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HomeMy WebLinkAboutFin Comm 03/24/1983FINANCE COMMITTEE MINUTES OF MEETING MACH 24, 1983 PRESENT: Chairman White, Tom Markt, Joe Houghton, Roger Dotson, Vince Forte 8:06 P.M. Meeting called to order. * Transferred funds of $2300.00 to Election & Registration Fees. Houghton/Forte VOTED: 5-0. Town Manager explained why he recommends that revenue sharing funds not be used for appropriations. 1. Use of electric funds to pay for street lights. 2. Adjustments in budget (as explained) Use of revenue sharing for appropriations takes away from capital improve- ments. Town Manager requested Finance Committee to support three year budget proposal. * MOTION: To support three year proposal concept. Houghton/Markt VOTED: 5-0. There being no further business, meeting was adjourned at 9:00 P.M.