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HomeMy WebLinkAboutFCMeetingMinutes_03.02.10 TOWN OF NORTH ANDOVER FINANCE COMMITTEE Meeting Minutes Meeting Date:2010 2 March Meeting Location: Town Hall, First Floor Meeting Called to order: 6:40 PM Conference Room I. FinCom Members in Attendance Mark Rodgers-MR, Chairman Ramsey Bahrawy -RB X X Peter Besen-PB, Vice Chairman Bonnie Wilkinson-BW X X Ben Osgood-BO Carlos Bielicki-CB X X Jean Sullivan-JS Thom Dugan-TD X X Alan LeBovidge-AL Herb Cunha-HC, Minutes X Non FinCom Members in Attendance OTHERS: Robert Frazer, RF: Legal Counsel to School District. Cindy Jalbert, CJ: Note: All FINCOM votes are subject to change upon receipt of new information. I. Previous Minutes Approved DATE: 25 Feb 2010 Approved, unanimous III. New Business AGENDA ITEM: A. CIP Treasurer-Billing Software Discussion -Unified Treasurer Billing software was a CIP proposal presented by Jennifer Yarid At $90,000. This would eliminate duplicate entry and would allow use of this time to work on tax title, speed up posting, speed up monthly reports and allow for faster account reconciliation. Vote Taken: AL made a motion to recommend expenditure from CIP of $90,000 for purchase of billing software for the Treasurer-collector. Seconded by JS. Vote: Yes, unanimous-passed . AGENDA ITEM: B. Vote on 150e Warrant Article (School Labor Lawyer) Discussion: -RF: He explained the difference between School funding and Municipal funding, with fiscal autonomy. (Line item autonomy in the Town Budget. School Committee can exercise line item autonomy) It is possible to transfer funds within Budget, without Town Meeting. -RB: Asked for explanation how some communities place School labor agreements for Town Meeting approval. -BF: He didnÈt know of those districts and how that got done. Schools would need to factor that into their subsequent budgets. -BOS must have board recommended Warrant Articles by their last scheduled discussion of Warrant Articles, mid February is likely the last safe date. Vote Taken: PB made a motion Seconded by BO: To place the following article on the FY11 Town Meeting Warrant: Instructional Motion to the North Andover Finance Committee: To see if the Town will vote to recommend that the North Andover Finance Committee submit a Warrant Article to every annual Town Meeting, which will enable Town Meeting to approve or disapprove the funding of collective bargaining agreements as specified under Massachusetts General Laws chapter 150E, section 7(b). Vote: Yes-6, No-3 (RB, AL, TD), A-0-passed AGENDA ITEM: C. CIP DPW-Sidewalk Construction Discussion: -BT: CIP for Sidewalk Construction is $50,000. Vote Taken: AL made a motion to recommend funding $50,000 from CIP to fund proposed Sidewalk Construction. Seconded by PB. Vote: Yes- unanimous-passed AGENDA ITEM: D. CIP DPW-Roadway Improvements Discussion: Vote Taken: AL made a motion to recommend funding $380,000 from the CIP for Proposed Roadway Improvements. Seconded by BW. Vote: Yes-unanimous-passed AGENDA ITEM: E. CIP DPW-Small Dump Truck Discussion: Vote Taken: BO made a motion to recommend funding $55,000 from the CIP for the proposed purchase of a Small Dump Truck. Seconded AL. Vote: Yes, unanimous-passed AGENDA ITEM: F. CIP Facilities Master Plan Discussion: Vote Taken: BW made a motion to recommend funding $450,000 from the Water Enterprise CIP fund for the purchase and installation of the Phase Five meter replacement program. Seconded by AL. Vote: Yes, unanimous-passed Vote Taken: AL made a motion to approve the transfer of unexpended fund proceeds from the FY2008 CIP, May 14, 2007 Annual Town Meeting, Article 21, Line 23, ÆWaverly Road Relief Sewer MainÆ an amount not to exceed $495,000 to fund a new Project, ÅSutton Street Sewer improvements.Æ Seconded by BW. Vote: Yes, unanimous-passed AGENDA ITEM: G. Fin Com Discussion rules Discussion: -Rules discussion, members will write-up rules. AGENDA ITEM: H. New Business ÃDiscussion about Structurally Balanced Budget Discussion: -CJ: Mentioned that we donÈt have a structurally balanced budget. School with $320k stimulus FY10, and FY11 $240k stimulus one time FY10. $500k off schools base. 1/3=2/3 split. III. Old Business/Non-Agenda Items NON-AGENDA ITEM: None Discussion: IV. Next Meetings Thursday, 4 Mar 2010 Town Hall, 6:30 PM V. Adjournment Motion: AL Unanimous Seconded: RB Time: 9:45 PM C=Complete ACTION ITEMS ITEM # ACTION ITEM INDIVID. COMPL. STATUS DATE 1 Send out financial assumptions model, update with MR 19 Nov C actuals, 2009 model 2 Contact Art. and Wellesley for their financial modelsMR 19 Nov 3 Check on website for financial forecasting documents PB 19 Nov 4 Contact M. Rees to invite Andover Facility Manager to MR 19 Nov C come to North Andover 5 Email Rick Nardella, BOS, about vacant Bradstreet MR 19 Nov C School for planned action Revise forecast and CIP in analysis 6 MR/TD 7 Jan C Bring binder with budget for BW to review 7 MR 7 Jan C 8 Convert minutes and Agenda to PDF format and sent MR/HC 11 Jan HC to format-C to Peter for posting. 9 Email a request to Matthew Killen and Sch Comm. to MR 4 Feb requote the IT proposal with alternative equipment and also look for the same products at different vendors with the intent of lowing the price of the project. 10 Provide a format for a position list, with columns such TD 25 Feb as FTE levels, salaries, etc. He will send to MR and MRees. Entries can then be made. 11 Prepare schedules for CIP Articles/voting A/R and MR 18 Feb Department visitations to FINCOM. 12 Schedule a Warrant Article on contracts for a vote. MR 18 Feb 13 Send email to MRees and Bruce about possible MR 25 Feb directing lower cost for Waverly Road project.