HomeMy WebLinkAboutFinance Comm 04/13/1999Minutes of April 13, 1999
FINANCE •COMMITTEE MEETING
1
Present: James Noris, Chairman
Gerald St. Hilaire
Dennis Grady
John D'Agostino, Town Manager
GENERAL DISCUSSION
Andy Gazzolo
Frank DelVecchio
Gerald Sehenna, Veterans
Mr. Seherma requested a reserve fund transfer of $7500.00 for benefits for Veterans,
He said the additional money was_ needed due to increased demand for assistance. Mr.
Nods inquired if Mr. Scherma-had budgeted additional money in FY 2000. Mr.
Schermer, statedhe did budget and -additional $-35DG Mr. NorisinegWred.i€ht thotight
this would be enough. Mr. Schermer stated that he may need additional money again
next year, but that it all depends on the demand for assistance. He stated that for the
most part, this assistance -was temporary to -help, get the Veteranrs--thr€ to tmtg tltyy
started receiving full time benefits from various agencies such as disability, etc...
MOTION. To transfer $7500-.G0 from the Reserve Fund to the Departments of
Veterans' Services.
All iniavor. RASSES.
Mr: Norls-handed-out a memo-regardmg a -warrant article for the Sehoolsfortextb"s.
Mr. Gazzolo stated he -was concerned about the wording of the article. Mr. Noris stated
that he would cheek with Mr. Moretti and-lWr. D'Agostino as to the legality of -this
article_ Mr. Gazzolo inquired what the Finance Committee had originally agreed to.
Mr. Noris stated that the Finance Committee had agreed to a transfer for social study
books.
Mr. Noris handed out a memo-r-egardir g-inrereas#ng-the-Iimitatien-for the Fevelvlr}g
building inspection account. Mr. Gazzolo suggested FINCOM make a recommendation
to the Board of Selectmen to reinstate the fee split back to 50/50 from the current =
60/40. Mr. St. Hilaire suggested-puttingthe services -out to bill.
MOTION: To recommend putting the building inspection services out to bid and
. going back :to -a split of B0/b04'rom_the 64}/40 currently being paid.
3 in favor. Jerry St. Hilaire abstained. PASSES.
Mr. Noris stated he would do a memo- from the Finance Committee regarding the above
mentioned recommendations.
FINANCE COMMITTEE MEETING
Mr: N€>ria handed out the .memo regarding a potential deficit in the FY'99 School
budget. He also handed out a memo from Mr. Moretti requesting endorsement of a
transfer of funds if necessary for Special Education at the Fall Town Meeting in the
amount of $100, 000. Mr. Noris. stated that he will prepare a.response from, the
Finance Committee that FINCOM will not support this transfer.
MOTION: To not commit or endorse any transfer of funds for future expenses to any
department-
Min
epartment_Allin favor. PASSES.
Mr. Noris handed out a memo regarding a miscalculation of the 53`d week for the
Veterans Agents salary. Mr. Gazzolo suggested a memo be done to Mr. D'Agostino with
a carbon copy to the Town Accountant a
occurred. Mr. St Hilaire stated that thesking for clarification as to why this error had
narrative specified that the -53`d weekhad
been calculated in. Mr. Noris stated he would prepare a memo to Mr. D Agostino
regarding this matter.
Mr. D'Agostino and Mr. DelVecchio joined the meeting. Mr. D Agostino stated that he
is expecting the insurance figures shortly. He also stated that the claim ratio is high
on the health insurance because of the number of serious illnesses experienced by a
few Town employees. He stated that anything of $50,000 is written off under another
type of policy.
Mr. Noris inquired how the Board of Selectmen felt about the PILOT fee for the Electric
Department. Mr. Grady stated that he thought the Board of Selectmen were going to
Provide the formula in order to calculate the payment in lieu of taxes. Mr_ Gazzolo
stated that FINCOM should not be providing the formula, but should be provided with
the formula that the Town wishes to be used.
MOTION: To accept the minutes of 3-11-99.
All in favor. Dennis Grady abstained. PASSES.
Mr. Grady inquired about the cost of the secretarial services for FINCOM. Mr. Noris
stated that the current secretary was being paid at a rate of time and one-half Mr.
Grady stated he did not agree with this practice. Mr. Gazzolo stated he was in
agreement with Mr. Grady. Mr. Noris stated that a vote will be taken at the next
meeting to decide if another secretary should be hired at a lower rate of pay.
Adjournment: 9:15 p.m.
Signat
Da Approval
Next
meeting will be Tuesday, April 20, 1999 at 7:30 p.m.
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