FINANCE COMMITTEE MINUTES
October 26, 2006

 

MEMBERS PRESENT:    Chairman, Paul Tsatsos

                                        Vice-Chairman, Rich Buley                                              

                                         Robert Horacek

                                         Patti Dunn-O’Connell

                                         Dave Kononitz

                                         Linda Bathel

                                         Jim Papai

                                                                     

OTHER MEMBERS PRESENT:  Carol DellaGuistana

                                             Robin Solek, Secretary

MEMBERS NOT PRESENT:                                                                    

                                     

The scheduled meeting of the Finance Committee was called to order at 6:30 p.m. by Chairman, P. Tsatsos.

 

A MOTION was made by P.Dunn-O’Connell, seconded by R. Buley (Vote – Unanimous) to accept the minutes of September 21, 2006.

 

The next scheduled Finance Committee meeting will be November 9, 2006 at 6:30 p.m.

 

The Finance Committee updated the Priority List.

 

Chairman, P. Tsatsos addressed issues that have been going on with Munis. Assistant Town Accountant, C. DellaGuistana answered questions to the Committee and provided information to what the status is. The Accounting Department has been committed to making the corrections and entering updates to ensure the software to run smoothly. It could take a considerable amount (approximately 1- 2 years) of time before Munis is completely running correctly.  Tom Scanlon Jr. and Munis technical support has worked with the Accounting Department as well. C. DellaGuistana reported that it is also imperative that the other departments in Town Hall enter information into the system accurately so that accounting procedures run efficiently. It was requested that the Committee would like to see a print out example of the Library Gift Account.

 

The Finance Committee would like to schedule a meeting with Tom Scanlon when the audit is completed.

 

The Finance Committee received information on the upcoming MMA Conference in January 2008. Members that are attending need to complete the form and return to the secretary as soon as possible.

 

P. Dunn-O’Connell provided information in regards to health insurance costs that would have impact on the town.

 

A MOTION was made by P.Dunn-O’Connell, seconded by R. Buley (Vote – Unanimous) to approve the 2008 Budget Packet cover letter to be sent out.

 

A MOTION was made by P.Dunn-O’Connell, seconded by R. Horacek (Vote – Unanimous) to support in the amount of $4,500.00 the Police Referendum question relating to Ch.41 100b post disability retirement benefits. The statute sets fort the municipal officials responsible for receiving and approving reimbursement requests.

 

The members of the Finance Committee discussed the salary increases and market adjustments relating to clerical, dpw and dispatch employees. The Committee requested to see some examples of the percentage increases. This information will be provided to the Committee before their next scheduled meeting.

 

A MOTION was made by D. Kononitz, seconded by L. Bathel to appoint the following members P.Dunn-O’Connell, R. Buley and R. Horacek to form a subcommittee to look into long term forecasting.

 

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

8:15 p.m.

 

 

Respectfully submitted,

 

 

Robin Solek

Secretary, Finance Committee