Finance Committee Meeting Minutes

Meeting date: 
Tuesday, April 11, 2017
Select Board & Finance Committee
Work Session MInutes

 

ATTENDANCE:
 
Select Board
Chairman, Russell S. Fox
 
Vice-Chairman, Doug Moglin
 
Chief Administrative Officer, Karl J. Stinehart
Finance Committee
Chairman, Rich Buley
 
Vice-Chairman, Robert Horacek
 
Terry Mish
 
Art Pinell
 
Robin Solek, Secretary
  
OTHERS PRESENT:
Laura Fletcher, Town Accountant
 
Melinda Wingate, Assistant Town Accountant
 
Carol DellaGiustina
 
Police Chief Ricardi
 
Fire Chief Anderson
 
DPW Director, Randy Brown
 

 

The Select Board and Finance Committee met at 6:00 p.m. to review FY 18 Budget line items and to discuss potential Special and Annual Town Meeting Warrant Articles.

 

Chief Ricardi briefly discussed his tuition line item. Chief Anderson discussed the SCBA units and a possible Reserve Fund Transfer in the amount of $7,300.00.

 

The Select Board and FinCom reviewed the Budget line items and were in agreement. The Finance Committee suggested increasing the Cultural Council budget to $2,400,00 which the Select Board agreed.

 

Other notes:
  • No storm water funding
  • Lions Club will be donating a flag pole Cemetery is still researching a mower
  • Water line borrowing schedule
  • Establishing a Cable Fund is a new requirement
  • The tax rate will be in the low $18.00 dollar range
  • The town is under the levy limit and it was suggested to consider using some of the money for road projects or other uses
The Select Board discussed potential STM and ATM Warrant Articles.

 

Other notes:
  • North Pond CPC
  • Borrowings for truck, water pump station rehab and College Highway water line
  • APR Laro Road
  • Tax Credit Incentive for Seniors
  • PEG Fund
  • Cellular RFP lease vote for Lexington Circle parcel
  • Town Elections May 9, 2017
  • Special / Annual Town Meeting May 16, 2017
  • Deadline for the Finance Committee Report April 14, 2017
The meeting adjourned at 7:35 p.m.


 

Transcribed by,

 

Robin A. Solek
Select Board Secretary