HomeMy WebLinkAbout2022-12-14 Finance Committee Minutes
Finance Committee
Minutes of December 14, 2022
Present:
Chair Denevan O’Connell, Keith Cheney, Ken Gray, Regina Kean, Nancy Sarro, Brianna Stetson, Eva Pastor and Finance
Director Lyne Savage
Not Present:
Vice Chair Christine Allen, Dustin Silk
Mr. O’Connell called the meeting to order at 7:00PM. The open session meeting was recorded in person in the Select
Board Room at North Andover Town Hall 120 Main Street North Andover.
Public Comment
None
TRI-BOARD MEETING between Select Board, Finance Committee and School Committee
Five Year Financial Forecast
Ms. Rodrigues gave a presentation of the five-year financial forecast. Ms. Rodrigues stated that North Andover is in very good
financial status. Mr. McDevitt asked where funding for Facilities Master Plan II would be stated. Ms. Rodrigues stated Facilities
Master Plan II is rolled into existing numbers through FY28. Mr. McDevitt asked about the additional staff and resources for the
Middle School project if the expenditure forecast is included. Ms. Rodrigues stated yes, it is included in the FY25 forecast.
FY24-FY28 Capital Improvement Plan
Ms. Rodrigues gave a presentation on the FY24-FY28 Capital Improvement Plan. Mr. O'Connell asked if any of the projects were part
of the ARPA funds. Ms. Rodrigues stated they moved away from routine capital items. Mr. Cheney asked how intentional the Town is
around preventative maintenance and how does it reflect in the budget. Ms. Rodrigues stated some is in the regular operating budget
and some are listed in budget. Ms. Rodrigues stated that a revolving account was voted on at Town Meeting which is used for selling
old vehicles to be used towards new vehicles. Ms. Bates asked Ms. Rodrigues where the figure for the fields would be. Ms. Rodrigues
stated final report has not been received yet, but have received design figures of the first field. Ms. Bates asked about the baseball
fields that the schools have as their outside maintenance but the Town has it as well. Ms. Rodrigues stated the fields are projects 2 and
3, which are a few years out. Ms. Bates asked about the IT costs of Town and School. Ms. Rodrigues stated IT is a shared service and
contained in the budget, but most are separate. Ms. Bates asked about the gym cost. Ms. Rodrigues said it is just for the design. Ms.
Phillips asked what other improvements will happen. Dr. Mealey stated the gym was pulled out from the plan and put forward since
the opportunity presented itself. Ms. Kean asked if implementation of ABECC would be after the years stated on chart. Ms.
Rodrigues stated yes. Ms. Phillips asked about revenue for streets and sidewalks. Ms. Rodrigues stated in the future budgets for
streets and sidewalks will be looked into after Columbia Gas work has been completed. Ms. Phillips asked about the High School
track resurfacing and when it might happen. Dr. Mealey stated in a few years it will be brought forward as a capital request. Ms. Bates
asked about the new cruisers. Ms. Rodrigues stated about three new cruisers will be purchased through operating costs. Mr.
Vaillancourt asked if 105-foot ladder fire truck will be tall enough. Mr. Weir stated it is the maximum that they can get without
extreme sizing, which makes it difficult to get around roadways. Ms. Smedile mentioned sidewalks and roads on Beverly Street area
look great.
ADJOURNMENT- Finance Committee
MOTION: Ms. Keen made a MOTION, seconded by Ms. Sarro to adjourn the Finance Committee meeting at 7:45PM. Motion approved
7-0.
Respectfully submitted,
Jillian A. Brothers
Executive Assistant