HomeMy WebLinkAboutFCMeetingMinutes_04.01.15
1
TOWN OF NORTH ANDOVER
FINANCE COMMITTEE
Meeting Minutes
Meeting Date April 1, 2015
nd
Meeting Location: 2 Floor Meeting Room
CTO 7:15PM
Bill Callahan, BC Chairman Susan Almono SA
X X
Marta Solof MS Timothy Tschirhart TT
X X
Karin Blake KB Liz Gerron LG
X
Thomas Ringler TR
X
Chris Nobile CN
X
Donald Elliot DE Vice Chair
Non FinCom Members in Attendance
OTHERS: Lyne Savage, Ray Santilli
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
No minutes to
approve
2
Agenda A Vote FY16 Budget and Financial Articles.
BC Tonight we will vote and review FY16 budget as much as we can.
Talk about process someone will need to make a motion to explain the article.
KB where are line items for budget?
RS budget is set up in groupings.
LS You vote in favor or not in favor not based on each line item. If you are in favor of whole budget
Then you are in favor of each line item.
TT I have been following Town Manager recommended budget it does fall in line with documents. We
Need to make sure numbers are consistent.
TT Motion to accept General Government budget at $2,355,457 as documented in draft articles
As well as Town Managers recommended budget.
nd
2 KB
Yes 7
No 0
TT Motion to accept Public Safety budget at $10,432,514 as documented in draft articles
As well as Town Managers recommended budget.
nd
2 KB
Yes 7
No 0
TT Motion to accept Public Works budget at $4,482,958 as documented in draft articles
As well as Town Managers recommended budget.
nd
2 KB
Yes 7
No 0
TT Motion to accept Health and Human Services budget at $1,220,533 as documented in
Draft article As well as Town Managers recommended budget.
nd
2 KB
Yes 7
No 0
TT Motion to accept Support Services budget at $1,564,360 as documented in draft articles
As well as Town Managers recommended budget.
nd
2 KB
Yes 7
No 0
TT Motion to accept budget of $43,612,479 for FY16 for the Education budget as
Recommended by the School Committee as well as the Town Manager
as documented in the draft article as well as Town Managers recommended budget.
nd
2 KB
Yes 7
No 0
3
TT Motion to accept Debt Service budget at $5,858,518 as documented in draft article
As well as Town Managers recommended budget.
nd
2 KB
Yes 7
No 0
TT: reviewed numbers for Employee benefits.
TT Motion to accept Employee Benefits budget at $15,498,811 as documented in draft
article as well as Town Managers recommended budget.
nd
2 TR
Yes 7
No 0
TT Motion to accept Liability Insurance budget at $444,071 as documented in draft
article as well as Town Managers recommended budget.
nd
2 SA
Yes 7
No 0
TT Regional School Assessment as detailed in the Town Managers budget for FY16
For $457,798 and draft town warrant articles move to accept as presented.
nd
2 MS
Yes 7
No 0
BC will hold off on Capital and Reserves.
LS no need to vote on State Assessments.
CN Motion to accept as written in the Annual Town Meeting warrant the budget
amount of $86,902,350
nd
2 by TT
Yes 7
No 0
TT: Move to accept Water Enterprise Fund for FY16 as recommended by the Town
Manager for $5,322,268.
nd
2 by KB
Yes 7
No 0
TT Move to accept Sewer Enterprise Fund for FY 2016 as presented by the Town
Manager and in the draft Town Warrant articles for $4,514,936.
nd
2 by KB
Yes 7
No 0
TT just a note I am pleased how the Stevens Estate is going it is a jewel.
TT Move to accept the FY16 Budget for Stevens Estate at Osgood Hill Enterprise for
$322,682 as presented by the Town Manager and in the draft warrant articles.
nd
2 KB
Yes 7
No 0
BC the Capital Plan on page 12 has this been amended?
RS I would recommend postponing vote on this until next week.
4
New Business
BC my thoughts on recommendations would be, we each take a section and individually write up.
thth
Then send over email to include in packet for next meeting. We can edit on the 8 then vote on 15
Would anyone like overview of process section?
SA will do process. Big picture section will be done by BC and CN. Reserve section done by TT
Capital budget by TR Operating budget by KB Comparable table BC will do found a nice guide
Mass Taxpayers Association puts together a nice booklet will start table based on their information.
Recommendations will be woven in. Looking forward section will be done by MS. Thank you section BC
will do.
MS There were a number of things that CN mentioned during the year that we should put in letter.
CN We should put something in here for someone who is not that engaged in town meeting to show them
Here is the value and here is what you got for your investment in this community.
TT I would like to suggest we focus on School budget and the transition to performance based budget.
I think it is a critical thing, they will be looking to connect the dots between investment and student
Performance.
Next Meetings
April 8, 2015
Adjournment-
Motion: TT
Seconded: SA Time: 7:
TYPE FROM TO SUBJECT COMMENTS
ITEM #
1 Budge book Town Manager
2 Draft warrant Town Manager
book
3
5
6
7
8