FINANCE COMMITTEE
Minutes
March 31, 2008
MEMBERS PRESENT: |
Richard Buley, Chairman |
|
Robert Horacek, Vice-Chairman |
|
Paul Tsatsos |
|
Chris Garvey |
|
Linda Bathel |
|
Sheila Chamberlin |
MEMBERS NOT PRESENT: |
Patti Dunn-O’Connell |
OTHERS PRESENT: |
Karl J. Stinehart, CAO |
|
Linda Carr, Town Accountant |
|
Robin Solek, Secretary |
The scheduled meeting of the Finance Committee was called to order at 6:30 p.m.
The next Finance Committee meeting will be at 6:30 p.m. on April 28, 2008. This meeting date was changed to April 14, 2008.
A MOTION was made by L. Bathel, seconded by R. Horacek (Vote: Unanimous) to accept the minutes of March 3, 2008.
The Finance Committee reviewed and discussed the Board of Selectmen’s salary stipend. It was felt that an increase was necessary. Most of the Finance Committee members agreed it should be a gradual increase. It has been 9 Fiscal Years since the last salary stipend increase.
A MOTION was made by R. Horacek, seconded by C. Garvey (Vote 5: Yes; 1: No) to increase the salary compensation for each Selectmen as follows $6, 000.00 Chairman, $4,500.00 Vice-
Chairman, and $4,500.00 Clerk per year.
Chief Administrative Officer, Karl J. Stinehart and Town Accountant Linda Carr explained to the Finance Committee the sources of the dollar amount of the free cash. A significant amount
of free cash will go towards the FY 09 budget, 150k towards the full day kindergarten cost, and an undetermined amount will be used toward year end expenses, such as snow and ice
removal. The snow and ice deficit is approximately 209k.
The Finance Committee briefly adjourned to meet with the Board of Selectmen at their scheduled meeting to discuss the full day kindergarten costs and the additional 75k for the pumper tanker truck for the Fire Department. The members of the Finance Committee reconvened to vote on a recommendation for the 150k for the kindergarten costs and the additional 75k needed for the pumper tanker truck.
A MOTION was made by L. Bathel, seconded by S. Chamberlin (Vote Unanimous) to recommend $150,000.00 as a one time appropriation from FY07 free cash of non-recurring money for the full day kindergarten start up cost.
A MOTION was made by R. Horacek, seconded by C. Garvey (Vote Unanimous) to recommend the additional $75,000.00 needed to purchase the pumper tanker truck for the Fire
Department.
NOTE: The Finance Committee would like to request in the future for any Departments, Boards, Committees and Commissions to have accurate, detailed, and all-inclusive
written requests for quotes for purchases over $25,000.00.
The Finance Committee discussed assigning the Liaison List. Vice-Chairman, R. Horacek will be in contact with member P. Dunn-O’Connell, in regards to the liaison for the Police Department.
A MOTION was made by L. Bathel, seconded by P. Tsatsos (Vote- Unanimous) to adjourn at 8:20 p.m.
Respectfully submitted,
Robin Solek
Secretary, Finance Committee
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