HomeMy WebLinkAboutFinance Comm. 06/22/2017RECEIVED
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Finance Committee Meeting MinutN8 HAy I b P 4: 1 b -
June 22, 2017
Present:
Walter Wilk, Chairman
John S. Feely, Vice Chairman
Michael O'Brien, Member
Yogen Chemburkar, Member
Michael DeSantis, Member
Liz Christo, Member
Not Present;_
Brian Eagle, Member
MANZ)FIELD
MASSACHUSETTS
Also Present:
John Stanbrook
Minutes Clerk:
Christopher P. Walsh
1. Call the Finance Committee meeting to order and review the agenda
Mr. Wilk called the meeting to open at 7;03 pm.
2. FY17 General Fund Reserve Fund Transfers - John Stanbrook
Mr. Stanbrook said a few transfers are close and that there needs to be more time to finish some
at the end of the year.
Motion: Transfer $2,500 from general reserve fund to Account No. 011331-517000 - General
Fund Finance-Treasurer/Collector Personal Services Employee Benefits (Christo/O'Brien).
Passes 6:0.
Motion: Transfer $1,250 from general reserve fund to Account No. 001921-517000 —General
Fund DPW Public Buildings Personal Services Employee Benefits (Christo/O'Brien). Passes
6:0.
Motion: Transfer $8,000 from General fund reserve fund to Account No. 012202-524003 —
General Fund Fire Other Expenses Repairs & Maintenance — Equipment (Christo/O'Brien).
Passes 6:0.
Motion: Transfer $2,000 from general fund reserve fund to Account No. 014201-517000 —,
General Fund DPW Administration Personal Services Employee Benefits (Christo/O'Brien).
Passes 6:0.
Motion: Transfer $30,000 from general fund reserve fund to Account No. 014202-538009 —
General Fund DPW Administration Other Expenses Specialized Services (Christo/O'Brien).
Passes 6:0.
Motion: Transfer $5,000 from general fund reserve fund to Account No. 014211 -514008 -
General Fund DPW Highway Personal Services Out of Grade Pay (Christo/O'Brien). Passes
6:0.
Motion: Transfer $150 from general fund reserve fund to Account No. 014232-54800 — General
Fund DPW Snow & Ice Personal Services/Other Expenses Vehicular Supplies (Christo/
O'Brien). Passes 6:0.
Motion: Transfer $2,000 from general fund reserve fund to Account No. 015432-530008 —
General Fund Veterans Other Expenses Training Seminars (Christo/O'Brien). Passes 6:0.
Motion: Transfer $15,000 from general fund reserve fund to Account No. 014212-546000 —
General Fund DPW Highway Other Expenses Groundskeeping Supplies (Christo/O'Brien).
Passes 6:0.
3. Tax Title discussion and review of memo to Selectmen
The board discussed overall the Town of Mansfield FYI 7 Tax Foreclosure Properties Ready to
Be Sold as of 6/22/17. Mr. Wilk mentioned that zoning may need to be changed to get some for
some of the tax foreclosure properties to be sold, and expressed a desire to sell them given the
favorable climate for the housing market. Mr. Stanbrook discussed Parcel No. 5 on Tremont
Street, including its principal due of $8060.11, the year of its foreclosure in 2010, and its
assessed value at $40,100. Mr. Stanbrook said the next step for this parcel was to get an auction.
Other parcels mentioned in the discussing included No. 16 and No. 18 at School Street, No. 26 at
Fruit Street, and No. 39 at Balcom Street.
Including the parcels mentioned above along with Parcel No. 3 on Plain Street, and the parcels
not listed at Oakridge Avenue (Parcel ID 004-086) and at North Main Street (Parcel ID 019-
192), the total principal due for the Town of Mansfield FYI Tax Foreclosure Properties Ready
to be Sold was $85,106.05 as of 6/22/17. The total assessed value for Town of Mansfield FY17
Tax Foreclosure Properties Ready to be Sold was $638,400 as of 6/22/17.
4. Follow up on legal opinion regarding the Finance Committee expressing opinions on
citizen petitions
Mr. Wilk tabled this item to the next meeting
5. Further discussion on compiling short term and long term options for cost savings and
creating new revenue
Mr. Chemburkar sueeested eroupine some of the potential sources of revenue toeether. Mr. Wilk
talked about potential cost savings, including how the town can go about in its debt collection
and tax enforcement. The concern over debt collection and tax enforcement was how the town
can improve collecting what they're owed. Mr. Stanbrook replied that they have tools at their
disposal for debt collection/tax enforcement. Mr. Stanbrook covered a potential source of
revenue by implementing or increasing hotel or tourist taxes. Mr. Stanbrook expressed concern
that pushing such a tax, even on non-residents, is a politically sensitive subject that might receive
pushback.
1 6. Auuroval of meetinE minutes I
Mrs. Christo said she will approve last two minutes that
Motion: Approve minutes of 3.16.17 (Christo/O'Brien). Passes 6:0.
Motion: Approve minutes of 3.30.17 (Christo/O'Brien). Passes 6:0.
7. Board Updates (CIP, Audit, School Committee, DPW/Public Safety Complex, Downtown
Strategy
Committee, Healthcare Committee, Town Manager Search Committee)
School Committee: Discussed available position of HR Director. QMS adjustment councilor is
new retiree.
CIP: Mr. Feely mentioned that the meeting regarding development of park was approved.
Members of the finance committee voted for a reserve fund transfer, so that a portion of the
developed park can be complete
Audit: Nothing since last cancellation
DPW/Public Safety Complex: Pouring of concrete covering area of 600 feet was completed.
Mike Ahern will send pictures
Downtown Strategy: Signs were still being put up. The downtown strategy committee hoped to
continue putting together the specs to expand the bike path.
Town Manager Search: Application is still July 4. This committee can meet 6 pm next Thursday
Healthcare Committee: Mr. Wilk mentioned that Brian Eagle has been assigned to the meeting.
Mr. Wilk proposed to make a motion for people to remain on this committee for a year.
8. Items not known within 48 hours
Not covered.
9. Audience Q&A
Not covered.
10. Committee member comments
Mrs. Christo will check with Minutes Clerk Chris on his schedule.
The board mentioned that July 13 was the next meeting for finance committee. Mr. Wilk and
Mrs. Christo discussed possible dates for next few meetings, and tentatively booked the date of
August 17, Mr. Wilk also decided on September 14, October 12, November 16, and December
14 for the meetings in the fall.
11. Adjourn
Motion: Adjourn the June 22, 2017 meeting of the Finance Committee at 8:19 pm
(DeSantis/Christo). Passes 6:0