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1994-FINANCE COMMITTEE
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1994-FINANCE COMMITTEE
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Last modified
12/1/2016 7:15:36 PM
Creation date
11/17/2016 3:20:24 PM
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Mashpee_Meeting Documents
Board
FINANCE COMMITTEE
Meeting Document Type
Minutes
Meeting Date
12/31/1994
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I <br /> UNFINISHED BUSINESS <br /> The following items were found included in the Minutes going as far <br /> back as November 30th. These were things that were mentioned and/ <br /> or discussed which I thought you may like to review again for your <br /> information only. It may be helpful to keep this sheet with your <br /> files to have on hand if needed. <br /> I - request that the Executive Secreta4 ask for proposals from <br /> outside companies in regard to the work needed on the town hall <br /> floors <br /> - not set a precedent with a 2% cost of living increase in July <br /> and again in May <br /> 3 - writing to The Enterprise and or Messenger weekly to keep the <br /> taxpayers informed <br /> Lj - three recommendations are not needed at Town Meeting, only a <br /> recommendation from the Finance Committee and figure requested by <br /> departments <br /> JC - moving Buildings and Grounds out of the Selectmen's budget and <br /> back into the DPW <br />• CP - $111,000 excess that the Finance Committee wishes to be placed <br /> in reserve to pay debt inside 2 1/2 <br /> -7 - $200,000 into a Capital Replacement Account <br /> g - keep Stabilization growing by placing a percentage of revenues <br /> into the Account annually/semi-annually <br /> q - placing prepaid betterments into a Betterment Reserve Account. <br /> There was a question about an excess amount of $188,000 which the <br /> Executive Secretary claimed went into Stabilization last year. <br /> �b - set aside 1% of levy limit <br /> Ik - work the 53rd week into the yearly budgeting, so that it won't <br /> continue every 5 years <br /> ID - Mr. Martini is still being paid by the Police Department for <br /> work contracted out <br /> 63 - $40,100 available revenue to be transferred to a Capital <br /> Replacement Account <br /> $126,000 from available revenue to be transferred to Betterment <br />• Reserved Receipts Account <br /> �S - rescind borrowing authority on the Mashpee Middle School <br />
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