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HomeMy WebLinkAboutFin Comm Minutes 2/22/2005C Town Of Mansfield Finance Committee February 22, 2005 Presiding: Andres Gazzolo Present: Jess Aptowitz, Jack Goldberg, and Jim Lazzara Also in attendance: John D'Agostino, Richard Boucher Chairman Gazzolo called the meeting to order at 7:38 P.M. Ii Richard Boucher and John D'Agostino presented a schedule of the town's entire long- term debt (including schools, and all enterprise accounts). FINCOM asked Richard to get back to the committee within the next month with an analysis that shows Mansfield debt, as compared to other similar towns in the area as well as an analysis that shows what the town's debt capacity may be. Richard also made a presentation proposing bringing the entire payroll function for the entire town in house. Richard said that this would not add any additional personnel and the approximate cost of $50,000 would bring the town a payback in 3 years. On a motion that was made and duly seconded, it was voted 3 -1 (Aptowitz), that FINCOM would support the treasurer's proposal for bringing in house the payroll processing. Chief Bellevance spoke about the ambulance billing, collection issue and cost of running the ambulance. The Chief will look at the total cost of running the ambulance (including, but not limited to salaries, benefits, depreciation and general expense). and report back to FINCOM in order for FINCOM to make any recommendations to the selectmen. Mike Sams will coordinate with John Moretti a review of the school's budget articles. Mike Sams /Jess Aptowitz will put an agenda together for the executive session with the selectmen, school committee in order to develop a strategy to institutionalize a process for negotiating union contracts on an ongoing basis. Op a motion that was made and seconded, it was Voted to adjourn the meeting at 9:30 P.M. Respectful y sub d, Je t i Se reta