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HomeMy WebLinkAbout2003-01-09 RMLD Operating and Capital Budget Subcommittee MinutesJanuary 16, 2003 Operating and Capital Budget Subcommittee Meeting, January 9, 2003 Posted for 6:00 P.M. - 7:30 P.M. Meeting started at 6:06 P.M. Cameron, Fournier, Pacino and Hughes present. Herlihy attended at 6.15 P.M. As Fournier spoke to Herlihy on how the Op Bud was prepared, Cameron brought Pacino and Hughes up to date on the CAB's Op Bud comments. Soli arrived at 6:30 P.M. Fournier gave a review of the 2003 Operating Budget stating that RMLD would be over recovering by $3M. Review of "Professional Services" spreadsheet followed since the CAB had discussed said issue in depth. Discussion followed about another one-time rate refund when Soli suggested decreasing the base rates. Mr. Cameron suggested increasing the billing discount from 10% to 17% so that the over recovery would be eliminated. Pacino endorsed that idea. Soli had a question on the Capital Budget material costs which Cameron answered. Discussion followed on Community Relations budget as to what can cannot be spent. tiz Herlihy and Hughes agreed to talk to Gottwald to resolve. Herlihy asked where telephone expense could be found. Herlihy would like to see all actual telephone expenses and Soli would like to see all actual travel expense reflected on separate page in the monthly financials. Discussion on non RMLD street lights and snow plowing expense ensued. Meeting adjourned.