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S <br /> Finance Committee <br /> Minutes <br /> February 18, 2016 <br /> NEW BUSINESS <br /> FYI Budget Meeting with Town Manager Collins: <br /> Town Manager Rodney Collins was in attendance to review his recommended budget for FYI <br /> with members of the Finance Committee. The budget as presented is reflective of a 1.7% <br /> increase over last year, Town Manager Rodney Collins clarified several questions asked of the <br /> committee, most of which dealt with salary increases due to cost-of-living-adjustments and steps. <br /> Town Manager Rodney Collins indicated he is comfortable with the level of services the budget <br /> has provided. <br /> The next budget meeting and warrant review will be held on March 3,2016. This information <br /> will assist with the compilation of materials associated to the annual Report of the Finance <br /> Committee for the May Town Meeting. <br /> ADJOURNMENT <br /> Motion made by Mr. Richardson to adjourn at 7:36 p.m. <br /> Motion seconded by Mr. Klenert. <br /> VOTE: Unanimous. 6-0. <br /> Roll Call Vote: <br /> Mr.Avis,yes Mr. DelPonte,yes Mrs. Cook,yes <br /> Mr. Klenert,yes Mr.Richardson,yes Mr. Pettengill,yes <br /> Opposed, none <br /> Respectfully submitted, <br /> Kathleen M. Soares <br /> Finance Committee Secretary <br />