HomeMy WebLinkAbout1988-05-26 Finance Committee Minutes ( FINANCE COMMITTEE MEETING
4r MAY 2E, 158.8
ABSENT : MUCCI, LYNCH
MEETING CALLED TO ORDER AT 7:30. ALSO PRESENT WERE PETER'.
HECHENBLEIKNER <TOWN MANAGER), LEN REDFER:N, (FIRE CHIEF) ,
.JONATHAN EDWARDS (TOWN PLANNER) AND JOHN HINES (CHAIR:MAN
OF C. P.O. C.
THE FIRE CHIEF PRESENTED A REQUEST FOR $5,000.00 FOR VARIOUS
UNFORSEEN FIRE DEPT. EXPENSES SUCH AS REPAIRING FRONT END OF
ENGINE 4, ADDITIONAL TIRE EXPENSE, PURCHASE LARGE .JACK ETC.
APPROVED TRANSFER OF $5,000. 00 FROM RES. FUND TO FIRE DEPT EtPS,
BY R VOTE OF 7-0-0
1'I1P EDWAF.DS AND MR'. HINES PRESENTED A REQUEST FOR $5,0013.00
FOR COST OF A HOMART-PUD REVIEW CIONSULTATUON CONTRACT WITH
R:I2"O ASSOC. HOMART HAS ALREADY FUNDED THIS STUDY WITHIN
THE AMOUNT OF $25,000.00 THE PAID TOWN ON 4/21!$8 FOR A
F.U.G. FILING FEE (PLANNED UNIT DE4'ELOPEMENT)
APPROVED $5,000.013 TRANSFER FROM RES. FUND TO CF'DC
EXPENSES BY VOTE OF 7-0-0.
THE SAME PEOPLE THEN REQUESTED A TRANSFER OF $i , 191.53
TO COVER UNEXPECTED CPDC EXPENSES MOST OF WHICH WERE RELATED
TO ADVERTISING VARIOUS HEARINGS AND COSTS OF HIRING
PEF.:SONNELL.
APPROVED TRANSFER: OF 8:1 , 200.00 FROM RES FUND TO CPDC
EXPENSES BY A VOTE OF 7-0-0.
THERE WAS ALSO DISCUSSION ABOUT THE PROPOSED NEW FIRE
STATION AND WHAT THE CHIEF AND FIRE STUDY COMMITTEE WERE
DOING TO PLAN A NEW FACILITY. THEY ARE STILL IN THE
REGROUPING STAGE SINCE THE LAND ACQUISITION FOR SUCH A
STATION WAS TURNED DOWN AT THE SPRING 1588 TOWN MEETIHO.
THERE WAS A BRIEF DISCUSSION OF THE EFFECTS OF VARIOUS
LEVELS OF NE130TI19TED PAY R'.AISES ON FUTURE BUDGETS AND THE
CHAIRMAN PASSED OIJT SEVERAL SPREAD SHEET R:EFLECTIV40
INCREASES OF 5% TO 9%. HE IS SURE ALL MEMBERS HAVE STUDIED
THESE AND UNDERSTAND ALL THE FINANCIAL IMPLICATIONS TO THE
TOWN.
THE UP COMING REORGINISATIION WAS DISCUSSED ALONG WITH
PROBABLE RESIGNATIIONS FROM THE COMMITTEE. (THE CUF.R:ENT LIST
OF RESIGNERS IS LYNCH, BUR:DITT, HARRISON. WE'LL BE SORRY TO
LOSE THEM). THERE WAS DISCUSSION OF THE PROBLEMS FOR THE
NE'T FISCAL YEAR: WHICH APPEAR TO BE AS FOLLOWS :
TOWN HALL/PEARL ST SPACE PROBLEM
DEALING WITH UPCOMING DEFECITS IN BUDGET
RMLO PROBLEMS (WILMINGTON, BONDING , RIMLD PURCHASE
OF TOWN HALL? ETC)
UNION CONTRACTS AND SETTLEMENTS
J .
` FIRE STATION
REAL ESTATE TAX CLASSIFICATION
METHODS OF DEFENDING FREE CAST-I S: THE REAL EST FUND.
FUTURE MEETINGS WITH RI'ILD: S:CHGOI_ CID11MITTE7_: RISESSORS,
RE:LM IVE TO ABOVE ISSUES.
THE iC-IAIRMAN WCCC ASKED TO MAKE A BRIEF STATEMENT TO THE
P:EL.fii_;"14EN DURING THE REVIEW PROCESS FOR THE TOWN MANAGER:
E:•11='!"l:.i;S11,I0 FINCOMS OVERALL APPROVAL OF THE TOWN MANAGER'S
PERFORMANCE ALONG WITH AREAS WHICH NEED IMPROVEMENT.
MEETING ADJOURNED 10 :0.5
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