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Moody's has assigned a Aa2 rating to Acton's general obligation bonds. It has also placed Acton on a 'watch' list for upgrading this rating, one of only 4 municipalities in the nation which now have this upgrade watch in effect. Each upgrade contributes to lower borrowing costs.

Moody's specifically makes note of the role of the Acton Leadership Group (ALG) in developing financial models in Acton's "prudent and forward-looking budgetary approach (which) positions the town to sustain a high level of financial flexibility and absorb anticipated revenue and expenditure pressures."

Bart Wendell, a town resident of, 24 years, facilitates meetings of this budget-planning group. The group is composed of representatives of the Board of Selectmen, the School Committee and the Finance Committee as well as the School Superintendent and Town Manager and staff.

ALG members meet monthly to coordinate and negotiate recommendations to be brought to their respective boards, which continue to hold the actual decision-making authorities. The attendance of the facilitator at all meetings is mandated under the ALG ground rules.

This is great confirmation for everyone involved in this Leadership Group. Good process pays.

Advantage Human Resourcing

America's Public Television Stations (APTS)

Armenian Assembly of America

Armenia Tree Project

California Community Foundation

Corporation for Public Broadcasting

Fidelity Investments

The First Years

The Ford Foundation

ideastream

Ipswitch

Johnson & Johnson

Liberty Mutual

Massachusetts General Hospital

Millipore

Mitre

More Than Money

National Public Broadcasting (NPR)

North East Solid Waste Collaborative (NESWC)

Northeast States for Coordinated Air Use Management (NESCAUM)

Public Broadcasting System (PBS)

The Penn Center

Social Investment Forum

United States Air Force Academy

Verizon (Nynex)

Warren Kimball Studios

WGBH, Boston

World-Links


Facilitating transitions, strategy and implementation at the executive and board levels

Wendell Management • 978-724-0400 • e-mail: bwendell@wendellmanagement.com
Petersham, Massachusetts