HomeMy WebLinkAbout1995-05-24 Finance Committee Minutes Finance Committee Meeting �t
May 24,1995 CP �
The Finance Committee met at 7 : 30 p.m. in the Berger Room at
Town Hall. Present were Chairman Richard Coco, FinCom
members Gerry MacDonald, Jim Keigley, Nate White, Carol
Grimm, Jerry Vitale, Steve Blewitt, Town Manager Peter
Hechenbleikner and Secretary Maureen Vierra. Also present
were Richard Foley, Beth Klepeis, Matt Cummings, Robin
Hamilton, Belinda Barbas, Veronica Sykes, Stephen Crook, Tim
Twoomey, Darcy Hildreth, Bill Brown, Lieutenant Silva and
Maria Silvaggi .
Approval of Minutes
On a motion by MacDonald seconded by Keigley the Finance
Committee voted to approve the minutes of April 5 , 1995 as
amended by a vote of 5/0/2 .
On a motion by MacDonald seconded by Grimm the Finance
Committee voted to approve the minutes of April 10, 1995 as
amended by a vote of 6/0/1 .
Election of Chairman and Vice Chairman
On a motion by Keigley seconded by MacDonald, Steve Blewitt
was nominated for the position of Finance Committee Chairman.
On a motion by Coco seconded by Vitale, Carol Grimm was nominated
for the position of Finance Committee Chairman. Grimm declined
the nomination.
On a motion by White seconded by MacDonald the nominations
were closed and Steve Blewitt was voted Finance Committee
Chairman by a vote 7/0/0.
On a motion by Coco seconded by Vitale, Carol Grimm was
nominated for the position of Vice Chairman. Grimm declined
the nomination.
On a motion by MacDonald seconded by White, Jim Keigley was
nominated for the position of Vice Chairman.
On a motion by White seconded by MacDonald the nominations
were closed and Jim Keigley was voted Finance Committee Vice
Chairman by a vote of 6/1/0.
On a motion by MacDonald seconded by White, Carol Grimm was
nominated for the Capital Improvement Sub-Committee
Appointment Committee.
On a motion by White seconded by Keigley the nominations were
closed and Carol Grimm was voted a member of the Appointment
Committee for the Capital Improvement Sub-Committee by a vote
of 7/0/0.
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Request for Reserve Fund Transfers
On a motion by White seconded by Vitale the Finance Committee
voted to approve the transfer of $16,687.00 to account 01-111
Police Salaries by a vote of 7/0/0.
On a motion by White seconded by MacDonald the Finance
Committee voted to approve the transfer of $11 ,900.00 to
account 01-011 Police expense by a vote of 7/0/0.
On a motion by Grimm seconded by Keigley the Finance
Committee voted to approve the transfer of $1 ,952. 00 to
account 01-121 Fire expense by a vote of 7/0/0.
On a motion by MacDonald seconded by Vitale the Finance
Committee voted to approve the transfer of $5,000.00 to
account 01-123 Dispatch expense for E911 by a vote of 7/0/0 .
On a motion by MacDonald seconded by Vitale the Finance
Committee voted to approve the transfer of $4, 500. 00 to
account 01-131 Police and Fire Indemnification by a vote of
7/0/0.
On a motion by MacDonald seconded by Keigley the Finance
Committee voted to approve the transfer of $1 , 327 . 00 to
kw account 01-182 Animal Control Officer expenses by a vote of
7/0/0.
On a motion by MacDonald seconded by Keigley the Finance
Committee voted to approve the transfer of $18,700.00 to
account 01-303 Highway Equipment expenses by a vote of 7/0/0.
On a motion by Grimm seconded by MacDonald the Finance
Committee voted to approve the transfer of $6,000 .00 to
account 01-850 Property and Casualty Insurance by a vote of
7/0/0.
Matt Cummings provided information on the short fall of
$249,437.00 from the FY 1995 School Department Budget. The
School Committee is working on implementing new policies and
procedures to help prevent future problems. He recommended
preparing an actual budget to compare to the proposed budget
in order to identify the over expenditures.
A motion was made by Dick Coco to request an amendment from
Town Meeting on Item C2 increasing it from $32, 190.00 to
$62 , 190.00 to fund an independent financial audit of the
School Departments expenditures. This motion was seconded by
White however White withdrew his second after discussion.
Steve Blewitt suggested the Finance Committee wait until the
kW next meeting on June 7, 1995 when more details from the
School Department would be available.
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On a motion by Keigley seconded by MacDonald the Finance
Committee voted to adjourn at 10: 15 p.m. by a vote of 7/0/0,
kw The next meeting will be held on June 7, 1995 .
Respectfully�suu�b�mi,submitted,
AMaurr (NF"'-
Secretary
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