HomeMy WebLinkAboutFINCOMminutes02232012 �1.
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Minutes for February 23, 2012
Attending: Charlene Lavin
Karl Chambers
Jack Goldberg
Jim Lazzara
Steve Schoonveld
Andres Gazzolo,Chairman
Guests: Town Manager
DPW Director
Meeting: opened meeting at 7:40 p.m.
Topics of Discussion:
1) Water,Highway,Waste Water,Snow&Ice,Public buildings,Engineering,and Enterprise
Revenues FY13 presented
2) General FinCom items
1.)The DPW Director and Town Manager presented the budgets:
1. Water
a. Expenses-reallocation of costs from Management
b. Water Enterprise Revenues
c. Water has a surplus without using retained earnings
2. WasteWater
a. Expenses-may want to review the unfunded liability at 50K
b. WasteWater Enterprise Revenues
c. WasteWater has a surplus without using retained earnings
3. DPW Administration—5% increase since 2005 due to contract renegotiation and the automated
disposal approach. Waste Management contract goes through 2015
4. Engineering—may wish to put this into DPW next year
5. Public Buildings—Page 2 change, a reduction. 524000—is 83K enough? There are additional
capital requests
6. Highway—additional EPA regulation requiring sweeping,drainage cleaning,and testing in
529009 Highway-Contract Service Support
7. Snow&Ice-done
8. Commuter Parking Enterprise Revenues
a. Andy informed Lee that we are reviewing the Enterprise Fund balance
b. FinCom needs to identify which projects are needed
- a TOWN OF MANSFIELD
Finance Committee
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Six Park Row, Mansfield, MA 02048
Room Committee Meeting Room, 3rd floor
Minutes for February 23, 2012
c. TM—fee is$4 for all. In West parking lot there were a fair number of vacant parking
spots. should be installed. 15-
d. Machines to collect fees are out for bid now. Middle
e already implemented.
17,000 a machine. We need for 5. The phone
2.)General FinCom Items:
Yesterday FINCOM FY13 presented budget to the Selectmen.There is a need to receive a
ection/expectation of new capital and a split between that which was bonded and that which has not
p roj
been approved.
Ambulance enterprise account article....
Two new articles/proposals by FinCom:
1. Stabilization Account
2.Capital Stabilization Account creation
Andy to work with John on the article for the commuter enterprise account
Approved minutes of February 16,2012: 6-0.
Next meeting scheduled for Thursday March 1 at 7:30 PM.Budgets of the Electric,Airport Commission
&Finance to be reviewed.
Town meeting tentatively scheduled for April 24th• g proposal
has is speaking
with the schools on the current budget view,Mr.Trowbridge. Their budget p p
has not changed.Forecasted Net School Spending is over$4M the recommended even after cuts.
Motion to adjourn by Jim at 9:45 pm