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NARRAGANSETT â The town has a proposed general fund budget of $52.8 million for fiscal year 2015, the town manager told the school committee at a work session Monday.
Town Manager Pamela Nolan said that like the school departmentâs budget, the townâs budget has also been impacted by the townâs need to move toward fully funding the pension systemâs annual required contribution, or ARC. Nolan said the town has cut capital expenses in an effort to move the townâs pension system out of âcriticalâ status.
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