspection.

In the town administration account, the Budget Committee recommended a 1 percent raise for office employees, eliminating the temporary position and reducing the treasurer’s hours. The total would be $128,622, compared to the initial figure of $144,027.

For the same account, selectpersons approved a 1 percent raise for employees, keeping the treasurer’s hours as is and reducing the temporary office position by $500. Their recommendation would be for $132,453.

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