HomeMy WebLinkAboutFinance Comm 05/20/1986TOWN OF MANSFIELD
FINANCE COMMITTEE MEETING
MAY 20, 1986
Called to order by Chairman, Ed Mcquaid - 4 members present
PURPOSE
Transfer # 43
Transfer #44
To consider transfers from the reserve fund.
Town managers expense - the finance committee felt it needed a
better explanation on dues, envelopes ($144) and transparencies
The finance committee approved tuition of
$720
Motion by Bob Whitney -- second by John Pierce -- 4 to 0 for
Town council expense $120
Motion to pay K. Sullivan -- Second Bob Whitney -- 4 to 0 for
Transfer #45 Town Hall electric bill. $1,419.19
Transfer #50
Transfer #52
Transfer #53
Motion to pay K. Sullivan -- second Bob Whitney 4 to 0 for
Dog officers expense
$293.68
There is only 52.32 left in the account. Apparently he holds
the bills and pays them out of his own pocket. Motion to pay
Bob Whitney -- second John Pierce -- 4 to 0 in favor.
Plumbing and gas inspectors fee
$851.88
Approved. The account has no money in the budget. Motion to
pay Bob Whitney -- Second John Pierce -- 4 to 0 in favor.
Electric inspectors fees
$3,019.25
Approved. Motion to pay Bob Whitney -- Second K. Sullivan -- 4
to 0 in favor. (Another zero account. The fee reflects the
growth in town.)
Transfer #55 Water Expense - After some discussion, we decided to hold all
water enterprise requests until last. The finance committee
felt that Tax Rate Items should take precedence over enterprise
accounts if there is money left in the reserve fund. After all
other transfers we'll consider the enterprise accounts.
Transfer #56 Outside legal fees for contract negotiations $9,083
Approved -- we have little choice on this one -- motion to pay
K. Sullivan -- second Bob Whitney 4 to 0 for.
-2 -
Transfer #57 Patriotic expense -- Hold. We feel a better explanation is
needed.
Transfer #58 Planning board epense disapproved. The finance committee felt
this was not an unusual expense especially with plenty of notice
given by the employee that left.
Transfer #61 Parks account. Damage from vandalism -- disapproved. There may
be as much as $9,500 in this account and this violates the
policy that transfers cannot be requested until the account has
a zero balance. Motion by K. Sullivan -- Second John Pierce 4
to 0 in favor.
Transfer #62 Civil defense expense $2,937.16
Transfer #63
Transfer #64
Transfer #65
Approved. The emergency generator comes under civil defense and
was knocked out in a storm. Motions to pay John Pierce --
second K. Sullivan 4 to 0 in favor.
Printing and advertising for building permits
$96.00
Approved. Building inspector has only 14 permits left. The
printer operates on a C.O.D. basis. Motion to pay K. Sullivan
-- second Bob Whitney -- 4 to 0 for.
Town Council expense
$2,125
Approved. Motion to pay K. Sullivan, second Bob Whitney -- 4 to
0 in favor.
Town Hall expense
The finance committee is wondering
are truely watching their budget.
to 0. Motion to pay Bob Whitney --
Transfer #66 Town managers expenses $123
$3,119.15
if the various departments
This approved (reluctantly) 4
Second K. Sullivan.
The bulk of the transfer was disapproved. Deferred compensation
and vehicle allowance ($145) was intended to begin on July 1.
There is nothing in the budget for this. This is the second
request for envelopes. See #43
Motion to amend #66 to $123 by John Pierce -- Second K. Sullivan
4 to 0 in favor.
Missing transfer request forms on #s 39, 46, 47, 48, 49 and 53
Reserve fund status
Reserve fund as of 7/1/85 100,000.00
Amount transferred from the reserve as of 6/20/86 68,942.74
Reserve fund remaining 1, 7. 6
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