HomeMy WebLinkAboutFin Comm Minutes 10/23/2003Town of Mansfield
Finance Committee
October 23, 2003
Presiding: Andres Gazzolo
Present: Charlene Lavin, James Lazzara, Mike Sams, Frank DelVecchio & Jack Goldberg
Chairman Gazzolo called the meeting to order at 7:30 p.m.
Discussion regarding the Light Dept. budget process. A meeting had been scheduled with
representatives of the Light Dept. and members of the fincom for October 29, 2003.
Chairman Gazzolo informed the committee members of an upcoming meeting with SE
Regional School to discuss the assessment calculation and process. The meeting will be on
November 6, 2003 in Easton. Mike Sams indicated he will call town counsel to discuss how
we can manage the assessment process and will attempt to obtain a copy of the governing
agreement.
Discussion of the upcoming statewide seminar for fincom members. Gazzolo, DelVecchio
and Goldberg will attend the November 1, 2003 conference at Holy Cross College.
Chairman Gazzolo read a letter from John Moretti inviting fincom representatives to a
meeting to discuss 05 budget matters. There was further discussion regarding expectations
for next year's budget. Chairman Gazzolo will respond about our intention to attend and
advise them on what he expects the economic conditions may be that must be considered as
they undertake the budget process.
Chairman Gazzolo informed the committee that he had indicated to John D'Agostino the
need for an itinerary for his upcoming budget process.
Chairman Gazzolo read a memo from Selectman McCue asking for a fincom representative
to serve on the Housing Task Force. Mike Sams volunteered.
Chairman Gazzolo indicated he will distribute some preliminary budget information to all
fincom members.
Discussion of the need to constitute a 5 -year forecast subcommittee. Frank DelVecchio
indicated he would lead this effort.
Discussion about the merits of asking all those with budget responsibilities to notify fincom
when line items exceed budget by a predetermined amount and percentage. Further
discussion will be needed.
Discussion about the need to schedule a quarterly review of departmental budgets.
Discussed the consequences of enterprise fund accounting and status for the Sewer Dept.
On a motion that was duly made and seconded, it was:
VOTED (5 -0): to accept the minutes of fincom meetings of May 13, June 5, July 3,
September 11, September 23, and September 30, 2003.
On a motion that was duly made and seconded, it was:
VOTED (5 -0): to adjourn the meeting at 8:55pm
R]etar �ectfully su�i/ � ,
JGol ber
Sy Wit'