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HomeMy WebLinkAbout2015-02-23 Finance Committee Minutesr a 6'� °P�►KOa� Town of Reading Meeting Minutes i�ECEIVED OWN CLERK ` -rONG. MASS. Board - Committee - Commission - Council: Finance Committee Date: 2015 -02 -23 Building: School - Memorial High Address: 62 Oakland Road Purpose: General Business Attendees: Members - Present: 106 MAR I1 A4�II Time: 9:55 PM Location: Performing Arts Center Chairman Mark Dockser, Members Paula Perry, Peter Lydecker, Anne Landry, Craig Merry, Paul McNeice, and Karen Herrick. Members - Not Present: Marc Moll Others Present: Town Manager Bob LeLacheur Minutes Respectfully Submitted By: Topics of Discussion: Chair Mark Dockser called the meeting to order at 9:55 after the conclusion of the Special Town Meeting. Mr. Dockser then reviewed the policy about budgeting snow & ice lower than might be expected on average, in order to not crowd out other budget needs. In Reading we fund about 80% of average while many communities around us fund far less. The Town Manager, Mr. LeLacheur, explained the spending to date on snow & ice and the DOR's rules that allow deficit spending. He pointed to the attached letter citing MGL Ch 44 Sec 31d, as has been sent to FINCOM for many years during the past decades. On a motion by Mr. McNeice second by Ms. Landry, FINCOM voted 7 -0 -0 to approve deficit spending for snow & ice. Mr. Dockser reviewed the upcoming FINCOM March Meeting schedule and asked members to send out questions in advance to the Town Manager or School Superintendent as was appropriate. On a motion by Ms. Herrick second by Ms. Landry, FINCOM voted 7 -0 -0 to adiourn at 10:10 PM. Respectfully submitted Secretary Page 1 1