HomeMy WebLinkAboutFin Comm 08/08/1979FINAN L CWi, ll I lits
MINUTES
Meeting August 8, 1979
Town Hall
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RGE.IVED
TOWN
The meeting was called to order by chairman Joseph Houghton at 7:44 P.M.
Members Present: Joseph Houghton, David Clemmey, Calleen Cheney, Roger Dotson
J. Jeffrey Ptaschnik who had been appointed at an earlier meeting +.,e ?r`
of the Selectmen & Finance Committee to fill the vacancy on the
Finance Committee was also present.
1. Mr. Houghton read a letter from Margot Jellinelc to the Finance Committee
dated August 8, 19799 with subject Article 2 on the warrent for t',e August
13th Special Town Meeting.
No Action talcen at this time.
2. Letter from Edward G. McCann, Jr. Director of Accounts, Cotmnonwcalth of
Mass, dated August 2, 1979, certifying the amount of "free cash" as of
July 1, 1979, as $1,105095.
Letter so noted.
3. Based on estimated figures, Mr. Houghton made a motion to use $880,000.00
for the purpose of general tax re&!ction and transfer the balance to the sta4&
bilikation reserve fund. Motion was seconded by David Clemmey. There was a
lengthy discussion regarding the amounts and the estimated figures used to
arrive at this amount.
Action - So voted unanimous
4. Memorandum from 11. Chadwick Mauer, Jr., Plnaning Director to Town Manager,
Board of Selectmen, and Finance Connnittee d;ited August 8, 1979, regarding
use of certified free cash.
No action taken.
5. Request for transfer from Reserve Fund (Request //i) dated July 26, 1979,
request for $6,341, to be transfered to 690-1 for increase in original
premium and coverage.
Action - Tabled until needed - In discussion it was decided that the
Finance Committee will act on this request at such time as it is needed.
Secretary to hold the request until Lthat time.
6. Memo from Board of Health to Finance Cosmnittee dated August 69 1979,
regarding. Board of Health budget. Printing account 452-5 overdraw:
$32.50.
Action- No action taken until request for transfer is mnde.
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v 7. Under old business, Mr. Bou'diton reco;�ped the Finance Committee's position
on the thirteen articles on1the warrant for the August 13, 1979 Specinl
Town Meeting.
Action - None - Position is the same for each article as voted at the
August 8,1Z979
j••�-�� zn ra-� Finance Committee meeting.
New Business
8. Mr. Houghton announced a joint meeting with the Board of Selectmen at
10:00 am Sunday August 12, 1979. Purpose of the meeting is to discuss
various articles of the warrant for the August 13, 1979, Special Pown
Meeting.
Action - :Ione taken
9. Mr. Boughton set Mondays':for the regular meeting night of the Finance
Committee for the coming year. Meetings will be posted by the chairman.
10. Mr. Houghton appointed David Cleimney and Jeffrey Ptaschnik to the Capital
Improvement Committee for the coming year.
11. A motion was made by Mr. Houghton and seconded by Colleen Cheney to send
a letter of apprediation to Mr. Hobert Powers for his service to the
Town of Mansfield and Finance Committee.
A discussion followed regarding inviting Mr. Powers to a Finance Committee
meeting and taking him to dinner following the meeting. Mr. Houghton will
coordinate this invitation.
12. There was a brief discussion regarding Finance Committee letterhead,
Calleen Cheney to matte arrangements to obtain the necessary letterhead.
Motion made and seconded to adjourn.
Adjourned - 8s29 PM
Approved by Committee Aug 201 1979