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HomeMy WebLinkAboutFCMeetingMinutes_04.28.11 1 TOWN OF NORTH ANDOVER FINANCE COMMITTEE Meeting Minutes Meeting Date:011 28 April 2 Minutes Prepared by Herb Cunha Meeting Location: Town Hall, 2nd Floor Meeting called to order: 6:45 PM Conference Room Mark Rodgers-MR, Chairman Thom Dugan-TD X X Arrived at 8:50 PM 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 X X Bonnie Wilkinson-BW Non FinCom Members in Attendance OTHERS: -Ray Santilli, RS-Asst Town Manager -Stan Limpert, SL-Ch. School Committee -Sandy Gleed, SG-VP LWV -Chris Allen, CA-V. 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: 21 Apr 2011 Vote, Unanimous III. New Business AGENDA ITEM: A. Budget Vote Discussion: -SL: Spoke of $214k, still need $1.46M, $100k, $460k to take care of their needs. -RB: Mentioned when voted on School Budget. -SL: BOS would not use stabilizsation funds. -BO/AL: Said that Mark Rees indicated Budget was approved. Noted that School Level 4 was short $164k. -AL: Question about reduced Health by $164k before meals tax.. -PB: Consider putting $164k toward School Budget. -Discussion included risk in assuming areas that potentially could provide $162k for School. 2 AGENDA ITEM: B. Warrant Article write-up review Discussion: -Article 16: -MRem will edit this article. Vote: Motion by AL. To vote favorable action on Articles 16, 17, 32. Seconded by RB: Vkote Y-7, favorable, passed. AGENDA ITEM: C. Warrant Article Opinion review Discussion: -Discussion was directed to Article Voting. AGENDA ITEM: D. Warrant Article remaining Votes Discussion: -Article 17/UU: Motion by AL: To have FINCOM vote unfavorable action for Article 17. Seconded by MRem. Vote: Y-unanimous, passed -Article 23: Motion by BO: To have FINCOM vote unfavorable action for Article 23. Seconded by AL. Vote: Y-5, N-0, A-1, TD, passed -Article 27: Vote deferred to next meeting. -Article 30: This Article has been withdrawn. -Article 29-1: Motion by AL: To have FINCOM vote favorable action for Article 29-1. Seconded by PB. Vote: Y-5, N-0, A (BO recrused, no vote), passed -MR arrived at meeting. -Article 29-2: Motion by AL: To have FINCOM vote favorable action for Article 29-2. Seconded by MRem. Vote: Y-7, unanimous, passed 3 AGENDA ITEM: D. Warrant Article remaining Votes, continued Discussion: -Article 29-3,5,6,7,8: Motion by PB: To have FINCOM vote favorable action for Article 29-3,5,6,7,8. Seconded by AL. Vote: Y-7, unanimous, passed -Article 29-4: Motion by SL: To have FINCOM vote favorable action for Article 29-4. Seconded by MRem. Vote: Y-6, N-0, A (BO recrused, no vote) passed -MR: Referenced H1 Town Rule, FINCOM to break rules. Motion by AL: To have FINCOM vote favorable action regarding reconsideration of budget vote on 26 April, 2011, Article 18. Seconded by TD. Vote: Y-5, N-2 RB, MRem, A-0, passed -Article 18: -PB: Spoke of using building inspection revenues to increase the School Com Budget. -Motion by PB: To increase motor vehicle excise estimated at $100k, Building inspection fee $64k and School Budget by $164k. Seconded by BO. Vote: Y-2, N-4 and A-1, not passed -TD indicated a high risk in favorable action regarding revenue from building inspection fee. -RS: Vast majority of collection have come in, where there was not an expectation of a substantial amount through the year. -Discussion about risk. Although some potential exists to locate funds, the economy for Q3 we can expect lower funds available. -TD: Suggested putting funds into FINCOM Reserve and release them after 1 July, then restore some funds in Municipal and School budgets. -TD: Made a motion that meal tax budget proceeds go into FINCOM reserve with an allocation by MOU with School and BOS of $344k to be allocated 1 Jul. -PB amended motion to take $344k with $164 to School $78k to Municipal and avoid the School Level 4.1 and 4.2 cuts. -TD withdrew his motion. -Motion by AL: Should meal tax occur put $245k into School Budget. Seconded by TD. Amend the Stabilization. Motion by AL. Seconded by TD. Vote: Y-7 , favorable, passed -Motion by BO: To have FINCOM vote favorable action regarding the Stabilization Fund Article 21. Seconded by MRem. Vote: Y-7, favorable, passed. . 4 AGENDA ITEM: D. Warrant Article remaining Votes, continued Discussion: Motion by BO: To have FINCOM vote favorable action on Annual Town Meeting Warrant with pending edits. Seconded by TD. Vote Y-7, favorable, passed AGENDA ITEM: E. Discuss removing Article 15 from consideration Discussion: -MR: Article 15 out of order, 3G FINCOM rules, not have time before Annual Town Meeting for Articles with Financial needs. -Kurt TIPS: Referenced new investment tax because new construction, Schneider and Converse occupy building. -Discussion about potential to present at a Special Town Meeting to allow time to get information for review and for FINCOM to establish a position. AGENDA ITEM: F: New Business Discussion: No new items IV. Next Meetings st 28 Apr 2011 Town Hall, 1 Floor Conference Room V. Adjournment- Motion: AL Yes Unanimous Seconded: PO Time: 9:31 PM 5 DOCUMENTS PROVIDED AT MEETING TYPE FROM TO SUBJECT COMMENTS ITEM # 1 Report B Osgood FIINCOM General Fund Budget changes 2 M Rees General Possible budget changes to FY12 General Fund Budget 3 Article 10 Amend General Fund Appropriation for FY 2011 4 Article 11 Amend Stevens Estate at Osgood Hill Enterprise Fund Appropriation 5 Article Listing Alpha/Num/Action Title with BOS FINCOM and Planning Board Votes 6 CIP Listing M Rodgers FY12 FINCOM Approved CIP 7 Article Listing Alpha/Num/Article Title showing detailed FINCOM voting results and write-up assignments 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 and 27 Jan 2011 for review. 30 Obtain copy of Osgood Landing sewer Budget from RB 17 Mar c Lenny Degman, Asst to Mayor of Lawrence. 32 Provide CD for New FINCOM member handbook. MR 16 Nov 33 Put on the Agenda, Minority Report and the MR 16 Nov formation of a FINCOM Article Sub-Committee. 34 Input to Mark Rees 2 scenarios, First- 5% in 2013 and MR/PB 3 Feb c Second-Otherwise scenario in 3 years. 35 Address pay cuts for BOS and Sch. Dept MR 14 Apr 6