HomeMy WebLinkAboutFCMeetingMinutes_04.06.10
TOWN OF NORTH ANDOVER
FINANCE COMMITTEE
Meeting Minutes
Meeting Date:2010
6 April
Meeting Location: Meeting Called to order:
Town Hall, First Floor6:40 PM
Conference Room
I. FinCom Members in Attendance
Mark Rodgers-MR, Chairman Ramsey Bahrawy -RB
X X
Peter Besen-PB, Vice Chairman Bonnie Wilkinson-BW
X
Ben Osgood-BO
X
Jean Sullivan-JS Thom Dugan-TD
X X
Alan LeBovidge-AL Herb Cunha-HC, Minutes
X X
Non FinCom Members in Attendance
OTHERS: -Stan Limpert, SL-Vice Chair-Schl Com.-Mark Rees, MRees-Town Manager
-Chris Hottel, CH-Sch Supt -Christine Allen, CA-VC Schl Com.
-James Mealey, JM-School Finance
Note: All FINCOM votes are subject to change upon receipt of new information.
I. Previous Minutes Approved
DATE: 16 Mar 2010 Approved, unanimous
1 Apr 2010 Approved, unanimous
III. New Business
A. FY11 Budget Review and vote
AGENDA ITEM:
Discussion The FY11 General Fund Budget-Option B Revision #2 was reviewed and
-
discussed.
-CH: He feels that CIP at Town Meeting, will need to consider IT system
consolidation.
-MR: He suggested that IT leave application software in each group, but that system
and other related items could be consolidated.
th
-Discussion followed relating to the 27 pay provision which will show a 4%
increase.
-MRees: He suggested that FINCOM prepare their budget and then we can meet to
get a consensus.
A. FY11 Budget Review and vote, continued
AGENDA ITEM:
Discussion:
Vote Taken: Motion by PB: To approve FINCOM General Fund Budget
GFB) as amended by MR with the change to move $150k from Support
Services Information line to School Education line. Seconded by RB.
Vote: Yes-7, N-0, A-0, passed.
Note: Before voting on GFB, an Amendment Motionwas made by BO: To
Decrease the Health Fund contribution by $100k and increase the
Stabilization fund contribution by $100k. Seconded by TD.
Vote: Yes-6, N-1-PB, A-0 passed.
The Rationale for FINCOM Recommended Budget:
-Public Safety-related to 1 time training
-Public School line-related to the SchoolÈs top 8 out of 14 priorities, dealing with
materials, nothing to do with labor.
-Snow and Ice-tracks prior year.
-Elder and Youth Services-restores various non-labor expenses.
-Stevens Library-preserves Sunday hours.
-Structures and Grounds-increase is relating to bringing Facilities Director on earlier.
-Group Insurance Funding-reduction relates to keeping the Fund balance at
approximately FY2010 level.
-Transfer information-Stabilization to encourage discipline of adding reserves.
B. Article Y Write-up vote
AGENDA ITEM:
Discussion: -Article Y Write-up vote:
Vote Taken: Motion by BO to approve Article Y write-up as amended.
Seconded by JS.
Vote: Y-6, N-1-PB, A-0, passed
C. CPA fund recommendations Vote
AGENDA ITEM:
Vote Taken: Motion by RB to vote favorable action for the Community
Discussion:
Preservation list of projects excluding Ridgewood Cemetery and Rolling Ridge
projects. Seconded by TD.
Vote: Y-7, N-0, A-0, passed
C. CPA fund recommendations Vote, continued
AGENDA ITEM:
Vote Taken: Motion by RB to vote for favorable action for the Ridgewood
Discussion:
Cemetery project. Seconded by PB.
Vote: Y-6, N-0, A-1-BO, passed
Vote Taken: Motion by TD to vote for favorable action for the Rolling Ridge
project. Seconded by PB.
Vote: Y-6, N-0, A-1-RB, passed
Vote Taken: Motion by BO to approve $293,184 in expenses for Stevens Estate
Enterprise Fund. Seconded by JS.
Vote: Y-7, N-0, A-0, passed
Action Item: MR to email Bruce Thibideau to have him give a presentation to
FINCOM about the Sustainability Committee relative to being a Green
Community.
Action Item: MR to email George Koehler, Chair-Family Housing Committee,
to discuss Article EE.
Finance Committee Report review
D.
AGENDA ITEM:
Vote Taken: Motion by BO to approve write-up of Fin Com Annual report.
Discussion:
Seconded by AL
Vote: Y-7, N-0, A-0, passed.
E. Warrant Articles Votes
AGENDA ITEM:
Discussion:
F. New Business
AGENDA ITEM:
BCG Update.
Discussion: Trying to work to remove disconnects on budget going to Town
Meeting.
III. Old Business/Non-Agenda Items
NON-AGENDA ITEM:
Discussion: -
V. Adjournment
Motion: AL Yes Unanimous
Seconded: BO Time: 9:25 PM
IV. Next Meetings
Thursday, 8 Apr 2010 Town Hall, 6:30 PM
ITEM # ACTION ITEM INDIVID. COMPL. STATUS
DATE
1-8 Completed items are shown in FINCOM Mtg Minutes C
of 4 Mar 2010 for review.
9,11-Completed items are shown in FINCOM Mtg Minutes C
14,16 of 11 Mar 2010 for review.
10, Completed items are shown in FINCOM Mtg Minutes C
18,19 of 25 Mar 2010 for review.
15 Add description column on Master Articles List which MR 16 Mar C
are boiler plate articles and will assign Articles to
FINCOM members.
17 Correct current formula issues with the forecaster. MR/TD 11 Mar
18 To email Bruce Thibideau to have him give a MR 8 Apr C
presentation to FINCOM about the Sustainability
Committee relative to being a Green Community.
19 To email George Keoghler, Chair-Family Housing MR 8 Apr C
Committee, to discuss Article EE.
20 Email Mark Rees to request Labor council to meet with MR 8 Apr C
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Fin Com to discuss 27 payroll with respect to our
labor contracts.
C=Complete
ACTION ITEMS