01/23/1996 FINANCE COMMITTEE Minutes

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r Page looking for a significant number of dollars. Mr. Golub explained that the Committee had not core to any consensus but will hear everyone throughout. Ms. King mentioned that Dr. DeMour has $25,000 'n the CIP for computers and this is also requested in his budget. MMA Conference Ms. King mentioned that there'was a whole section of the conference dedicated to the CI . M . Bacigalupi felt that the CIP process started late, The CIP requests are dine into the Town in September not November or December. He would lice to see that this process comply with the By-Law. Request for Reserve Fund Transfers The Committee agreed that they would need to vote on the request from the Board of Health which requests funds to corer the cost of providing public water to the last nine remaining houses in the Horse shoebend/Tritown Circle area. Ms. King mentioned that she had spoken to Ed Baker, Water District and Deirdre Greelish, Nater District regarding this problem. She explained that Mr. Baker feels the Town should pay for it. - she also explained that if and when the Town is reimbursed the money would go to the Nater District, Ms. King's opinion was that the theres no liability to the Town to pay for this. she entertained a Motion to deny this request. Mr. Golub Motioned to deny this request. Mr. Gallo seconded the Motion, Mr, Bacigalupi stated that he agreed to deny, due to the fact that when Briarood was faced with the same problem the homeowners did not receive any financial help. Mr, Bacigalupi felt that this should go to Town Meeting in the form of an article for betterments for Town Meeting approval. The Committee voted 6-0 in denial of this request by the Board of Health. Mike Kumin abstained from the vote. The second request was from the School Department requesting $6,000 be placed in the Medicaid Reimbursement Account to compensate contractors for the processing of Medicaid Reimbursement requests. Where were questions as to why this was not in the school budget. Ms. King said that she would contact Diane Rommelmeyer and ask the best place to beep this money. Would it be beneficial to have it placed within the school budget or keep it outside of it Mr. Bacigalupi Motioned to approve this transfer request. Mr. Gallo seconded the Motion and members approved 7-0. Articles on Warrant The Committee received a budget calendar from Mr. Whritenour. The secretary was asked to look up the stabilization Article for the next meeting,, The Committee would be transferring monies from Free cash into Stabilization at the Special Town Meeting.