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HomeMy WebLinkAboutFINCOM MIN03102011 TOWN OF MANSFIELD TOWN ~[~REIVED c KS OFF" Finance Committee lOll APR _ CE Six Park Row, Mansfield, MA 02048 8 A 7: 52 Room Committee Meeting Room, 3rd flOOfM MANSFlfL Minutes for 10 March 2011 .4SSACHUSf~ TS Attending: Karl Chambers Tom Ratliff J ames Lazzara Jack Goldberg Andres Gazzolo, Chairman Meeting: opened meeting at 7:33 p,m. Topics of Discussion: FY12 Budget The Committee Chairman stated he is trying to maintain the current staffing level of the town. The town currently has a FY12 deficit of $700,000. During recent budget meetings it was thought the town was working with a FYI2 deficit of approximately $200,000. Some charges were uncovered during the past week that was unkno~n previously, including the penalties for the last two years for underperforming concerning the net school spending. The Chairnlan stated that Chapter 70 funding is expected to go down over the next five years due to student head count declining. The FY12 budget is expected to be voted on by the Finance Committee during the 17 March 2011 meeting. The purchase of the second town ambulance during FY12 was discussed. The bid came back very favorably. Depending on the results of the vote during the town meeting in May, the ambulance would be ordered in July with delivery in the fall. It should be noted that the ambulance service is a revenue generator for the town and would far exceed tlle expense of the cost to purchase. This would put allow both ambulances to be replaced on a rotational basis beginning FYl5 and every two years thereafter. There were several exchanges between Mr. Lazzara, Mr. Goldberg and Gary Babin from the town Light Department. It was yet to be determined if the planned substation would be purchased via cash, bond or a combination. There were still questions that needed to be addressed before the Light Dept. budget could be voted on by the Finance Committee. Mr. Lazzara made a motion to wait on approving the capital and operational budget of the Light Dept. budget. The motion was approved, 5-0. Southeastern Regional Budget Presentation The school representatives, Mark Morris presented the Mansfield portion of the FY12 Regional budget. The school proposed a budget for Mansfield during FY12 would be $391,216. The Finance Committee forecasted a budget of approximately $398,000. There are 43 students enrolled at 3.2% over the overall -,-r student membership. Motion was made to approve the regional budget in the amount of$391,2l6. Motion approved 5-0. Motion: to close meeting at 8:16 p.m. ~. -' 7 /f!:/ c2;; (L Date of Approval Signature of Clerk .,..