2/10/2017 FINANCE COMMITTEE Minutes

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used for, increases a floating budget total that we can't really get our arms around. The school committee process Is not clear to the Finance Committee. William m Johnson made a recommendation that wherever a pre-pay is concerned, show a column without the pre-pay and to show the numbers as finally resolved. Ms.. Bradshaw stated that the school Committee would be open to a discussion with the Finance Committee regarding the use of pre-pays. Ms. Bradshaw plans to core back to the Finance committee by the end of March with the school Committee's final budget number. 3. Finance Corrine report— Review of Draft Document-Charles Gasior Copies of the Finance Committee Report draft prepared by Charles Gasior were distributed to the committee members.. Mr. Gasior explained that every town committee/board submits an annual report to the Town Manager, who then incorporates the documents into a Town Rep ort. The first Article of every May Torn Meeting is to approve the Annual Town Report. Mr. Gasior asked the committee members to provide hire with their additions/corrections to the draft by the net meeting on February 24, 2011 before submitting it to the Town Manager. . Entitlementf etir rnent Accounting—Oskar Kleinert Oskar Klen rt reported that in a meeting with the neer Mate Representative David Vieira, Mr. ieira indicated that in order to obtain a credit rating for a town with the agencies, they require that these funds be spelled out to see what is being covered-by the town and what the short fall is. OLD BUSINESS 1. Invitation Letter to cape cod Mate Legislators—Christopher Avis Oskar Klenert reported that he and Charles Gasior rnet w' ith David Vieira and Mr. Dunt and was surprised to hear that the meeting was called by ilr. Vieira who was trying to get some input on the new bill filed to change the appropriations of the CPA fund. it was a good meeting because the consensus was that everyone is benefiting a little bit from'these-funds: the town administration, the humanities, the historical society, but the general public does not benefit, especially the maintenance of these facilities. All the towns around us have indicated that they are eager to get this changed so they can keep their recreational facilities in good shape. Charles Gasior stated that the matching funds come from the deeds that are recorded in the county. Oskar Klenert stated that Mr. Vieira had indicated he would be happy to assist in any way, and therefore urged that the Committee move ahead with the invitation letter. Christopher Avis will finalize the letter for approval at the next Finance committee meeting on 2/24/11. . Regional nal Tech High school Budget Increase—Charles Gash Charles Gasior distributed copies of a cape Cod Tech 1= 12 Assessments chart, indicating that the total assessments have increased $330,115 .3% in FY12 over FY11. The Il ashpee FY 12 enrollment has increased 9.7%, with total assessments increased from $888,926 in FY 11 to $955,504-i n FY 12. Oskar l" lenert stated his feeling that the taxpayers are justified in asking for an explanation of what is going on behind the scene. Christopher Avis made a motion that the Finance Committee invite the Mashpee rep, David Bloomfield, and possibly the Regional Tech business manager and the superintendent, to attend our next meeting to explain the Cape cod Tech assessment. Mark Davini seconded the motion. The motion was-unanimously approved. Oskar Klenert will extend the invitation to Regional Tech.