1993-FINANCE COMMITTEE - Laserfiche WebLink

Home Browse Search

KASHPEE FINANCE COMMITTEE MEETING MINUTES FEBRUARY 9, 1993 MEETING COMMENCED AT 7:15 PM Members Present: Deirdre Greelish, chairperson; Dan Goggin, Vice Chairperson; John Ferriday, and Ed Baker. Ed Baker MOTIONED to accept the Minutes of January 26, 1993. John Ferriday seconded the motion and members voted in acceptance of the Minutes 3-0, Deirdre Greelish abstaining. Denise Sulliivan� Roger Dunivan and Tony Gallo were not present. MINUTES Finance Committee members discussed how the committee planned to set aside the amount of money each department would receive. Mr. Ferriday mentioned that the committee could possibly compare Mashpee to other towns on the Cape that are similar in size, etc, and to see what that town spends on each category rather than going line by line through each department. Mr. Baker mentioned that there are just too many dif f erences when comparing Mashpee to other towns. Ms. Greelish stated that they needed to decide if they would use "broad brush or detail work" during budget preparation. Mr. Goggin stated that he f elt they did need to look at each departmentts line items. Mr. Ferriday mentioned that Mashpee is fourth on the Cape in total expenditures (big spenders per capita) . Ed Baker f elt that we needed to spend less this year than last year when we look at the annual plan. He f elt we needed to pinch pennies now to prevent predictions in the future of ten million required income. Deirdre Greelish stated that the committee did need to agree upon the amount of money that would come out of circulation with the Board of Selectmen. Mr. Baker stated that it did make sense to make pessimistic suggestions of local receipts. Deirdre stated that free cash cannot wind up unspent. Ed stated that if you drop local receipts by $150,000 then you saved that Amount. If you needed $150,000 then you would take it out of free cash. Mr. Baker felt that if you defer $150,000 by not putting it into anticipated income, there are less people screaming- to get their hands on it. Ed just felt that it would be better in the Stabilization Account rather than in free cash. His point was that local receipts should be reduced. He f elt that the money would not get to the Stabilization Account without reduction of local receipts. Stay with $1,700,000 rather than $1,825,000, which was the figure the Executive Secretary gave. MS. Greelish stated that 1. the committee needed to decide how to tackle the budget and 2. what is the figure to start working from. 7 Mem bers also questioned whether or not a FinComm member could sit