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HomeMy WebLinkAboutFCMeetingMinutes_12.09.10 1 TOWN OF NORTH ANDOVER FINANCE COMMITTEE Meeting Minutes Meeting Date:010 9 December 2 Meeting Location: Town Hall, First Floor Meeting called to order: 6:40 PM Conference Room Mark Rodgers-MR, Chairman Thom Dugan-TD X Ramsey Bahrawy -RB, Vice Robert Norbedo-RN X Chairman Ben Osgood-BO Matthew Remis-MRem X X Alan LeBovidge-AL Herb Cunha-HC, Minutes X X Peter Besen-PB Pat Sifferlen, PS, Admin Bonnie Wilkinson-BW X Non FinCom Members in Attendance OTHERS: -Christopher Hottel, CH-Supt Schools -James Mealy, JM-School Finance -Stan Limpert, SL-Ch.School Committee -Sandy Greed, SG-VP LWV - -Chris Allen, CA-VCh. School Committee Note: All FINCOM votes are subject to change upon receipt of new information. Note: Documents used in this meeting are listed in Document Table, herein. II. Previous Minutes Approved DATE: 16 Nov 2010 Minutes provided, to be voted at next meeting III. New Business AGENDA ITEM: A. Review of School TeachersÔ Contract costs (Mealy/Limpert) Discussion: -TM: He presented the North Andover Teacher Contract Analysis. This analysis shows the impact of the Contracts based upon a 2 year and a 3 year contract. The Benefits of each contract were presented. Costs for 2010-2011 for a 2 year agreement show a net increase of $184,660, 0.91%. Costs for 2011-2012 for a 3 year agreement (Model A) show a net increase of $711,068, 3.5%, and in 2013-2014 net increase is $503,409, 2.26%. 2 AGENDA ITEM: A. Review of School TeachersÔ Contract costs (Mealy/Limpert), continued Discussion: Costs for 2011-2012 for a 3 year agreement (Model A-Extended), based upon % Increase from Contract Changes, show a net increase of 1.63%, and for 2013-2014 a net increase of 0.57%. Costs for 2011-2012 for a 3 year agreement (Model B), show a net increase of $711,068, 3.50% and in 2013-2014 show a net increase of 1,031,907, 4.62%. Costs for 2011-2012 for a 3 year agreement (Model B Extended), show a net increase of 1.63% and for 2013-2014 a net increase of 2.94%. -Other data in the analysis show salary totals and salary steps. In a GLEC Salary Comparison 2009-2010, 17 towns are listed showing B1 salary data where North th Andover is 12 on the list. A Budget Building Tool is included in the analysis. -MR: He stated that this very comprehensive analysis was the best he has ever seen. Work and presentation was well done. -CN: When asked about teacher sick days, cannot cash them out. -MRem: He inquired about stipends. -JM: He state that this is not up to the School Committee. -AL: He asked if up to $2500? -JM: He stated $800-$1000, more involve $2500. -MR: Does stipend impact retirement. -JM: He answered no. Teachers move up in steps for retirement. -Point was raised about if School Committee doesnÔt have enough funds, what will happen. Reply was the Mark Rees would have to make cuts. AGENDA ITEM: B. Revenue and Fixed Cost Committee update (Thom/Bob) Discussion: .This item will be discussed at the next FINCOM meeting. . AGENDA ITEM: C. Discussion of Structure of FIN COM Warrant Article write-ups Discussion: Warrant articles should contain recommendations and explanations. This approach will be used for the next Annual Town Meeting. AGENDA ITEM: D. New Business Discussion: No new items. 3 IV. Next Meetings 23 Dec 2010, 1st Floor Conference Room, Town Hall 6:30 PM V. Adjournment- Motion: BW Yes Unanimous Seconded: MRem Time: 8:40 PM DOCUMENTS PROVIDED AT MEETING TYPE FROM TOSUBJECTCOMMENTS ITEM # ACTION ITEMS C=Complete ITEM # ACTION ITEM INDIVID.COMPL. STATUS DATE 1-28 Completed items are shown in FINCOM Mtg C Minutes of 4 Mar 2010 thru 28 Oct 2010 for review. 29 Form FINCOM Sub-Committee to prepare Articles MR16 Nov for the Warrant. 30 Obtain copy of Osgood Landing sewer Budget from MR24 Sep Lenny Degman, Asst to Mayor of Lawrence. 31 To invite the Chairs of the Planning and Conservation MR24 SepC Boards to a FINCOM meeting to discuss Construction Project Bonds. 32 Provide CD for New FINCOM member handbook.MR16 Nov 33 Put on the Agenda, Minority Report and the MR16 Nov formation of a FINCOM Article Sub-Committee. 34 Revise Article 1, edit to show borrowed fundsAL16 Nov 35 For Article 3, check with Lynn Savage about accuracy PB16 Nov of the $525k. 36 Revise Article 5.BW16 Nov 37 Revise Article 7.RB16 Nov 38 Send 9 page PDF file on Amnesty.MR16 Nov 39 Ask Mark Rees regarding law to pass something that MR16 Nov only affects 1 person in the Town. 40 BO16 Nov . Revise Article 8