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HomeMy WebLinkAboutFCMeetingMinutes_05.03.11 1 TOWN OF NORTH ANDOVER FINANCE COMMITTEE Meeting Minutes Meeting Date: 03 May 2011 Minutes Prepared by Patti Sifferlen Meeting Location: Town Hall, 2nd Floor Meeting called to order: 6:50 PM Conference Room Mark Rodgers-MR, Chairman Thom Dugan-TD X X Ramsey Bahrawy -RB, Vice Robert Norbedo-RN X X Chairman Ben Osgood-BO Matthew Remis-MRem X x Alan LeBovidge-AL Herb Cunha-HC, Minutes Peter Besen-PB Pat Sifferlen, PS, Admin x x Bonnie Wilkinson-BW x Non FinCom Members in Attendance OTHERS: -Mark Rees, MRees-Town Manager J. Mealey, C Hottel,l C Salisbury (CS), C Allen -Sandy Gleed, SG-VP LWV 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: April 26,2011 Minutes approved as amended III. New Business AGENDA ITEM: A. Discussion on postponement Town Meeting Discussion: -MR presented handout explaining that Fincom did not have their report out 21 days prior to Town Meeting A charter change made the fincom report due earlier than the warrant deadline. CS Explained he received email from concerned citizen that finance report was not available in time for town meeting. Spoke to town counsel and town clerk and they agreed it would be in the best interest of the town to postpone the town meeting to meet the requirements. BOS have changed the date of the town meeting to June 7,2011 at the North Andover Middle School. . 2 AGENDA ITEM: B. Review Article 22 Elder Services Discussion: -.MR would like CS to call this article out of order based on the charter #8-2-8-1 that all expenses must be bundled in one article. CS this article was put in by town citizens who obtained the 10 signatures. Thinks we should let the voters of the town decide. C. Budget Discussion AGENDA ITEM: Discussion: MRees. Handed out sheet with Town Manager Recommended Restoration of some budget line cuts should the meal tax pass at town meeting. This has not been voted on yet by BOS. FY12 estimated portion of 344k divided to school 68.74% or 236K and municipal 31.26% or 107K PB handed out a proposed 5 year forecast and FY 12 Capital Improvement Plan Debt Analysis. 2012 figures are from MRess proposed plan and 2013-2014-2015-2016 are increased based on property tax (3%) local tax (1.50%) and Interfund (3%) D. AGENDA ITEM: Discussion: - IV. Next Meetings 10May 2011 Town Hall, 2nd t Floor Conference Room V. Adjournment- Motion: BW Yes Unanimous Seconded: RN Time: 8:17 PM 3 DOCUMENTS PROVIDED AT MEETING TYPE FROM TO SUBJECT COMMENTS ITEM # 1 Report M. Rodgers FIINCOM Town Meeting Delay 2 M Rees General Possible budget changes to FY12 General Fund Budget 3 Report P. Besin Fincom Proposed 5 year forecast 4 5 6 7 ACTION ITEMSC=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 4