HomeMy WebLinkAboutFINCOM MIN03172011
TOWN OF MANSFIELD
Finance Committee
Six Park Row, Mansfield, MA 02048
Room Committee Meeting Room, 3rd floor
Minutes for 17 March 2011
TOWN ~[FEIVED
., R/(S OFFICE
APR - 8 A
lS2
IJ /1ANSFlf
nASSACH LO
USETTS
Attending:
Karl Chambers
Greg Arnold
J ames Lazzara
Jack Goldberg
Charlene Lavin
Andres Gazzolo, Chainnan
Meeting: opened meeting at 7:30 p.m.
Topics of Discussion:
Miscellaneous
The Chairman opened the meeting by reading a memo from the Town Manager which was sent to the
school Superintendent concerning the town's decision to outsource the payroll processing. The school
department was advised they would be charged approximately $26,000 for FYI2.
Mr. Goldberg advised the Light Department that they didn't have enough information for the Finance
Committee to vote on their FYl2 budget. He stated that Gary Babin, Director, would submit their
budget by next week. The payment of the substation was discussed and there were still reviewing
whether to pay cash, bond or a combination of the two for the approved $8 million substation project.
They also discussed bringing technological advances to the Mansfield Electric meters and reading
process (smart readers), which would also assist the consumer and customize their best times to use
certain appliances (i.e. dishwasher, laundry machines) based on their personal usage. The cost of this
project was forecasted to cost approximately $2 million.
Ms. Lavin stated they voted on prioritizing the capital improvement requests. She stated they had
eleven priorities, which would cost approximately $2.1 million, of which some may be paid with cash
and/or bonds. She stated that the Fire Department's ambulance fund would be addressed out of its own
revolving account. Transport vehicles, public buildings, DPW facility designs ($400,000), highway
equipment, schools fields and tracks ($4 10,000 less $100,000 from athletic revolving accoIDlt for total
of $3 I 0,000) were addressed due to safety issues. She stated that there was approximately $800,000
for road repair was part of the $2.1 million budget.
FY12 Budget
..,...
The Chairman stated that with the current assumptions received and reviewed, the Finance Committee is
close to a FY 12 budget recommendation. He stated the schools have a FY 12 deficit of approximately
$420,000 and the town is close to no deficit.
Mr. Lazzara discussed the Net School Spending. He stated that there was a shortage of approximately
$295,000 toward the Net School Spending account as required by the Commonwealth. The figure also
included approximately $92,000 in the prior two years "catch up".
Motion: to close meeting at 8:05 p.m.
~
Signature of Clerk ---
-; ~/ ~JI
Date of Approval
""Ir