1994-FINANCE COMMITTEE - Laserfiche WebLink

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• Page 2 process was a little flawed? Ms. Sullivan stated that she felt the Committee should not do anything. Marcia King also agreed that she felt the Committee did not have the authority to do anything. Deirdre Greelish thought that the Committee should send some type of notice to the Board of Selectmen stating that they were in support of the Selectmen's decision to hold off on choosing an architect. Ms. King stated that she would be willing to contact The Enterprise so that the taxpayers would stay informed as to what the Finance Committee feels regarding the whole situation. Dan Goggin suggested, rather than being misquoted, put a letter in writing and send it to The Enterprise. Ms. Greelish suggested that it be written in a question and answer format. Mr. Goggin's concern was that if the town missed the June 1994 filing and waited to June 1995 the reimbursement rules could possibly be changed in January 1995. Mr. Goggin also suggested attending the Selectmen's meeting on Monday night and bringing up these concerns of the Finance Committee. Mr. Dunivan also agreed that the Committee is trying to deal in the best interest of the high school . This school will be a building that will be used for the next fifty years. It should be done correctly and in the best possible manner. For the record, Mr. Ferriday mentioned that there was an invitation . for the liaison to the school department to attend an annual luncheon being put on by the Cape Cod Technical High School. He stated that anyone wishing to go could attend, and that the students usually do an excellent job. FIVE YEAR FINANCIAL PLAN Dan Goggin issued a copy of the Plan to the Committee for its review. He stated that basically these were Al Polsi's figures rearranged. The Committee agreed that realistically it should be a five year plan instead of a ten year plan. Mr. Dunivan questioned using the Taxpayers Association's figures? The Committee reassured him that they had already reviewed these figures with Mr. Polsi and made the changes they felt necessary. This was also the reason for discussing it again at this meeting. After reviewing the School's column, Mr. Dunivan stated that he felt the Committee should better understand the State formula for funding. The Committee agreed that this was an essential thing to do. Mr. Goggin stated that he would check into the Local Government column to make sure it checks with the budget for FY94. Mr. Goggin also stated that he would review the tax levy amount and the overlay. Mr. Dunivan stated that if the town does not file its school plans until September or October then the short term gg' borrowing amount will be affected. The Committee agreed to look q. into that figure. Ms. Greelish did not think that the computer • upgrade should be in the plan. The Committee agreed to take it out. They also agreed to eliminating the capital equipment column.