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.ti <br /> r <br /> MH FINANCECOMMITTEE - - <br /> FEB 1 3WT --- <br /> } <br /> -y-OWN CLERK <br /> f:f: <br /> J WARY , 199 '� , S ' <br /> MEETING COMMENCED AT 60030PM <br /> Members present& Sidney Golub, Chairman: Dan Goggin, Vice <br /> Chairmaw Juan Bacigalui; Alec Watt; Make Ku ►in and Nancy <br /> Goulart* 'bony Gallo was unable to attend the meeting* <br /> Please note for the record that the audio tapes will be reused <br /> once the Minutes are approve <br /> Minutes <br /> The Minutes of December 10, 1996 will be voted on at the next <br /> regularly scheduled meeting. <br /> vacant Finance C mpttee Seat <br /> Chairman Golub noted that Jerome Claire had withdrawn his name <br /> for this Committee, Mr. Claire had, however, prepared <br /> correspondence -explaining schedule changes in regard to the <br /> Capital Improvement Committee. Mr, Golub asked if the one <br /> remaining applicant should be appointed or should the search ` <br /> continue? The Committee agreed that the search should continue. <br /> The Committee asked that the adverktisement continue to run out o <br /> the Selectmen's office and also that the newspapers be advised <br /> Joint Meeting with the Board of Selectmen <br /> Mr, Golub mentioned that budgets needed to be considered and also <br /> school requests" He asked if the committee would like to <br /> schedule a joint meeting with the Board of Selectmen on January <br /> 27th to discuss these items. Mr, Golub would also like to eater <br /> into Executive Session at that meeting to discuss the Police <br /> contract. The Committee agreed, and if the evening of January <br /> 27h was not available, that they still meet on January 28th. <br /> Education <br /> Mr. Bacigalupi had provided preliminary Foundation amounts for <br /> `Y96. Chairman Golub also noted that he had received the budget <br /> and it contains inflationary increases. The Finance committee is <br /> aware that there needs to be increases, in order to mneet the <br /> Foundation Budget. The committee may consider taking the current <br /> levels, increasing it by 2 1/2 and by the end of January they <br /> will have meet the Foundation Budget from the State. Mr. Goggin <br /> mentioned that he believed the levels of spending have been <br /> inflated, He felt that if you take a straight increase, then you <br /> are .increasing inflated levels, Mr. Golub stated that we meed to <br /> take the position of frugality, but that the committee does not <br /> want to come in at odds, Chairman Golub also noted that the <br />