FINANCE COMMITTEE MINUTES
April 4, 2006

 

MEMBERS PRESENT:             Chairman, Paul Tsatsos

                                                  Vice-Chairman, Rich Buley                                                       

                                                   Jim Papai

                                                   Dave Kononitz

                                                   Linda Bathel

                                      

OTHER MEMBERS PRESENT:  Linda Carr, Town Accountant

                                                       Robin Solek, Secretary

 

MEMBERS NOT PRESENT:      Patti Dunn-O’Connell

                                                      Robert Horacek                                                                        

                                               

The scheduled meeting of the Finance Committee was called to order at 6:35 p.m. by Chairman, P. Tsatsos.

 

The next scheduled Finance Committee meeting will be April 20, 2006 at 6:00 p.m.

 

The Finance Committee reviewed the memo sent from Chief Administrative Officer, Karl J. Stinehart regarding Supplemental Appropriations. A MOTION was made by J. Papai, seconded by D.Kononitz (Vote-Unanimous) to appropriate funds to the Reserve Fund Transfer for shortfalls from surplus accounts.

 

A MOTION was made by J. Papai, seconded by R. Buley (Vote-Unanimous) to approve a Reserve Fund Transfer in the amount of $3,273.75 for the Library Utilities line item.

 

A MOTION was made by J. Papai, seconded by R. Buley (Vote-Unanimous) to approve a Reserve Fund Transfer in the amount of $15,000.00 for the Gas and Oil line item for Town Complex.

 

A MOTION was made by J. Papai, seconded by R. Buley (Vote-Unanimous) to approve a Reserve Fund Transfer in the amount of $4,000.00 for the Street Lighting line item.

 

Chairman, P. Tsatsos has requested to invite Chairperson, J. Whalley of the Community Preservation Committee and Chairperson, B. MacEwan from the Historical Commission to discuss replacement of the front windows at Town Hall at the next Finance Committee Meeting on April 20, 2006.

 

A MOTION was made by D. Kononitz, seconded by L. Bathel (Vote – Unanimous) to recommend an appropriation of $50,000.00 within the 7.2% assessment and an additional $50,000.00 appropriation was also supported for a total of $100,000.00 to the FY07 Regional School District Budget. This will be a stand alone warrant article to be submitted to Town Meeting. The Board of Selectmen are hoping these efforts will assist in addressing the high school accreditations and other needed initiatives.

 

The Finance Committee along with Town Accountant, L.Carr reviewed the FY07 Draft Budget for the General Fund, EMS and Sewer Division.

 

A MOTION was made by D. Kononitz, seconded by R. Buley (Vote – Unanimous) to adjourn at

8:03 p.m.

 

Respectfully submitted,

 

 

Robin Solek

Secretary, Finance Committe