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HomeMy WebLinkAbout1993-01-27 Finance Committee MinutesTown of Reading Finance Committee Meeting of January 27, 1993 ? -0 The meeting was called to order by Chairman Coco at 7:30 P.M. in the Town Hall Conference Room, 16 Lowell Street, Reading, MA. All nine Finance Committee Members, including newly appointed member. Stephen Blewitt, were present. Also in attendance were Superintendent of Schools Bob Munnelly, School Committee Chairman Matthew Cummings and School Committee Members Susan Cavicchi, Barbara Philbrick and Timothy Twomey. James Keigley gave a brief report re: activities of the Capital Improvements Sub-Committee. It was voted 8-0-1 to approve final payment of $4,000 to audit firm KPGM Pert Marwick for audit of fiscal 1992 town financial affairs. Matthew Cummings, School Committee Chairman, presented a summary view of the proposed School Department budget for fiscal 1994 as a preface to a later detailed budget review. A prolonged discus- sion followed relative to revenues to support level service tour operations for fiscal 1994. However, no specific actions were taken relative to School Department budget recommendations. Chairman Coco will request the Board of Selectmen to consider holding a joint Selectmen - Finance Committee meeting on February 9, 1993 to consider total town budget. The meeting adjourned at 9:30 P.M. Respectfully submitted: N.C. White, Acting Secretary