1993-FINANCE COMMITTEE - Laserfiche WebLink

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-3- Ed Baker wished to discuss betterments and their prepayments with the committee. Mr. Baker would like to set up another reserve account for betterment prepayments. Mr. Gaggin felt that prepayments should be put into the Stabilization Account. Mr. Baker MOTIONED to request the Board of Selectmen ask the state legislature to put an article on the next town warrant to establish a reserve account for betterment prepayments. John Ferriday seconded the motion and members voted 7-o in favor. CORRESPONDENCE Ms. Greelish drafted some memos, which if approved would be sent. She stated that she would like to send a memo to the Board of Selectmen asking that they include the chairperson of the Finance Committee to be on their financial team. Members agreed. She asked to send a memo to all departments indicating a policy for Reserve Fund Requests. Members agreed. Ms. Greelish indicated that Marilyn Farren, Personnel, funded the committee for 30 meetings rather than 20. She indicated that she would like to send a memo to each department who uses town vehicles req"esting a equipment replacement schedule, e.g. trading, available for another dApartment, useful parts, etc. This would also include computers and copiers. Members agreed to send this memo. There were also memos which members agreed to send regarding cranberry bogs, town report content, employee pay; and a memo to the school department regarding the town report content. Ms. Greelish issued copies of these d=afts to each member for their files. Mr. Baker also had a proposal for a referendum question to be pl aced on the town warrant regarding a 1.5% seller's tax to be equally apportioned to three accounts subject to town meeting appropria-tion; - 1. costs associated with the sO)nol department expenditures for Mashpee children at any grade level up to and including pre-fir'st; 2 . school facilities construction and other school department capital needs; and 3 . acquisition of town conservation lands. Members agreed to discuss this at a later meeting and they also agreed to try to come up with their own ideas for sources of revenue for the town. Meeting adjourned aL 2.LN : OOPM. Minutes submitted by Jean M. Mooney, Recording Secretary. The next meeting is scheduled for Tuesday, January 26, 1993 at 7-. 00PM. Scheduled for discussion is the Barnstable County Retirement Association and possibly the police captain.