HomeMy WebLinkAboutFinance Comm 12/02/1991Finance Committee
Minutes for 12/02/91
Meeting called to order 7:45 p.m.
Attenders:
Philip Smith, Chairman
Peter De Trolio III
Barbara Hagg
Bob Lynch
Gordon Penman
Also Present: -
Bill Williams
Joan Cutillo
Larry Gallagher
Committee discussed situation of incorrectly budgeted fire contract payments and how to fund the
balance due. Bill Williams advised'the committee that a possible transfer request to cover the
underfunded portion of the split. This request will be for the previous year only and, if submitted,
will be presented to the Committee later in the year.
Bill Williams also advised that controls have been instituted -to ensure a reoccurrence will not
happen.
Phil briefed the committee on his discussion with Diane Royale to advise her of the ongoing
discussion by the FinCom of alternate budget strategies for the upcoming year, i.e. presenting the
Town with separate articles to cover any expenditure that would exceed 2 1/2.
Agreed that if we adopt the above strategy, then we must provide departments and committees and
boards with proposed figures.
Discussed possible merits of folding School Department benefits into the School budget. Decided
to invite Diane Royale, Dr. Warren and Bob Gourek to attend the next meeting to discuss this and
other pertinent budget matters in an effortto keep lines of communication open.
Discussion of Council on Aging transfer issue. Motion by P. De Trolio to table until next meeting
to allow for further inquiry into the malfunction of heating/air conditioning system. Second by B.
Hagg. Accepted 5 - 0.
Preliminary discussions with Town Manager on his re -organization plan.
B. Hagg motion to adjourn. Second by P. De Trolio. Accepted 5 - 0.
Meeting adjourned 9:50 p.m.
Respectfully,
Peter De Trolio III