HomeMy WebLinkAbout2021-09-28 Finance Committee Minutes U r
Finance Committee
y Minutes of September t mbe 2 r 2 21
8, 0
Present: Chairperson Denevan O'Connell,Edward MacMillan, Christine Allen,Dustin Silk,Jennifer Luz,Nancy Sarro,
Brianna Stetson,Eva Pastor
Absent: Regina Kean
Non-Finance Committee Members: None
Mr. O'Connell called the meeting to order at 7:01 PM. The open session meeting was recorded in person in the Select
Board Room in Town Hall 120 Main St in North Andover.
Introduction of New Members
Mr. O'Connell welcomed the newest Finance Committee members Nancy Sarro,Brianna Stetson and Eva Pastor.
Public Comment
No public comment.
Approval of July 15,2021 Minutes
MOTION:Ms.Allen motioned to approve minutes of July 15, 2021. Mr.MacMillan seconded. Motion approved 5-0-3.
Review of Finance Committee Policies and Rules of Procedures
Mr. O'Connell asked the Committee to look over the policy and procedures document and will vote to approve it at the
next meeting.
Review of Budtet Calendar and Key Milestones
Mr. O'Connell stated the Select Board has not approved the budget calendar as of yet so as soon as it is final it will be
given to the Finance Committee members. Ms. Sarro asked for a rough idea of the calendar. Mr. O'Connell stated it has
not yet been posted.
Revenue and Fixed Costs Committee Explanation and Call for Volunteers
Mr. O'Connell explained the committee and the time commitment for the meetings. Mr. Silk and Mr. MacMillan
volunteered to be a part of the committee.
Discussion on topics the board would like to study this year outside of the budget
Mr. O'Connell asked if any member had suggestions of topics to discuss. Ms. Sarro asked if there were examples from
the prior years. Ms. Allen mentioned the non-disclosure agreements. Mr. Silk mentioned that Sasha Weinreich wanted to
work with the school budget. Mr. O'Connell stated he would reach out to Sasha Weinreich to received additional
information. Ms. Allen mentioned the importance of having single representatives from the Finance Committee paying
attention and watching the meetings of other groups to discuss with Finance Committee. Ms. Luz suggested a
representative from Fireside Catering come to a future Finance Committee meeting to explain their process before Town
Meeting. Ms. Luz suggested having the School Committee in to discuss and give an update of what is going on. Ms.
Allen asked to have the Town Manager come in to discuss the current status of the Middle School Fields. Ms.Allen
mentioned getting an update on the new Senior Center. Ms. Allen also mentioned an update on Royal Crest. Ms. Luz
asked about receiving updates on Amazon. Ms. Allen asked about receiving an update with the federal money received
for COVID-19 specifically how the funds can be used. Ms. Luz suggested to have both the Town Manger and Finance
Director in to discuss any ideas they have.
Mr.MacMillan asked about dates of future Finance Committee meetings. Mr. O'Connell stated it is being worked on.
Mr. O'Connell,Ms. Allen and Ms. Luz gave an overview of the Finance Committee to the new members.
Adi ournment
MOTION: Ms. Luz made a motion to adjourn at 7:30PM, seconded by Mr. Silk. Motion approved 8-0.
Respectfully submitted,
Jillian A. Brothers
Executive Assistant