HomeMy WebLinkAboutFINCOM MIN04142011
TOW,,,! RECEIVED
TOWN OF MANSFIELi)CLfRKS OFF'ICE
Finance Committe~l APR 2q A 1: 42
Six Park Row, Mansfield, MA 02~
Room Committee Meeting RoomM3;T~)~{~/ fL 0
Minutes for 14 April 2011 JSETTS
Attending:
Karl Chambers
Greg Arnold
J ames Lazzara
Jack Goldberg
Charlene Lavin
Andres Gazzolo, Chairman
Tom Ratliff
Bill Ross, Town Manager
Meeting: opened meeting at 7:30 p.m.
Topics of Discussion:
FY12 Budget
Chairman:
Discussed budget issues:
FY12 Ch. 70 - $5000 more than forecasted
State Revenue - $187,000 less than forecasted
Mr. Lazzara:
Discussed schools
Schools requested $800,000 above the $38.2 million the Finance Committee forecasted
There was continued discussion concerning net school spending and it's challenges.
Mr. Goldberg:
Discussed unfunded liability and the challenges around the propose substation project fmancing.
Chairman:
Discussed water and sewer review. One reservation was on the revenue side, the 6% increase request
was not in the FY12 budget. He stated he advised water and sewer not to change for FY12 but add in
as an assumption in FY 13 budget proposal.
The Chairman went over the dates and times ofFY12 budget reviews with department heads.
Miscellaneous:
There was a general discussion around networking all town offices and enterprises while utilizing a
dedicated financial software accounting system, which would bring Mansfield into the technology era.
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Motion: to close meeting at 8:10 p.m.
Signature of Clerk
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Date of Approval
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