HomeMy WebLinkAbout1940-01-10 Finance Committee MinutesMeeting of the Finance Committee January 10, 1940
4
The meeting was opened b the Cha : -an
of the last meeting were read and approved.
First National Bank in response z a reques
mortgage and interest payments.
at 7:25 o'clock. The records
A letter was read from the
t for infornation regarding
7erbal `£:'rport was received from _'_:r. H. Raymond Johnson from the
Co-operative 'Y'ank and the Mechanics Savings Bank in which he stated that
conditions e._, 't?er7 favorable in both Ban s. that interest Payments were
being met and a 77 o r a. s 7 been foreclosed. in addition he spoke,
partIca arly regarding the assessment of property ~.n felt that it was :a
matter that t should , e
, ou 'a be stt~.die~. very . t~"?.(~1'r'1.` J'' ~ ~T mi." t'_ - near '`.'1;tt~.'!.`€?.w
A statement was presented fron the Collector of Taxes reporting
tax Col1_f?C'.t_%o:'l.s $ being a comparative statement for the years 1935-1939
inclusive.
letter Vas read from the Board of Public
exhaustive review of general Welfare conditions
c_ t ook for the coning y~'iar.
±~.e ort of valuations }yp{fo x,.939 and estimate
,y {
Welfare which 7as an
a;_"id igrcts treated as the
for 1940 was rece Tied
The Town, Accountant stated that it was not possible to obtain
accurate figures for State and County Taxes and probable receipts at this
tint . but presented fig res based on previous experience.
A poll was taken to ascertain the minds of the C =.ttee as to glee
ffi
tax rate for 1940. Result of the ^e1_t_ was an average of Q26
was voted to invite the Board of Registrars, the Assessors, 2 _ the
TC3wn. CtJu13 el to attend the next meet` to confer _ , ng the l i stt r
of persons and other matters concer '>oth Boards.
The a s.ub-C,"t`"IY.'^1 a"tnes o ''v'' Schools, the Se ectmena udgets, the BCJa'E'd
of Public Welf 2 c rd o , llc 'corks were requested to confer with
respective Boa res re -V:i?'g 3'`, lgets so that they would be ably; to report
at the next meeting.
it was voted to meet next on January 24th
no Laurance Rcn,-arts presented she matter of Oti c t a.on getting r t
from t"- -I-ice , . a
' n .'`y`c~ °r feeling L'
. .>_I r '~e e ti~.s the '~"1 "°}~a `3 a.t~ tins
a
of the - t:j r~. s~"..o c: s,5e L as confidential until such time as it was
des r` 41 . rake t_ U awl i c
Adjourned 8:45 P,M,
('Tenrflbers present: Chr. Devaney, Connelly, Cur rel1, 4v s, Folsom,
Go dsn th, Kimball, Newell, ?,oyes, Trevor, Long, its
Clerk.