HomeMy WebLinkAbout1993-03-31 Finance Committee MinutesFinance Committee Meeting
March 31, 1993 The meeting convened at 7:30 p.m.. in the conference room, at
16 Lowell Street, Reading, MA.
The following members were presentf Chairman Richard Coco,
Fred Van Magness, Bill Murphy, Bill Albro, Gerry MacDonald,
Jim Keigley and.Ndtc.White. Also in attendance were Town Manager
Peter Hechenbleikner, Bob Nordstrand and Beth Klepeis.
On motion by Nate White seconded by Gerry MacDonald the board
voted to approve the March 15, 1993 Minutes. The motion was
approved with a vote of 7-0-0.
On motion by Nate White seconded by Gerry MacDonald the board
voted to approve the March 17, 1993 Minutes with corrections.
The motion was approved with a vote of 6-0-0.
The only changes in the projected budget revenues are, state
aid has been reduced by $50,000 and free cash has been reduced
by $40,000.
Rubbish Collection is decreased by $112,000. $12,000 may be
used to purchase additional recycle bins due to the fact that
plastics, magazines and cardboard will be added to the recycling
;program.
Beth Klepeis addressed the board to be aware of the need for
additional money, $8,750 for Personnel Professional Development.
On motion by Fred Van Magness seconded by Bill Murphy the board
voted to approve an increase in the amount of $8,790 for the
Professional Development Account. The motion was approved
with a vote of 5-2-0.
Bob Nordstrand stated that there is not enough money budgeted
for the Appraisal Service. The proposed amount of $3,000 would
not cover an extensive appraisal, it would be anywhere from
$4,000 to $6,000.
On motion by Bill Murphy seconded by Gerry MacDonald the board
voted to reduce line item C-6 from $3,000 to 0, with the budgeted
amount to go into the reserve fund. The motion was approved
with a vote of 4-3-0.
The projected property tax revenue for fiscal year 94 is $2,410,512,
the amount of the overide. Provisions for abatements is back
up to $400,000 and motor vehicle excise tax will remain the
same at $1,350,000.
On motion by Fred Van Magness seconded by Bill Murphy the board
voted to approve that line item B-6 be increased from $51,,916
Finance Committee Meeting
March 31, 1993
Page 2
to $53,587. The motion was approved with a vote of 5-2-0.
On motion by Bill Murphy seconded by Gerry MacDonald the committee
voted to increase line item B-8 for Community Development,
to $59,918. The motion was approved with a vote of 4-3-0.
On motion by Fred Van Magness seconded by Gerry MacDonald the
committee voted to increase line.item C-11 to $40,982. The
motion was approved with a vote of 6-1-0.
On motion by Fred Van Magness seconded by Nate White the committee
voted to increase line item D-4, Town Counsel from $95,000
to $97,500. The motion was approved with a vote of 4-3-0.
On motion by Fred Van Magness seconded by Bill Murphy the
committee voted to increase line item F-1 to $396,055, for
additional library hours. The motion was approved with a vote
of 5-2-0.
On motion by Fred Van Magness seconded by Bill Murphy the committee
voted to increase line item F-2 to $93,808 for additional library
supplies. The motion was approved with a vote of 7-0-0.
On motion by Bill Murphy seconded by Fred Van Magness the committee
voted to increase line item G-1 to $1,753,804 for police training.
The motion was approved with a vote of 4-3-0.
On motion by Fred Van Magness seconded by Bill Murphy the committee
voted to increase line item G-2 to $161,986. The motion did
not pass with a vote of 3-4-0.
On motion by Fred Van Magness seconded by Bill Murphy the
committee voted to reconsider the previous motion for public
safety. The motion failed with a vote of 4-3-0 (a 2/3 vote
being waivered). The budgeted amount remains at $157,986.
On motion by Fred Van Magness seconded by Bill Murphy the committee
voted to increase line item G-5, training for the fire department,
by $10,000. The motion was approved with a vote of 7-0-0.
On motion by Fred Van Magness seconded by Bill Murphy the
committee voted to increase line item G-6 by $30,000, for
the refurbishment of the pumper truck. The motion was approved
with a vote of 7-0-0.
On motion by Fred Van Magness seconded by Bill Murphy the
committee voted to increase line item G-7 to $171,113 for an
additional dispatcher. The motion was approved with a vote
of 5-2-0.
On motion by Nate White seconded by Bill Murphy the committee
voted to increase line item H-3 to $118,219, for engineering
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March 31, 1993
Page 3
service. The motion was approved with a vote of 7-0-0.
On motion by Fred Van Magness seconded by Bill Murphy the committee
voted to increase line item H-7 to $229,024, for contractual
services fora street sweeper. The motion did not pass with
a vote of 3-4-0.
On motion by Bill Murphy seconded by Jim Keigley the committee
voted to increase line item H-8 to $118,000, for the purchase
of a new loader and sidewalk snow plow. The motion passed
with a vote of 7-0-0.
On motion by Fred Van Magness seconded by Bill Murphy the committee
voted to increase line item H-11 to $5,000, to restore the
tree nursery fund. The motion was approved with a vote of
4-3-0.
On motion by Fred Van Magness seconded by Bill Murphy the committee
voted to increase line item H-14 to $21,000, for a new heating
system at the west side fire station. The motion was approved
with a vote of 4-3-0.
On motion by Fred Van Magness seconded by Bill Murphy the
committee voted to reduce line item H-19 by $100,000, reflecting
the new contract fee for rubbish pickup and recycling. The
motion was approved with a vote of 5-2-0.
On motion by Bill Murphy seconded by Gerry MacDonald the committee
voted to vote the amount of $31,825 to line item H-22 which
was previously reduced. The motion did not pass with a vote
of 0-6-1 with Bill Murphy abstaining.
On motion by Jim Keigley seconded by Bill Murphy the committee
voted to increase line item H-23, to $42,800 for the purchase
of a backhoe for the cemetery. The motion was approved with
a vote of 5-2-0.
On motion by Jim Keigley seconded by Bill Murphy the committee
voted to increase line item I-1 to $167,923, the salary adjustment
fund for the municipal side. The motion was approved with
a vote of 7-0-0.
Upon discussion of line item J-1, the board decided to postpone
voting until Wednesday, April 7, 1993. There will be an executive
session at 7:30 p.m. with the school committee.
On motion by Fred Van Magness seconded by Gerry MacDonald the
committee voted line item J-2 in an amount of $117,915. The
motion was approved with a vote of 6-0-1 with Jim Keigley abstaining.
On motion by Fred Van Magness seconded by Bill Murphy the committee
voted to increase line item L-4, Group Health and Life Insurance
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March 31, 1993
Page 4
$8,400. The motion was approved with a vote of 4-3-0.
On motion by Fred Van Magness seconded by Bill Murphy the committee
voted to increase line item L-5 to $158,888. The motion was
approved with a vote of 4-3-0.
On Monday, April 5, 1993, articles will be reviewed and voted.
The Finance Committee Meeting was adjorned at 10:05 p.m.
Respectfully submitted
Lisa Zanni
Secretary