HomeMy WebLinkAbout1996-08-07 Finance Committee Minutes Finance Com ittee Meeting
August 7,1996
The Finance Committee met at 7:30 p.m. in the Conference Room
at Town Hall. Present were Chairman Steve Blewitt, Vice
Chairman Jim Keigley, FinCom members Gerry MacDonald, Nate
White, Carol Grimm, Rocco Nenarella, Tom Green Jr . , Catherine
Martin, Town Manager Peter Hechenbleikner and Secretary
Maureen Vierra. Also present were Charles Peacock, Bill
Brown, Bob Hillard, Dick MacDonald, and George Hines.
Approval of Minutes:
On a motion by Gerry MacDonald seconded by Nate White the
Finance Committee voted to approve the minutes of June 24,
1996 as amended by a vote of 6/0/2.
Action and Discussion Items
Due to an increase in traveling for his full-time job,
Finance Committee member Gerry Vitale submitted a letter of
resignation to the Committee.
The Finance Committee, members of the Capital Improvement
Subcommittee and others present at the meeting discussed
their recommendations on whether the Capital Improvement
Subcommittee should be comprised of FinCom members instead of
non-members. The recommendation that the sub-committee be
made up of FinCom members instead of a separate committee was
suggested in order to improve the flow of communication of
upcoming capital projects to the Finance Committee and to
reduce duplication of efforts in regard to touring
facilities requesting capital funds for renovations.
On a motion by Steve Blewitt seconded by Rocco Nenarella the
following changes were made to the Policy Establishing a
Capital Improvements Advisory Subcommittee as listed below by
a vote of 8/0/0.
1 . The second paragraph be revised to read "The
Sub-Committee shall consist of three (3) members of
the Finance Committee appointed annually by the
Finance Committee Chairman and ratified by the
Finance Committee.
2. In paragraph three line two the words "a joint
meeting of the Sub-Committee and'- be deleted.
3 . In line 10 of paragraph 5 the word "final" be
inserted between the words "its" and
"recommendation" .
4. In line 12 of paragraph 5 the clause starting with
"the Sub-committee ' s report" and replace it with "the
Finance Committee shall vote concerning its
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recommendation for approval of the proposed Capital
Improvement Program and shall publish its
recommendation and report on the Annual Town Meeting
Warrant.
5. In last line of paragraph 1 revise the written word
Ten with the word five and revise the numeric
10,000 to read $5,000.
6. In the third paragraph at the second hyphen, change
the word five to read ten.
On a motion by Steve Blewitt seconded by Gerry MacDonald
Carol Grimm, Tom Green and Catherine Martin were nominated to
serve on the Capital Improvement Subcommittee with the term
expiring 6/30/97 . They were voted to serve by a vote of
8/0/0.
Additional Liaison assignments were made as noted below:
Special Education Jim Keigley
Regular Day Rocco Nenarella
Police & Fire Nate White
DPW Gerry MacDonald
Selectmen Steve Blewitt
Audit Committee Steve Blewitt, Carol Grimm
25 Haven Street Carol Grimm
Pay as you throw Rocco Nenarella
Library (Vitale 's Replacement)
On a motion by Nate White seconded by Gerry MacDonald the
Finance Committee voted to support the subject matter of
Article 4 in the amount of $62,065 to come from free cash by
a vote of 7/0/0.
On a motion by Carol Grimm seconded by Jim Keigley the
Finance Committee voted to support the subject matter of
Article 5 line item G1 in the amount of $15,000 by a vote of
6/1/0.
On a motion by Carol Grimm seconded by Jim Keigley the
Finance Committee voted to support the subject matter of
Article 5 items D2, E2, G1 , K1 , K45, and Workers Compensation
Trust Fund by a vote of 7/0/0.
On a motion by Steve Blewitt seconded by Carol Grimm the
Finance Committee voted to transfer $1 , 500 to account #01-062
Downtown intern by a vote of 6/0/1 .
Liaison Reports
kaw. Nate White reported on the July 2nd School Committee Meeting.
At a previous meeting, a group of residents had requested
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answers to several questions. The School Committee provided
printouts of answers to their questions. The School
Committee is thinking about implementing a pilot program in
which non-resident Reading teachers will have the option of
enrolling their children into the Reading school system. The
Finance Committee plans to contact the School Committee to
learn what guidelines will be implemented and to determine
any financial impact this will have on the Town.
The next meeting of the Finance Committee is scheduled for
August 21 , 1996 at 7:30 p.m.
Respectfully submitted
Stev Hle t
Chairman