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HomeMy WebLinkAbout1939-10-10 Finance Committee MinutesMeeting of the Finance Coromittee October 10, 1939® The meeting; was upend by the Chairman at 7.03 o'clock. The School Cortniiittee represented by Clem. Tanner and Supt. Grover, first appeared for Article 3 of the warrant for the Special Meeting October 17th. Mr. 'T'anner stated that owing to certain economies affecting the :School Department General Salaries Account there would be a sufficient balance to warrant a transfer from this account to the General Maintenance Account. This would make it possible for the Coramittee to purchase certain equipment and make minor repairs at this time which would mean a saving in view of rising costs which had become very apparent. He presented a list of items which in the judgment of the Committee should be provided for this year and would result in reducing somewhat the budget items for 190. The iu'lunicipal Light Board next appeared, Chm. Johnson, Supt. Sias for i .i Article 7, r. Johnson presented the office building project and submitted figures showing the cost of land and building to date. Of the original appropriation of 436,000.00, about i`300.00 remained above the items already contracted for. He stated that they had not been able to make the necessary repairs and alterations to the drug store property so-called, and other necessary work such as grading, etc. and estimated that it would cost about =X3000,00 to complete this work, There was a general discussion of the matter and several questions were asked and answered. In executive session it was voted under article 2 to recommend that $2, 000.00 be transferred from School Department General Salaries Account to School Department General Maintenance account. Article 7. It was voted to recommend transfer from the Municipal Light Department Cons tructi on Fund to the Municipal Light Department Office Bui ld- i ng Account, a sum not to exceed 5,000.00. The Chairman of the -Finance Cormiittee at this point, read a letter from the Collector of Taxes requesting a transfer from the Reserve Fund of $150.0( for Collector's Clerical Assistance. It was voted that this matter be referred to the Sub-co h-aittee. The Board of Public Welfare next appeared, Mrs. Kittie lll. Bangs and Supt. Harnden. Mr. Harnden spoke for the Board stating that approximately $,12, 000.00 would be needed by the Welfare Department for its various brancheE .for the remainder of the year. The amounts requested are as follows To General Aid From Aid to Dependent Children q~2, 00, 00 tt st it t Ad-ca. 00.00 Special Labor Appro 2,000.00 Reserve Fund 1,500.00 From Old Age Assistance Adm. to Gen.Aid Adm. 130.00 Reserve Fund to Old Age assistance 10000.00 By borrowing; 08,000.00 for General Aid. The Board of Public Works next appeared'. 'Ir. Lindsay, Supt. Welch. The Board requested a transfer from the Reserve Fund of $200.00 to the Sewer House Connection. Account in order to take care of applications which have been received for sewer connections. Mr. i, lch stated that there was $70.72' remaining of t'_he appropriation for Highway Equipment and the Board wished to use this balance together with money from the regular Snow & Ice Account for the Durchase of snow plovis. No action was taken in regard to thi's matter. October 10, 1939, Cont. The Drainage Committee next appeared under Article 4, Town Counsel Davis represented the Committee, with Mr. Geo. Zanni, Mr. Frederick J, Laidlaw, Mr, Welch and Mr. Lindsay, Mr. Davis stated that ~f110,000 was needed to obtain plans, engineering service, surveys, etc, in connection with the proposed drainage project. It would be necessary to obtain this information in order to present he matter to the State and especial 17 if Federal funds were to be obtained. The amount requested was based upon an estimate furnished by the State Department of Public Works. Mr, Davis read to the Committee the potion which would be presented at the Torn Meeting. There was very little discussion on this matter as the whole drainage problem had been before the Committee several times. The Town Counsel presented a request for a transfer from the Reserve Fund of $140,00, The Board of Selectmen next appeared, Chairman Goodridge and Yr, Morton. The Chairman requested a transfer from the Reserve Fund of "400,00 for Fare Alarm Maintenance Account. The Chairman explained that this additional money was made necessary because of the change of a number of M nicipal Light poles which required that the Fire Alarm wires also be changed, $225.00 was requested fox' Election and Registration Expenses, made necessary by the special meeting on the acceptance of the drainage account and Town Meeting to be held Oct. l7th; also ; 100,00 for Military Aid Account, In executive session the following votes were passed: Art. 3, From.O,A.A. Adm. to Gen, Aid Adm, 0150-00 0, 00 From A..D. C . to General Aid 20100100 From A .D. C . Adm, to General Aid From Special Labor Appro. to Gen,Aid 2000,00 From Reserve Fund to Old A-e Asst, 500,00 Voted to borrow ;;x7,500,00 for General Aid and $500,00 for Old Age Asst. total, $8,000.00 under Chapter 72 of the Acts of 1939, Art. 4* Voted to recommend in accordance with motionf i.e. Transfer 41,000.00 from Special Drainage Account and borrow $,9000,00. Voted the following transfers from the Reserve Fund: To Tone Counselts Expenses $1W0,00 Elec. & Reg. Exp. 225,00 Fire Alarm. Maint, 400.00 Military Aid 100,00 Seger N.C. 200,00 Adjourned 9,20 P.M. r~embers present: Chm. Devaney, Connelly, Currely,Davis,Ellison,Folsom, Kimball.Newell,Sturges, Trevor, Clerk.