SAUGUS – Anyone hoping to see a bump in local services or an influx of school spending better look elsewhere because Town Manager Andrew Bisignani said the town has maxed out its spending limits.”There seems to be this expectation from everybody that we will be back to where we were before,” Bisignani said. “I think we’ve reached the point of maximized services with our limited resources.”Bisignani said he is concerned that residents believe the town will see a windfall if the $650,000-$750,000 deficit hanging over Kasabuski Arena is settled. He said if the deficit is resolved it won’t translate into additional public safety personnel or additional services.”If we do settle Kasabuski and are relieved of that burden, all the money saved will go to the School Department,” Bisignani said. “Hiring another five or six firefighters or nine or 10 police officers is not going to happen.”Even with additional funds possibly going to the School Department, Bisignani said it still won’t reach the level of funding it had four years ago and it isn’t likely to reach it any time soon.”We just don’t have enough revenue,” he said.As for $372,000 savings the town was supposed to realize from joining the state’s healthcare program, Bisignani said that too has gone.Bisignani said the healthcare savings was an estimate based on claims made through Dec. 31. However, several claims including one large one were filed in December and ate into the estimated savings. That, Bisignani admitted, is not good news for the Essex Street Fire Station or the Police and Fire Department overtime accounts, which were earmarked to receive the estimated $372,000 in savings.Bisignani said it is too early to say what the final impact will be, but the loss of funds could put the Essex Street station in jeopardy.Town Meeting member Raymond Lawrence heard Bisignani’s concerns during Wednesday’s Finance Committee meeting and said, while he wasn’t surprised, he was a little concerned.He said during a meeting last fall everyone was told the $372,000 was virtually a done deal and now it’s gone. That money was originally slated to pay for the teachers’ contract settlement.”What if we had used that,” Lawrence said. “We can only make decisions by what our leaders tell us and they told us the funds would be there.”Town Moderator Robert Long said the news was not a surprise to him either.”I agree with (Bisignani) we’re probably stretching the dollar as far as it will go,” he said.Long said he, like many town officials, had been hoping that 2009 would be a recovery year, a kick off to getting back to where they were financially.”Now it’s very doubtful. We’ll stay in the same position,” he said. Bisignani said while it’s not surprising news, he wants people to understand it is serious.”We’re at the level we’re going to be at for quite a while,” he said. “Until we get some new source of revenue, we may take a temporary step forward and we may take a temporary step backward but this is pretty much where we’ll stay.”