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HomeMy WebLinkAboutFinance Comm. 01/16/2025Town of 1Mlansield 6 Park low, Mansfield, Massachusetts 02048 Finance Cor%�r itee j 'T�rl Board ---- 1025 i :'i .,\ 8: 2b Present: Ms. Sara Walsh, Chair, Mr. Scott Feely, Vice Chair;'Ms: Greta4H-U' Tsioch, Clerk, Mr. Jack Cooney and Mr. Ryan Martin were present in meeting room 3 A/B at Town Hall. Ms. Melinda Tarsi-Goldfien and Mr. Michael Flaherty were present virtually via GoToWebinar. • Open Meeting Ms. Sara Walsh called the Finance Committee meeting to order at 6:37PM. Tri Board and Budget Subcommittee Participation The Finance Committee attended the Budget Subcommittee meeting with the School Committee and Select Board. Please the meeting minutes of the Budget Subcommittee for the summary of the discussion. • Discussion and review of current budget and agreed upon steps to reduce $4.9 million shortfall to $2.9 million shortfall • Discussion and consideration of further reductions and moving variables • Discussion and consideration of balanced budget and preferred budget • Discussion and consideration of spring timeline for public forums, procedural steps, town meeting and election • Committees vote on timeline Motion: To make a recommendation to the Select Board to move forward with the proposed plan to put an override forward and the timeline proposed to move forward in the budget process, as shown in the presentation as slide 9 columns two and three. (Feely/Cooney) Roll call Vote: Flaherty — Yes Tarsi-Goldfien—Aye Cooney —Aye Feely —Aye Thurston — Aye Maring — Aye S. Walsh —Aye Passes 7:0 • Adjourn Motion: To adjourn the Finance Committee meeting of January 16, 2025 at 7:3813M. (Feely/Cooney) Roll call Vote: Flaherty — Yes Tarsi-Goldfien —Aye Thurston —Aye Maring — Aye Passes 7:0 Signature Minutes prepared by Carrie Champagne Cooney — Aye Feely — Aye S. Walsh — Aye Date