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HomeMy WebLinkAboutFin Comm Minutes 7/3/2003Town of Mansfield Finance Committee July 3, 2003 Presiding: Andres Gazzolo Present: Charlene Lavin, James Lazzara, Mike Sams & Jack Goldberg Excused: Frank DelVecchio Chairman Gazzolo called the meeting to order at 7:40 p.m. APPROVED (5 -0): Request for transfer from reserve fund for $8,000 for heat APPROVED (5 -0): Request for transfer from reserve fund for $11,000 for highway electric Discussion regarding general budget matters. The vocational school's budget and the Town of Mansfield's assessment was discussed. An open letter will be published to inform residents on the vocational school budget matter. Discussion regarding how the Fincom would have more access to the Selectmen to review financial matters. An email will be sent to the Selectmen to remind them of agreements that cause the 1s` $400,000 of free cash and $200,000 from the School Department4frevert to Stabilization. Discussion regarding the Fincom's belief that a greater involvement in the Electric Department's budget is appropriate. Jeffrey Lang's resignation from the Fincom was read and accepted (4 -0). Professional opportunities in New York required that he and his family relocate. All members were asked to give consideration to find a replacement for him. The Fincom will extend an invitation to the Cable Access Board to review and discuss their budget. On a motion that was duly made and seconded, it was: VOTED (4 -0): to approve the minutes of the May 13, 2003 and June 5, 2003 meetings. On a motion that was duly made and seconded, it was: VOTED (4 -0): to adjourn the meeting at 8:30pm Respectfully submitted,., Jack Goldberg, Secretary