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HomeMy WebLinkAbout2015-02-23 Finance Committee PacketTown of Reading 0 s Meeting Posting with Agenda B�s'lNCOa Board - Committee - Commission - Council: Finance Committee Date: 2105 -02 -23 Building: School - Memorial High Address: 62 Oakland Road Purpose: General Business Time: 7:00 PM HECEIVED [OWN CLERK r; ING. MASS. 1015 FEB 12 A S. 44 Location: Performing Arts Center Meeting Called By: Caitlin Saunders on behalf of Chairman Mark Dockser Notices and agendas are to be posted 48 hours in advance of the meetings excluding Saturdays, Sundays and Legal Holidays. Please keep in mind the Town Clerk's hours of operation and make necessary arrangements to be sure your posting is made in an adequate amount of time. A listing of topics that the chair reasonably anticipates will be discussed at the meeting must be on the agenda. All Meeting Postings must be submitted in typed format; handwritten notices will not be accepted. Topics of Discussion: 1) Snow and Ice Budget This Agenda has been prepared in advance and represents a listing of topics that the chair reasonably anticipates will be discussed at the meeting. However the agenda does not necessarily Include all matters which may be taken up at this meeting. Page i 1 SNOW AND ICE EXPENDITURE HISTORY ,rrttr, r:r , Fiscal Initial Over / (Under) Net Cost Year Expenditure Appropriation Appropriation to Town 2015 .,n $ 625,000 $ 545,568 $ 1,170,568 2014 $ 1,087,412 $ 625,000 $ 462,412 $ 1,087,412 2013 $ 809,598 $ 600,000 $ 209,598 i $ 809,598 2012 $ 301,739 $ 565,000 25' ,2:'1 ) $ 301,739 2011 $ 1,017,872 $ 525,000 $ 492,872 i $ 917,872 2010 $ 754,088 $ 500,000 $ 254,088 $ 754,088 2009 $ 1,149,375 $ 450,000 $ 699,375 $ 1,149,375 2008 $ 992,014 $ 400,000 $ 592,014 $ 992,014 2007 $ 465,017 $ 334,727 $ 130,290 $ 465,017 2006 $ 581,635 $ 324,682 $ 256,953 $ 581,635 2005 $ 1,083,809 $ 307,086 $ 776,723 ! $ 937,088 2004 $ 507,271 $ 276,547 $ 230,724 $ 385,931 2003 $ 576,300 $ 251,100 $ 325,200: $ 489,068 2002 $ 214,155 $ 251,100 'M, 9 - ^ >5` $ 214,155 2001 $ 636,100 $ 226,100 $ 410,000 $ 555,183 2000 $ 252,219 $ 197,419 $ 54,800 $ 252,219 1999 $ 291,176 $ 192,301 $ 98,875 $ 291,176 1998 $ 283,856 $ 187,467 $ 96,389 $ 283,856 1997 $ 284,442 $ 182,058 $ 102,384 $ 284,442 1996 $ 677,475 $ 177,614 $ 499,861 $ 556,489 1995 $ 136,935 $ 175,000 S t:)'B -165s $ 136,935 1994 $ 428,680 $ 110,000 $ 318,680 $ 428,680 1993 $ 344,416 $ 110,000 $ 234,416 $ 344,416 1992 $ 91,347 $ 150,000 51?. )-5 i; $ 91,347 1991 $ 128,915 $ 150,000 c %21,110,5; $ 128,915 AVERAGES through 2014: 5 -year $794,142 $563,000 $231,142 5 -year 10 -year $824,256 $463,150 $337,938 a$572,265 10 -year 20 -year $605,124 $337,410 $267,714 20 -year JAI it ttf If 1,400,000 1,200,000 1,000,000 800,000 600,000 - - - Actual 400,000 ' 10yr Avg 200,000 0 O� OF RFgOi tic Office of the Town Manager f b 16 Lowell Street J6�9'INCORP�pP� Reading, MA 01867 To: Finance Committee Sharon Angstrom, Town Accountant Board of Selectmen From: Robert W. LeLacheur, Jr. CFA Date: February 19, 2015 RE: Snow & Ice Removal 781 - 942 -9043 townmanager@ci.reading.ma.us www.readingma.gov /town - manager Pursuant to Chapter 44 Section 31 d of the Massachusetts General Law, I am hereby approving incurring of liability and making expenditure in FY2015 in excess of available appropriations for snow and ice removal, subject to approval by the Finance Committee. It is my intent, as we have in past years, to amend the snow and ice budget at the Annual Town Meeting and therefore be able to rescind this action. Sincerely, Robert W. LeLacheur, Jr. CFA Town Manager I COM - m aye row +4 abooc 0 pidr�d ky f,%-t- lvwy► - ffa f