HomeMy WebLinkAboutFCMeetingMinutes_01.29.04 FINANCE COMMITTEE MEETING
JANUARY 29, 2004
ATTENDANCE: The following members were present: Jack Watkins, Chairman, Keith Mitchell, Vice
Chairman, Bernice Fink, Melinda Coppa, Paul Stewart, Paula Porten, Mark Nicols, Mike Batsimm. and Steve
Dawe.
CALL TO ORDER: Jack called the meeting at 6:40pm
APPROVAL OF MINUTES:
Mark MOVED to approve the 01/15/04 minutes with minor changes and Mike seconded. The minutes were
approved 8-0-1 with Steve abstaining.
OLD BUSINESS:
Town Manager Budget Presentation: The BOS meeting is scheduled for 2/16/04 however, the Charter says
that the budget is to be distributed to the BOS and the Fincom. Therefore, the budget will be ready for pick-up
on 2/9/04 at Town Hall and the Fincom will review and discuss the budget at the 2/12/04 meeting. Mark Rees
will attend to discuss the budget.
School Budget: Harry presented his level service budget at the School Committee Meeting and will be
attending the Fincom meeting on 2/19/04 to discuss his budget.
Comprehensive Budget: Paul, Jack, Joyce Hanlon and Lyne met and have taken a giant step forward. The
manager's recommended budget will now include special revenue funds, and fees and grants will be considered
in future budgets.
Fincom public hearing: The public hearing is scheduled for February 26, 2004 and we hope to have it in the
new High School where it can be televised.
NEW BUSINESS:
Snow & Ice Disaster Relief: North Andover will be receiving 150k from FEMA for the December storm
Governor's (House 1) FY05 Cherry Sheet: The group received and reviewed a handout of the Cherry Sheet
proposal from the Massachusetts Department of Revenue.
Fincom Revenue Forecast FY05: The group agreed that a common sense approach was best with the snow
and ice budget and the group also discussed revolving accounts and NESWC. Paul then MOVED to ask the
town for a tax recap sheet and Steve seconded. Paul then decided to table the motion until the next meeting.
The group also discussed Mark Rees' request for the Fincom to provide revenue forecasts and it was agreed that
there was really no time to do projections for the 05 budget. It was further agreed that in late November/early
December a committee would be set up with members of the Fincom and the town to work collaboratively to
forecast revenues.
Other:
School Dept. Budget Liaison Report: Paul, Steve and Melinda are the Liaison members and there have been
five meetings so far in which Harry has carried out his mission. The meetings discussed SPED, different service
budgets, and a 150k loss at the Sargent School from water damage. The School Committee will be voting on a
level service budget on 213104 and no future meetings have been set up.
NEXT MEETING:
February 12, 2004 at 6:30pm at the temporary town hall. To pick up a copy of the budget on the 9"'
ADJOURNMENT:
Mike MOVED to adjourn the meeting at 8:10pm and Mark seconded. The vote was unanimous.