HomeMy WebLinkAbout2023-02-15 Finance Committee Minutes
Finance Committee
Minutes of February 15, 2023
Present:
, Vice Chair Christine Allen, Dustin Silk, Nancy Sarro, Brianna Stetson, Eva Pastor, Keith
Cheney
Not Present:
Ken Gray, Regina Kean
Present Non-Member:
Finance Director Lyne Savage, Town Manager Melissa Rodrigues
called the meeting to order at 7:01PM. 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
Town Manager Melissa Rodrigues and Finance Director Lyne Savage were present at the meeting and gave a presentation of the FY24
budget. Mr. O'Connell asked Ms. Rodrigues prior to the decrease in local receipts, what was the increase percentage of the local
receipts. Ms. Rodrigues stated about a 2 to 3% increase. Mr. O'Connell asked what the ramifications are if the Amazon TIFF goes into
effect on June 30, 2023 versus if it goes into effect after June 30, 2023. Ms. Rodrigues stated Amazon will get a normal tax bill if
Amazon does not have their occupancy permit by June 30, 2023. If they do get their permit by June 30, 2023, there will be a 20%
reduction in taxes. Mr. O'Connell asked about the education expenditure compared to last year. Ms. Rodrigues stated about the same.
Ms. Allen asked what Shared Services include. Ms. Rodrigues stated that electricity bills are now all in one in the Shared Services, for
example, postage was previously moved into Shared Services. Ms. Sarro asked about any changes being made with the town
employees. Ms. Rodrigues stated there has not been any changes for town employees. Mr. O'Connell asked what the capital project is
for the GSDL. Ms. Rodriguez stated there isn't a specific project as of yet.
VOTE ON CAPITAL IMPROVEMENT PLAN
there may be additional information available at a later date.
APPROVAL OF OPEN SESSION MINUTES FROM JANUARY 18, 2023
MOTION: Mr. Silk made a MOTION, seconded by Ms. Pastor, to approve the Finance Committee open session meeting
minutes of January 18, 2023. Motion approved 5-0-2.
ADJOURNMENT
MOTION: Mr. Silk made a MOTION, seconded by Ms. Allen, to adjourn the Finance Committee meeting at 7:51 PM.
Motion approved 7-0.
Respectfully submitted,
Jillian A. Brothers
Executive Assistant
Documents used at meeting:
Presentation