May 24, 2016 Finance Committee meeting

May 24, 2016 Finance Committee meeting

Postby Mary Wright » Mon Nov 07, 2016 6:53 pm

FINANCE COMMITTEE MEETING
TUESDAY, MAY 24, 2016

A meeting of the Finance Committee (Fin Com) was held on Tuesday, May 24, 2016 at the Municipal Center. Ms. Holmes called the meeting to order at 6:42 PM.

ATTENDANCE
PRESENT: Pamela Holmes (Chairman), Ryan Hogan (Vice Chairman), Howard D’Amico, Jerome Kocur, Michael Hutnak
ABSENT: Brett Argall (Excused), Carol Gogolinski (Excused), Cynthia Shurick (Excused)
NON-VOTING: Michael Guzinski (Town Administrator), Jeanne Lovett (Finance Director)

1. RESERVE FUND TRANSFER REQUESTS
Ms. Lovett stated that one request is for the library door for $1,400. It had been decided that this was a safety issue and had to be done right away. The second request is for insurance because the Town acquired a house through a tax taking. The last request is for the meeting minute taker’s time for the Board of Selectmen line. Other committees that do not have budgets, such as the Strategic Budget Committee and the Capital Committee, come under that budget.
Mr. D’Amico stated that he does not need to be reimbursed for New Official’s training.
Mr. Hogan made a motion to approve the transfer of $1,400 to the Library Repair and Maintenance account. Mr. Hutnak seconded the motion. Vote: Unanimous.
Mr. Hutnak made a motion to approve the transfer of $300 to the Selectmen’s Salaries Account for their recording secretary. Mr. Hogan seconded the motion. Vote: Unanimous.
Mr. Hogan made a motion to approve the transfer of $200 from the Reserve Fund to the Property Insurance Account. Mr. D’Amico seconded the motion. Vote: Unanimous.

2. OTHER BUSINESS
Mr. D’Amico does not feel the Fin Com conveyed their overall positions well to Town Meeting. He suggested the Fin Com be more prepared and happy to answer questions. He feels all recommendations should have the actual number of votes. Ms. Holmes stated that for the fall, they should plan on allowing for that type of participation.
Mr. D’Amico would like to meet with the Economic Development Commission.

3. ADJOURNMENT
Mr. Hogan made a motion at 6:58 PM to adjourn at the end of the joint meeting with the Board of Selectmen. Mr. Hutnak seconded the motion. Vote: Unanimous.

Respectfully submitted,

Mary Wright
Mary Wright
 
Posts: 489
Joined: Thu Jan 12, 2012 8:56 pm

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