HomeMy WebLinkAboutFin Comm 04/10/1974FINANCE COMMITTEE TOWN OF MANSFIELD
Minutes of Meeting: 4/10/74
Call to Order: 7:30 p.m.
New Business: 1. Received a revised request for transfer from the Town
Manager for the sum $13,209.68. This sum is for
engineering services performed by Lane, Engineering
on the Cates Spring Well.
Approved - 5 votes in favor.
2. A joint meeting was scheduled for 9:00 p.m, this
evening with the Selectmen, School Committee to
discuss fiscal budget. (See attachments for summary).
Adjourned: 10:15 P.M.
RRM:mcc
A TRUE COPY � //
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Ronald R. Montaquila
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ESTIMATED 1974-1975 FISCAL BUDGET
Financed
TOWN
EXPENSES
2/27/74
4/10/74 4/10/74
1.
Town Government
Operat ion&Ma intenance
1,454,000
Salaries
1 090 000
544, 0
2,5300
II.
Capitol Improvement Program
640,000
602,100
Land Acquisition
Dustin Welt&Landfill
120,000
120,000
S. Main Water Line
15,000
76o,o00
737,100
III.
Reserve Fund
100,000
100,000
IV.
Education
Schools
3,500,000
3,565,500
Id
Regional School
80,000
80,200
1,
2 Mo. Teacher Sal.
X75,000
3 300
3,955,000
4,023,000
V.
overlay of State &
340,000
360,000
County
VI.
Major Articles
High School Roof
335,000
335,000
Bicentinnial
46,000
46,000
VII.
Other Articles
Great Woods
64,000
Sweets
20,000
20,000
Park Row (Renovation)
30,300
Chlorinator Bldg.
35.000
TOTAL
8,080,000
8"362,400
e'a School committee and Finance
Committee
both oppose financing this item.
Taxes and Funds
I. Transfers
Dog Fund
Cates Springs
Nepco Land
Light Dept.
II. Free Cash
Surplus Revenue
Back Taxes
III. Revenue Sharing
IV. Overlay Surplus
i
V. State Highway Funds .
*Reimburse
:tiProj . Funds
%yin place of Chap.90
Funds
VI. Cherry Sheet
VII. Other Estimated Recepts
Excise, Sewer, Water
County
VIII. Property Taxes
$73.60/thousand
Total R.E. Evaluation
$53,700,000
TOTAL
2
2/27/74 4/10/74
1,500
26 ,000
80,000 80,000
81,500 106,660
75,000
N:22 1,5
206,500 233,600
380,000 380,000
50,000 80,000
80,000 80,000
48,000 48,000
128,000 128,000
1,700,000 1,963,000
605,000 605,000
3,915,000 3,950,540
7,o66,o00 7,446,800