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HomeMy WebLinkAboutFCMeetingMinutes_04.25.02 FINANCE COMMITTEE MINUTES April 25 20_02 ATTENDANCE: Members present: Michael Garron,Chairman;Bernice Fink,Vice Chairman; Stephen Dawe;Paula Porten;Paul Stewart; Mark Weber. Not Present: Keith Mitchell;Jack Watkins CALL TO ORDER: Michael Garron called the meeting to order at 7:05 p.m. APPROVAL OF MINUTES: -No Minutes were approved. OLD BUSINESS Review of Presentation for Town Meeting The Committee reviewed the Finance Committee's presentation at Town Meeting,making recommendations and suggestions as they went through each slide. The Town Manager will be asked to attend next week's Finance Committee Meeting to go over his budget presentation and determine how and where it will fit in with the Finance Committee's presentation. • Paul Stewart handed out the update of the Massachusetts Department of Revenue Preliminary Cherry Sheet 2003 Assessments. He pointed out that based on this update,the Town will be short$203,878. NEW BUSINES At the request of Town Clerk Joyce Bradshaw,the committee discussed the possibility of holding another Public Hearing,. They decided,however,that the Town Clerk should be the one to hold a meeting and Finance Committee members would attend for support. Board of Selectmen's Adiustment_to_FY03_Municipal Budget The Committee reviewed the handout showing the following Selectmen's adjustments to the FY03 Municipal Budget. • Recommend$164,747 in Reserve for Municipal Expenses provided for in Board of Selectmen FY03 Recommended Budget without override: - $84,289 to Police to restore two positions - 84,458 to D.P.W. to partially restore funding for street lights. • Recommend allocation of additional$156,096 provided to Public Works in Finance Committee FY03 Recommended Budget with$4M override: $7,000 Adm,And Engineering 16,669 Fleet Maintenance 45,433 Structures and Grounds 40,334 Refuse and.Recycling 46,660 Streets and Sidewalks OTHER Paul Stewart handed out report that included a chart from the Mass.Dept. of Public Health of North Andover's annual births from 1980 to 2000. Paul's conclusion of this data along with other data was that the Grade 1 school enrollment was increasing; whereas,Stephen Dawe's interpretation of data that he reported previously was that the enrollment was decreasing. ADJOURNMENT There being no further business,Stephen Dawe made a MOTION,seconded by Mark Weber,to adjourn the meeting at 9:40 p.m. Vote approved 5—0.(Paula Porten left the meeting prior to adjournment.) submitted by: Carol Ritchie,Sr.Confidential Clerk