HomeMy WebLinkAboutFin Comm Minutes 5/13/2004Town of Mansfield -!V
Finance Committee i
May 13, 2004
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Presiding: Andres Gazzolo
g t f i LJ
Present: Frank DelVecchio, Charlene Lavin, James Lazzara, Jack Mike
Sams
Chairman Gazzolo called the meeting to order at 7:12 p.m
On a motion duly made and seconded, it was: -
VOTED: to accept the minutes of meetings on March 25, April 1, April 8, April 15, and May 1, 2004 (5 -0-
1)
On a motion duly made and seconded, it was:
VOTED: to accept the minutes of meetings on May 1, May 4 Executive Session, May 4 Workshop, 2004
(6 -0)
On a motion duly made and seconded, it was:
VOTED: to accept the minutes of meetings on May 4, 2004 (6 -0 -1)
Chairman Gazzolo discussed the events of the previous night's Selectman meeting including his
participation to correct inaccuracies in the School Department's presentation. At that time in the
proceedings the budget deficit was $160,000. The Selectmen moved to support a motion that would
appropriate another $80,000 from stabilization and seek another $80,000 reduction from the Schools.
Fincom reviewed a list of reductions from the Schools in the amount of $810,000, however, it was noted
that they were largely comprised of revenues rather than expense reductions and that there was not enough
detail to evaluate what was done.
A memo from John D'Agostino was reviewed. The memo indicated there would not be any more
reductions forthcoming and that Moretti and D'Agostino supported $160,000 from stabilization be used to
balance the budget. The matters were discussed but Fincom took no action on the Selectmen' vote or the
recommendation to use an additional $160,000 from stabilization..
Chairman Gazzolo led a discussion that brought out all of the topics the fmcom would discuss at town
meeting and made specific assignments for the organization and writing of the presentation.
On a motion duly made and seconded, it teas:
VOTED: to adjourn the meeting at 8:40 p.m.
Re ectful
ly submitted, -
/�I a
Ca Jac Goldberg,
c etary