HomeMy WebLinkAbout2004-09-28 RMLD Capital Budget Subcomittee MinutesMinutes of Capital Budget Subcommittee Meeting
RMLD Board of Commissioners
Date:
September 28, 2004
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Time:
6:40 p.m.
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Place:
Cafeteria
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Attendees:
Messrs. Pacino and Herlihy
Messrs. Cameron and Fournier
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The meetin
g was called to order at 6:40 p.m.
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Mr. Cameron started the meeting by giving the Subcommittee an overview of the Operating Budget. Mr.
Cameron pointed out that the Six Year Plan shows the 2004 actual balances through June and budgets
figures from July through December. The 2005 balances in the Six Year Plan represent the Operating
Budget figures and the 2006 through 2010 are forecast based on best available information.
Mr. Herlihy asked about several budget items and if there were adjustments made for Miscellaneous Line
Labor, which was over budget last year.
Mr. Fournier explained what the account represented.
Mr. Cameron replied that this account was estimated based on what the RMLD was seeing this year.
The Subcommittee also discussed the possibility of a refund in November but Mr. Cameron said he
would not bring the recommendation to the Board until the August Financials were finalized.
Meeting adjourned at 7:05 p.m.