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4/15/1986 FINANCE COMMITTEE Minutes
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4/15/1986 FINANCE COMMITTEE Minutes
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10/25/2017 12:30:26 PM
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Mashpee_Meeting Documents
Board
FINANCE COMMITTEE
Meeting Document Type
Minutes
Meeting Date
04/15/1986
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.y. <br /> 0 f <br /> J <br /> fU,1Lf,,hpvr. fflziris. <br /> ANCE COMMITTEE <br /> FINANCE COMMITTEE MINUTES <br /> Town Nall <br /> April 1 , 1986 <br /> Present : Finance Committee members , Frederic Blythe , Carol <br /> nivan , Carl Heller , Joyce -Howell , t u Hronek , <br /> Elizabeth Terry , William Towner and the Town <br /> Accountant , Vern Polka . <br /> The Finance Committee convened at 6 p . m. Executive Secretary , <br /> Joseph Murphy joined the Committee to review the articles and <br /> available revenue . <br /> Murphy explained that available revenue was $8 , 632 , 924 , <br /> and the Following figures were determined . <br /> $8 , 029 , 154 department requests less cuts <br /> +• 234 , 298 state and county assessments <br /> + 318 , 000 overlay reserve <br /> + 50 , 000 tax title <br /> $8 , 631 , 452 <br /> 266 , 250 amount of money spent on debt and interest <br /> beyond 2 <br /> - 80 , 000 amount to be put in reserve Fund <br /> 15 , 000 debt service <br /> $8 , 260 , 202 <br /> + 184 , 306 Cape cod Tech assessment <br /> $8 , 444 , 508 <br /> This would leave $188 , 416 to spend on everything else . <br /> Joe explained that some of the bid requests have come in . <br /> The bids For the Shellfish pickup truck carne in at $4 , 734 . 60 <br /> a year, For three years, for a total o $14 , 203 . Chairman Blythe <br /> noted that this was not on the- priority list as determined b <br /> the Finance Committee . <br />
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