HomeMy WebLinkAbout1988-10-04 Finance Committee Minutes of,
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FINANCE COMMITTEE MEETING , TUES OCT 4, 1988
ABSENT +DEANE HASKELL (LATE R. hUJCCI)
THE MEETING WAS OPENED AT 7: 15
l"PIE CHAIRMAN ANSWERED A CUJESTION POSED AT A PRIEVIOUS
MEETING : NAMELY IF THE SELECTMEN, OR SCHOOL COMMITTEE
SIGN A LABOR CONTRACT DOES TOWN MEETING RATIFY THAT CONTRACT
WHEN APPROVING THE ARTICLE THAT FIJND8 THAT CONTRACT!
THE ANSWER IS, THAT TOWN MEETING APPROVES ONLY THE FUNDS.
THE CONTRACT SIONED BY THE PROPER TOWN OFFICIALS IS IN
EFFECT EVEN IF FUNDING IS REFUSED BY TOWN MEETING THE
TERMS OF THAT CONTRACT ARE STILL VALID.
THE LIASON A. SIGNMENTS I-JERE PRESENTED NEXT.
'SCHOOL - MUCCI , PORTER., CATALFAMCI.
SELECTMEN - GREENE, HARRISON, DEVLIN
THOSE COMMITTEES HAVE BEEN NOTIFIED. ALL COMMITTEES TO WHICH
THE FINCOM PREVIOUSLY HAD LIASONS HAVE BEEN INFORMED THAT
WITH ? MEMBERS ( REDUCED FROM 15) THE FINCOM FUJ LONGER HAS
THE MANPOWER TO HATE PERPIENAI.IT LIASONS WITH SMALLER TOWN
COMMITTEES . WC WILL ATTEMPT TO kEEP CURRENT AS TO THOSE
COMM I TTEP6 CONCERNS VIA THE TOWN MANAGER.
THE NEW COST ESTIMATE FOR: ASBESTOS CONTROL PROGRAM
FOR THE READING SCHOOLS WHICH HAS AN ATTACHED MINIMUM COST
OF 11 , 252,000 OVER 4 FISCAL YEARS.
ALSO PRESENTED THE SCHOOL POPULATION PROJECTIONS STUDY DONE
FOR: THE SCHOOL SPACE STUDY COMMITTEE BY DAN ENSMINGER. THIS
STUDY INDICATES AN INCREASE IN THE POPULATSON IN THE SCHOOLS
WHICH Wfll. F'F(-,LfIF:F AT,Ui ITTONAL. S'P'ACE ALMOST IMMEDIATLY.
THE COMMITTEE THEN WENT OVER I'IIE 'IEN YE.RR FORECAST FOR
FIEADII•IO WHICH INDICATES BUDGET DEFECITS - OF OVER 1.5 MILLION
FIND IJP FOR THE NEXT TEN YEFIRS UNLESS ADDRESSED.
THE MEETING+ IJAS AD.JOIJRNED TO THE SELECTMENS MEF_TIFIG AT THE
HIGH SCHOOL LECTURE HALL TO SEE A PRESENTATII.7Fl BY THE
MUNICIPAL SPACE: C01-INITIE:E ON THE TOWN HALL CONNECTOR: : PEARL
ST. BUILDING SOLUTIONS TO THE MUNICIPAL SPACE PROBLEMS.
THE OPTUOIIS COST OUT AS FGLLOWS�
0:IF1NECTOR OPT I011 4:4 , 325,000.
PERF:L. ST. 5,32D,000
PEARL ST. (ST'RIPPF_D) 4, 480,000
THE. FINANCE COMMITTEE WAS ASKED FOR ITS INPUT AND AFTER
PRESENTING OUR 10 YEAR. FORCASTS TO THE ASSEMBLY (AND IN
THE FROCE4�S RUINING THE 'NORE .JOVIFIL MOOD WHICH HAD
PREVAILED,, INDIC:ATE.D THAT ANY OF THE PLAN' PRESENTED WOULD
E,E ALMOST IMP'OSSIBL.E TO ACHIEVE. THERE WAS MORE: DISCUSSION
/ OF THE FISCAL PROBLEMS OF THE TOWN. 140 COMMITTEE VOTED ON
1"HE. MUNICIPAL_ 'uPFu;E: ISSUE ( IN PART CLUE TO NO SCHOOL COMMITTE
REPRESENTATIVE BEING IN ATT'ENIIANCE) AND THE SELECTMEN MOVED
ON TO THE F:E'.ST OF THEIR AGENDA. THE: FINANCE COMMITTEE: THEFT
DEPARTED. IT HAS REC:DI'•1MENDED THAT FROM NOW ON WHEN THE
FINCOI°I ATTEND-, JOINT MEETING=: THEY COME PROPERLY GARBED IN
HOODED BLACK: RUPES FIND CARRYING SCYTHES.
DON ALLEN
LIASON ASSIGNMENTS FOR 1988-1989
1
BOARD OF SELECTMEN! TOWN! MANAGER ,
----------------------------------
ELIZABETH GREENE
RANDOLPH HARRISON JR.
PAUL DEVLIN
SCHOOL COMMITTEE ! SUPERINTENDENT OF SCHOOLS
---------------------------------------------
ROBERT MUCCI
R. TAFT PORTER
CHARLES CATALFAMO
AUDIT COMMITTEE
_ -----------------
DONALD ALLEN
BRIAN MCMENRMIN
R. TAFT PORTER
FIFE FACILITIES :-STUDY
----------------------
ELIZABETH GREENE
PENSION-REFORM-ACT-STUDY-COMMITTEE-
�I DONALD ALLEN
SCHOOL SPACE STUDY COMMITTEE
-----------------------------
BRIAN MCMENRMIN
THE FOLLOWING MEMBERS WILL BE AT LARGE LIASONS AND SHOULD
ATTEMPT TO BE AVAILABLE FOR GENERAL ASSIGNMENTS.
----------------------------------------------------
DONALD ALLEN
BRIAN MCMENRMIN
DEAN HASKELL