FINANCE COMMITTEE MINUTES
MEMBERS PRESENT: Chairman, Paul Tsatsos
Vice-Chairman, Rich Buley
OTHER MEMBERS PRESENT: Michelle L. Hill, Treasurer/Collector/Clerk
Linda Carr, Town Accountant
Robin Solek, Secretary
MEMBERS NOT PRESENT:
The scheduled meeting of the Finance Committee was called to order at by Chairman, P. Tsatsos.
A MOTION was made by P.Dunn-O’Connell, seconded by R. Buley (Yes – 5: Abstain-2) to accept the minutes as amended of June 15, 2006.
A MOTION was made by D. Kononitz, seconded by J. Papai (Yes – 5: Abstain -2) to accept the minutes of April 20, 2006.
A MOTION was made by D. Kononitz, seconded by L. Bathel (Yes – 5: Abstain – 2) to accept the minutes as amended of April 4, 2006.
The next scheduled Finance Committee meeting will be October 26, 2006 at 6:30 p.m.
The Finance Committee welcomed Michelle L. Hill, T/C/C, and offered their support. Ms. Hill stated that so far things were running smoothly and that she was catching up to speed on various aspects of her job.
The Finance Committee requested an updated Priority List and asked for Ms. Hill to receive one as well.
L.Carr, Town Accountant reported to the Finance Committee on the updates with Munis. Munis FY05 and FY06 have identified some glitches. New account numbers were created for FY07, they are confident should go off without any significant problems. The Committee would like to see a printed out example of the Library Gift Accounts to see the format.
An insurance company study is being done by P. Dunn-O’Connell to help to be proactive regarding the cost to the town.
The Finance Committee will meet with the Board of Selectmen on Monday September 25, 2006 at 8:15 a.m. to update on town business.
P. Dunn-O’Connell will get the fiscal numbers regarding the total school project cost and the impact on the tax rate.
A MOTION was made D. Kononitz, seconded by R. Horacek (Vote – Unanimous) to adjourn at
Secretary, Finance Committee