BUDGET PUBLIC HEARING

TOWN OF FRYE ISLAND

September 1, 2007

Location: Community Center, Town of Frye Island

The meeting was called to order by Wayne Fournier at 9:50 AM

There were 28 Islanders and members of the BIT Executive Committee present for the presentation of the draft 2008 Town Budget by Town Manager Wayne Fournier. A paper copy of the draft budget was distributed to the attendees. There was a good exchange of questions and answers. Wayne indicated that as a result of this meeting elements of the budget will be revised and a second draft budget will be given to the Town Budget Committee for further refinement.

The meeting was adjourned at 11:58 AM