HomeMy WebLinkAboutFinance Comm 03/06/1986TOWN OF MANSFIELD
FINANCE COMMITTEE MEETING
MARCH 6; 1985eje V -w
Called to Order at 7:30 PM by Chairman Ed McQuaid. Four members present.
PURPOSE To summarize the recently discussed budget requests and on a
preliminary basis to see what it would take to balance the
budget.
John Pierce was disturbed that up until this point no real
goals had been established. This was discussed at length and
it was felt that
1. The main objective was to balance the budget.
2. To be a reasonable as possible.
3. To go through the budget requests and develope our own
philosophy.
Objective - to finish the budget and come up with some
preliminary recommendations.
Finding 1) Because errors in putting together the work
program it was discovered that the increase on municiple
expenses was closer to 20% than 6%.
At this point the first recommendation was to eliminate all
new personnel (including 1/2 clerks). The only exception
would be the dispatchers.
There was discussion on dispatcher. K. Sullivan felt that
there were some valid concerns. These were addressed by Ed
McQuaid and John Pierce.
2. It was decided to increase liability insurance by 20% to
reflect the states August increase and to increase group
insurance by at least 6% to reflect inflation, both of
these increases were considered conservative.
3. Since the DPW director quit it was decided to fund the
position at the original request of $11,000 for DPW
$11,000 water $11,000 sewer.
4. To fund water enterprise heat, light and power at
$115,000 (to comply with John Larch's projections.)
5. To drop the $1,000 for historical book preservations.
6. To increase visiting nurse by 33%.
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The main objective was to try and stay within the 6% cap that
was established by the advisory vote of 1984. It was also
pointed out that this was on a preliminary basis only.
Meeting adjourned 11:00 P.M.
Clerk - K. Sullivan