HomeMy WebLinkAbout1988-11-23 Finance Committee Minutes 4W
Finance Committee Meting Nov 21, 1988, Employee lounge
Absent, Mucci, Haskell, Porter
Present: Bernice Herrick, Chair of Depot Task Force and othermembers
Robert Mmnelly, Supt of Schools
Peter Hechinbliekner, Town Manager
meeting fined at 7:35
The first order of business was a presentation by the Depot Task Force
relative to parking at the depot. Theirs is basically a Sticker permit
Plan. The discussion is summarized in the pecomendation .to gown
Meting attached. This is Art 12 on Special 'Town Meeting warrant.
Dr. Mnnelly then presented the net increase required in the School
Salary budget to Fund settlements with unions and expected settlements
with unions which have not yet ratified) , The amount required would
be an increase of $582,098 from Free Cash. This would increase line
96 of the Spring Budget voted by Ton Meeting for Salaries from
$11,062,689 to $11,644,787 (an increase of 5.38) The total School
Budget would increase to $14,239,940. for line 100, which is the
actual amount voted on by town meeting.
The major portion of the settlement is with the Teachers Union
and is as follows. 48 first year + 38 additional after 6 months,
4/3 8 again in the second year and 558 in third year.
Finance Committee voted to recommend Art 10 which ammnds the
budget voted at spring town meeting for line 10o in the amount of
$14,239,940 JondduD=mw& (an increase of $582,098) by a vote of
9058.. 3-m -I
The committee then reviewed the settlements on the Municipal
side but did not vote any amounts as the numbers wer,. to change
almost at once, since the Firefighters had just approved their
contract. Action was postponed to a future meeting.
Brian Mchhnamin questioned both Dr. Mnnelly and the Town Manager
as to how these pay increases were to be funded in the future
2nd and 3rd year of contracts. The Towns financial condition appears to
be precarious for the forseeable future. . The replys included reference
to using Free Cash, Real Estate Funds, Lay:o$s of personnel) etc. There
is no codified plan,as such, to meet these future costs. Fincom may at
a future date take a shot at this problem and see what we can cam up with.
The Town Manager then presentd Art Special Town Meeting. Funding
phnemgloyment Benefits. The attaci� Meetmg Recam endaticn
samiarizes the results of this discussion.
Article 24 Subsequent Tom Meeting, Health ins. was next discussed.
T uE s artticle would petition the Legislature to allow the Retirees on
B/C-B/S to be placed in a group seperate from the Primary.Carrier group
& rated seperately. This article will be indeffinitly postponed so that
an advisory committee (required by law) can review the proposal and make a
recamendaEion to the Town Manager before next 'Town Meeting-
Conversation then degenerated into a general discussion of the Towns future
financial plight, various union settlements, Bear Hill problems, Town Meeting,
the Sports Scene and the weather. Meting adjourned at 10:30 approx.
Don P1jen: Chair (&Desk) . .
Z 1
Vr -
ARTICLE 1?- JNDING' FOR. DEPOT PRRKIHG FROGRAI1
THIS DEPOT
IS FOR
'.EEO MONEY TO START UP
THE DEPOT So WE
WILL
NORM. THE PTHAT P ITSELF HAS BEEN
DESCRIEED SO WE IJILL NOT REPEAT THAT PRESENTATION.
THE START UP MONEY CONSISTS OF THE FOLLOWING
START-UP EXPENSES FOR PERIOD_1_1/89-TO_6/S0/+'9
- r
1. SNOW REMOVAL (IFI ADDITION TO THE FLOWING 000 A 1 ha ..,
CURRENTLY PROVIDED)2. S ".
MAINTENANCE <STRIF INO, PATCHES ETC? S,PFO
qhw
I. STREET SIGNS 0125 SL3hlS FT FPFR:{ $47 Efli 640. A-
4. METER MAID (20 HRS AT $7.00 FOR MOS. ) 509
UNIFORMS 1,000
6. PRINTING (FLYERS ETC>
�. VEHICLE (EITHER ESCORT TYPE OR 71000
MINI PICK.-IJP)
3'25,000
TOTAL __-____- !
ANNUAL REVENUES ARE Ei:PECTED TO BE AS FOLLOWS:
3. 150 NON RESIDENT :STICKER. ($?0. PER. MO) $ 561000
2. 500 RESIDENT ST iCKERS <4.1.00 PER YEAR) 5130
TOTAL ANNUAL REVENUE 836,500
ONCE THE PROGRAM IS OF AND FUNNING iY€.)iMHUAL EXPENSES
SHOULD CONSIST OF JUST Sh10W REM,FRS y130F1FORAEVENTUALER MAI❑
FOA! A FULL YEAR, RND A RESERVE
'JEHICLE REPLACEMENT AND MINOR EXPENSES. THE TOTAL ANNUAL {
E::F'EHSE OF THE PROGRAM L401JLD THEFT BE 9»RPEF:h ,IMATLY�ENF'. TO EEFJUSEO
PER. 'TEAR. INDICATING R SURPLUS OF 111,
T17 MAINTAIN RLL TOWN OWNED PARKING FACILITIES.
FIN,-UM FELT THAT A STANDARD VEHICLE WAS BETTER,
THAN THE GOLFCRRT
TYPE VEHICLE OFIIJ3IHALL4' PECDMMENDED Bi37�
OR
TR:IJC4:: IS CHEAPER THAN THE $9,000 RECOMMENCED TO PURCHASE THE
GOLF FART TYPE VEHICLE. ALSO SIHCE THE VEHICLE WILLUONLY
ULDABE17
USED FOR F'ARK.:ING COHTS`.UL ON A PART TIME BASIS, IT
BE MORE EASILY USED FOS: OTHEF' TOWN PURPOSES AND FkOERELI'
WOULD BE EASIER TO MAINTAIN.
DUMC i7N INCREASED THE NUMBER. OF STREET SIGNS S:EQUESTED
FROM 104 TO 125 TO ALLOW FOR iIGNS TO BE POSTED
EVEN FURTHER FROM THE DEPOT AND TO INCREASE THEIR DENSITY IN
THE DEPOT AREA.
FII•ICOM HLSO QUESTIONS THE f_HRRGE OF $1.00 PER YEAR FOR RESIDENT
STICI(ERS, SINCE IT WOULD COST MORE THAN THAT TO ADMINISTER
500 STICKERS. IT WAS RECOMMENDED TO EITHER ELIMINATE THE
RESIDENT CHARGE ALTOGETHER OR RAISE IT TO A HIGHER AMOUNT ($10 )
THERE WAS SOME QUESTION AS T7 IJETHEF! ESTABLISHING fF SEFEF:ATE
FUND FOR PARKING REVENUE WOULD HAVE THE EFFECT OF SEDUCING
TOWN MEETINfi CONTROL OF THOSE FUNDS. THE MONIES IN THAT FUND
CAN ONLY BE SPENT BY RFFROF'FIIATION BY TOWN MEETING AND HENCE
F:EMRIN IJITHIN THE NORMAL BUDGETARY PROCESS. J
FINANCE COMMITTEE RECOMMEDS ARTICLE 12 IN THE AMOUNT OF
325,000 BY A VOTE OF 5-1-0