Loading...
HomeMy WebLinkAbout1995-03-15 Finance Committee Minutes - Executive Session Finance Committee Executive Session March 15, 1995 Ila L; Ci 21 o"! The Finance Committee met at 7:00 p.m. in the Conference Room at Town Hall. Present were Chairman Richard Coco, Vice Chairman Fred VanMagness, FinCom members Gerry MacDonald, Jim Keigley, Nate White, Carol Grimm, Steve Blewitt, Town Manager Peter Hechenbleikner and Secretary Maureen Vierra. Also present were Tim Twomey, Dr. Robert Munnelly, Tom Stohlman, Matt Cummings, Dennis Richards, and George Shannon. On a motion by VanMagness seconded by Keigley and approved by a roll call vote the Finance Committee entered into Executive Session. On a motion by Stolhman seconded by Cummings and approved by a roll call vote the School Committee entered into Executive Session at 7 : 20 pm. The School Department reduced the budget request for Personnel Services from $762 , 306.00 to $552 , 306 .00 and increased the request for Custodian ' s salaries from $1 , 819 ,030 .00 to $1 ,831 ,030.00. The net result is a decrease in the School Department budget in the amount $198,000 .00 bringing the total request from $18, 206 , 506.00 to $18,008 ,506 .00. The School Department hopes to negotiate the Teacher ' s raises to be effective January 1 , 1996 instead of July 1 , 1995 which reflects the $210,000.00 reduction. Teacher ' s raises are based on a 2' % increase. All non-teacher positions are based on a 3% raise. Dr. Munnelly pointed out that there are other factors other than salaries that will be on the bargaining table. The State is looking at lengthening the school year and school day which may have additional financial impact on the Town. On a motion by MacDonald seconded by Blewitt the Finance Committee voted to adjourn the Executive Session by a roll call vote. On a motion by Stohlman seconded by Cummings the School Department voted to adjourn Executive Session by a roll call vote. Respectfully submitted, �" Maureen Vierra Secretary