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HomeMy WebLinkAboutFCMeetingMinutes_07.11.13 1 TOWN OF NORTH ANDOVER FINANCE COMMITTEE Meeting Minutes Meeting Date: July 11 2013 Meeting Location: Town Hall 1st FL Meeting Room Meeting called to order: 6:50 Alan LeBovidge AL, Chairman Michelle Nadeau- MN X X Tom Dugan TD, Vice Chairman Robert Norbedo-RN Karin Blake KB Matthew Remis-MRem X X Dan Leary -DL X Bill Callahan BC Pat Sifferlen, PS, Admin X X Donald Elliot DE Non FinCom Members in Attendance OTHERS: Lyne Savage (LS) 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 DATE No minutes 2 AGENDA ITEM A: Discuss and vote on Budget Reallocation request Discussion: AL: Need to vote for budget reallocation for Lyne LS Able to pull funds from multiple areas Surplus salaries, Group insurance biggest portion of 429K. AL: Made Motion to Accept Budget Reallocation of funds Seconded by MR YES 6 NO 0 Passed 3