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HomeMy WebLinkAboutFin Comm 10/27/1983FINANCE COMMITTEE MEETING OCTOBER -:27, 193& Meeting eallod to order at 7:,W by Chairman Quin Fresont Fort, l•Yhite ,Dot son„Brune.11li Town Manager and Chairperson Begley of the School Committee also attended as vol_ as Vincent Gudrrini also representing the School Committoe.. Dotson moved that the dues from Finance Committee Assoaiatien be paid. Seconded by Brunelli, passed u anYriiotidly. Resignation by Joasph Houghton noted.. Special Town Meeting November Fl, I983:. Deficit $22B„000. Free cash $I23„ 970. Chairman Quinn noted that we have four alternatives to solve the deficits I SelLectmen recommends>a split of $I&,7,000 from Schools_ and the remaining 084„000fro■ the municipal budget 2 -School Committee suggests $225,000 as their share :5Make up differeace. from unueed land acquisition funds from Conservation Commission if $I9,.000 is available, if not, funds could be taken from Revenue Sharing Funds: 4 Let Town Meeting decide. Revenue Sharing Funds amount to $I73,,000. Town Manager recom* stands a Capital Improvement of three new Police Cruisers for 433,000. Finance Committee recommends Dotson moved adjournment at 8:56, seconded by Brunelli„ passed