HomeMy WebLinkAboutFin Comm 09/23/1982it
r
FINANCE COMMITTEE
MINUTES OF MEETING fRrJ
September 23, 1982,
PRESENT: Roger Dotson, John White, William Flannery, Vincent Forte,
Joseph Houghton. Not present this evening, Steven Quinn &
Thomas Markt.
8:15 P.M. Meeting called to order.
8:16 P.M. William Flannery resigned citing his appointment as Director
of Adult Education. Chairman White thanked Bill for past efforts and
wished him well.
8:20 P.M. Town Manager Tax rate projections for revenues may be $200,000
less than projected. Revenue in water department falling off and transfer
from light department not what projected.
Board of Selectman can raise water rates on Cherry Sheet or preliminary
increase in new construction will make up $200,000. However, will not
be a big surplus.
* MOTION: Finance Committee recommends no special town meeting to decide
how to use cherry sheet funds and that assessors set tax rate
as soon as possible. Dotson/Houghton VOTED: 5-0.
Capital Improvements - Limited to revenue sharing.: Requests sent out -
switch emphasis from fire department to department of public works.
Margot Jellinek on agenda spoke about: Giving League of Women Voters
agenda and minutes after they are approved.
"lV°l-
Board/agree$ to provide minutes - agenda will be developed for budget
meetings.
Board will be putting her on the agenda every meeting.
Committee agreed Mrs. Jellinek could be on the agenda for subjects pertinent
to Finance Committee areas of responsibility.
Meetings will be 4th Thursday of each month.
There being no further business, meeting adjourned at 9:35 P.M.