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HomeMy WebLinkAbout2006-11-01 Finance Committee Minutes Finance Committee Meeting November 1, 2006 The meeting was convened at 6:40 pm in the Conference Room (Library) at the Coolidge Middle School, 89 Birch Meadow Drive, Reading, Mass. Present were Vice Chair Charles Robinson, FINCOM members Harold Torman, Michelle Williams, Marsie West, David Greenfield, and George Hines as well as Peter Hechenbleikner (Town Manager), Bob LeLacheur (Asst. Town Manager/Finance Director), Patrick Schettini (School Superintendent), Mary Delai (School Director of Human Resources and Finance), Elaine Webb(School Committee Chairperson), Lisa Gibbs (Vice Chairperson) School Committee Members Chris Caruso, Peter Dahl, Carl McFadden, David Michaud, and Scott Dunlap (Ai-3 Project Manager). A lengthy discussion with School Committee members about Article 10 - RMHS Debt Exclusion ensued. The building project contingency budget has been exhausted as a result of many unforeseen construction issues such as asbestos, drainage and culvert failure. The school committee is asking for $1.532 million which is the maximum amount that has been approved by DOR in lieu of a previously discussed $1.35 million. Peter Heckenbleikner noted adding an emergency preamble clause to the motion would avoid any attempt to overturn the Town Meeting vote. After some discussion, the School Committee did not approve adding the preamble. Several folks left and arrived during this discussion, including: Patrick Schettini (Schools) left the meeting at 7:05 pm George Hines (FINCOM) arrived at 7:15pm Peter Hechenbleikner (Town Mgr) left the meeting at 7:20pm Elaine Webb (School Committee) left the meeting at 7:25pm Carl McFadden left the meeting at 7:30pm There was a short discussion regarding Article #7 – Bank Branch at RMHS. The branch manager will be making it a curriculum item for the high school students and educating them in finances. The town will have no liability issues, the bank will be responsible. The School Committee adjourned at 7:40pm The FINCOM meeting moved to Faculty Room at Coolidge, and re-convened 7:45pm Chairman Andrew Grimes was present, and was joined by all previously mentioned members of FINCOM, Bob LeLacheur (Asst. Town Manager/Finance Director), and Pete Dahl (School Committee Member) Debt Exclusion RMHS - Article #10 was discussed on what would happen to the money not spent. Suggestion was made by George Hines that the school committee should vote on where the money should go. Andrew Grimes noted possible commitment from school committee regarding the money spent. Finance Committee Meeting - November 1, 2006 Motion to support Article #10 by Robinson, seconded by Greenfield. FINCOM voted 6-1-0, with Hines opposed . Article #7 was discussed about the education on banking and as a work study program. A recommendation was made by George Hines for a 10 year lease in lieu of 20 years. David Greenfield’s concern was a business being conducted out of a town building and the impact on the education level. Motion to support Article #7 by Grimes, seconded by Hines. FINCOM voted 6-0-1, with Greenfield abstaining. Article #6 Health Division revolving fund. Discussion was to create and move the fund without affecting the substance abuse monies. Needs to be voted every year. Motion to support Article #6 by Greenfield, seconded by Williams. FINCOM voted 7-0-0. Moved by Hines, seconded West, FINCOM voted 7-0-0 on Article #8 to allocate $167,995 to Chapter 90 for highway construction. David Greenfield discussed the subject of Wood End Playground. FINCOM members agree that the selectman should have a policy for playgrounds and a committee. George Hines suggested feedback from selectman and school committee. FINCOM members agreed to consider bringing back a capital planning committee to validate & prioritize projects. Motion to support Article 11 (Wood End playground) by Grimes, seconded by West. FINCOM voted 7-0-0. Financial Forum recap: Bob LeLacheur asked for clarification on the Baseline budget as 1) Rehire current employees, show what it would cost; and 2) All Expenses increase by 2%. FINCOM agreed. nd A meeting schedule was made in agreement from members to be the 2 Wednesday of the month, unless otherwise specified. Motion to approve FINCOM minutes of September 20, 2006 by Grimes, second by Hines, passed 7-0-0. On a motion by Robinson, seconded Williams, FINCOM voted 7-0-0 to adjourn the meeting at 9:10pm. Respectfully submitted, Secretary