February 28, 2011 Finance Committee Meeting

February 28, 2011 Finance Committee Meeting

Postby Lisa Lannon » Wed Mar 16, 2011 4:24 pm

FINANCE COMMITTEE MEETING
MONDAY, FEBRUARY 28, 2011


A meeting of the Finance Committee was held on Monday, February 28, 2011. Mr. Bari called the meeting to order at 7:05 PM at the Douglas Municipal Center.

ATTENDANCE
PRESENT: Todd Bari (Chairman), Jerome Kocur, Scott Hackett, Jeffrey LaPorte, Pamela Holmes, Carol Gogolinski, Mike Guzinski (Town Administrator).
ABSENT: James Roche (Vice Chairman), Michael Hutnak, Thomas Rochon.

FISCAL YEAR 2012 BUDGET REVIEWS
BUILDING INSPECTOR
Ms. Adelle Reynolds, Building Commissioner joined the meeting. She reviewed the Building Department budget in detail. She indicated that the budget is level funded with the exception of the repair/maintenance, which is increased by $400 for the update of the GIS Program. She noted that the building permit fees cover 75 percent of the operating budget as recommended by the International Code Council. It was suggested that the Finance Department review the 75 percent figure to make sure this is at the right level. Discussion held.
FINANCE
Pam Carter, Tax Collector joined the meeting. The Tax Collector’s Budget is level funded. Some discussion held.
Beth McKay, Assessor joined the meeting and discussed that budget. She noted the salaries went down due to change in personnel. Some discussion held regarding the GIS licensing for separate departments. Mr. Guzinski will look into this.
Jeanne Lovette and Lois Danforth discussed the Treasurers Budget. Ms. Lovette noted the restructuring of the Department and discussed the estimated salary for Treasurer. Mr. Guzinski noted the cost of the administrator of the health reimbursement account of $16,208 and discussed savings with the new insurance plan, which would outweigh this cost.
Other budgets reviewed include Tax Title, Bonding, and Debt. The Bonded Debt Schedule was reviewed. The Retirement and Pension budget was reviewed and an increase in Worcester Regional noted. It was suggested that a representative be invited to speak with the Committee. Some discussion noted. Unemployment budget was reviewed.
Ms. Lovette reviewed the Town Accountant budget. A decrease in salary due to change in staff was noted.
Mr. Guzinski reviewed the budget for Selectmen in detail. He noted that the budget has dropped considerably in the past two years. Town Reports, Town Hall Supplies, Waster Measures and Street Lighting budgets were reviewed. Mr. Guzinski discussed a 4 percent increase in Street Lighting. Discussion held.



DISCUSS FY12 REVENUE ESTIMATES
Ms. Lovette reviewed the FY12 Projected Revenues in detail. Estimated Total Tax Revenues including debt: $11,552,402, and estimated Local Receipts: $1,272,719. History of Estimated Local Receipts was reviewed. FY 2012 Local Aid Estimates, trends for Chapter 70, Lottery Beano & Charity Games/Unrestricted General Gov. Aid, State Owned Land and School Choice Sending Tuition were reviewed and discussed. Subtotal – Levy, Local Receipts & State Aid: $22,323,447. It was noted that one year remains for the transfer of $5,000 from the Wetlands Commission Account and ambulance receipts are down. Mr. Guzinski will be asking the new Fire Chief to come in to discuss. The increase in Overlay noted with the proposed Article to expand the statutory exemptions under MGL Chapter 59, Section5, Clause 41C. Discussion held regarding the process of monitoring and/or verifying. Total available for appropriation: $22,443,032. Discussion held.

REVIEW 2010 ANNUAL AUDIT
This was tabled.

RESERVE FUND TRANSFER – TAX TITLE
A reserve fund transfer in the amount of $2,600 for Tax Title was noted. There is $191 left in the account. Discussion held. Ms. Holmes made a motion to transfer from the Reserve Fund to the Tax Title Account a total of $2,600. Mr. Hackett seconded the motion. Vote unanimous.
A reserve fund transfer for Veterans was discussed. There is $3,243 in the account with a request for $10,000. It was suggested that the Veterans Agent come to a future Finance Committee Meeting. Ms. Gogolinski made a motion to transfer from the Reserve Fund to the Veterans the amount of $10,000. Ms. Holmes seconded the motion. Vote unanimous.

NEXT MEETING
Discussion held regarding the next meetings. The Committee agreed to meet Tuesday, March 8, 2011 and Monday, March 21, 2011 at 7:00 PM.

APPROVE MINUTES OF FEBRUARY 7TH AND 15TH, 2011
Ms. Holmes made a motion to approve the minutes of February 7, 2011 as amended. Mr. LaPorte seconded the motion. Vote unanimous.
Mr. LaPorte made a motion to approve the minutes of February 15, 2011 as presented. Mr. Hackett seconded the motion. Vote unanimous. Vote: Yes – 5, Abstained – 1.

ADJOURNMENT
Mr. Kocur made a motion to adjourn the meeting at 9:39 PM. Mr. Hackett seconded the motion. Vote unanimous.

Respectfully submitted,

Lisa Lannon, Recording Secretary
Lisa Lannon
 
Posts: 160
Joined: Thu Jan 22, 2009 10:34 am

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