HomeMy WebLinkAbout2021-07-15 Finance Committee Minutes
Finance Committee
Minutes of July 15, 2021
Present: Chairperson Sasha Weinreich, Edward MacMillan, Christine Allen, Dustin Silk, Regina Kean, Kevin Foley,
Denevan O’Connell,
Absent: Thomas Ringler, Jennifer Burns-Luz
Non-Finance Committee Members: Lyne Savage
Ms. Weinreich called the meeting to order at 7:05PM. The open session meeting was recorded in the Select Board Room
in Town Hall 120 Main St in North Andover.
Public Comment
No public comment.
Review & Vote on FY21 Budget Transfers
Lyne Savage was present at the meeting and gave an overview of the FY21 budget. Ms. Savage asked the Finance
Committee for a budget transfer of $1,144,721 which would turn back $422,000. Mr. O’Connell asked Ms. Savage about
the deficit for the Essex County Agricultural Tech. Ms. Savage stated the budget was made prior to the actual enrollment
of the students that ended up attending. Ms. Weinreich asked if the billing is in arrears or in advance. Ms. Savage stated
the bill is sent prior to the start of the school year and that the enrollment number is sent in advance of the actual number
as an assessment to the Town. Mr. Foley asked if the budget reallocation number is $1,144,721 or $1,713,441.76. Ms.
Savage stated it is $1,713,441.76 to use the surpluses from other line items in addition to the Finance Committee reserve.
MOTION: Mr. Foley motioned to approve the budget reallocation of $1,713,441.76. Mr. O’Connell seconded. Motion
approved 6-0.
Ms. Savage requested a budget reallocation of $28,095.05 from the Finance Committee reserve for an unpaid bill to the
tax title attorney.
MOTION: Mr. Foley motioned to approve the budget reallocation request of $28,095.05. Mr. O’Connell seconded.
Motion approved 6-0.
Old Business
None
Approval of May 25, 2021 Minutes
MOTION: Ms. Allen motioned to approve minutes of May 25, 2021. Mr. O’Connell seconded. Motion approved 6-0.
Approval of June 7, 2021 Minutes
MOTION: Mr. O’Connell motioned to approve minutes of June 7, 2021. Ms. Kean seconded. Motion approved 6-0.
Approval of June 17, 2021 Minutes
MOTION: Mr. O’Connell motioned to approve minutes of June 17, 2021. Mr. Silk seconded. Motion approved 6-0.
Vote for Next Year’s Chair and Vice-Chair
FY22 Finance Committee Chair:
MOTION: Ms. Kean motioned to elect Denevan O’Connell as Finance Committee Chair. Mr. Foley seconded. Motion
approved 6-0.
Mr. O’Connell took over the meeting.
FY22 Finance Committee Vice-Chair
MOTION: Ms. Weinreich motioned to re-elect Christine Allen as Finance Committee Vice-Chair. Mr. Foley seconded.
Motion approved 6-0.
Adjournment
MOTION: Ms. Weinreich made a motion to adjourn at 7:20PM, seconded by Ms. Allen. Motion approved 8-0.
Respectfully submitted,
Jillian A. Brothers
Executive Assistant