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1/20/1998 FINANCE COMMITTEE Minutes
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1/20/1998 FINANCE COMMITTEE Minutes
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Mashpee_Meeting Documents
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FINANCE COMMITTEE
Meeting Document Type
Minutes
Meeting Date
01/20/1998
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2 <br /> another level of detail;therefore,this budget report has no special articles included in it and <br /> no encumbrances or unpaid bills included. This will allow the Finance ommittee to make <br /> budget to budget report. <br /> She noted the budget columns contained in the report: FY-97 Paid-To-Date,FY98 Original <br /> Budget,FY98 Paid-To-Date,and FY99 Department Requests. <br /> Diane Rom melmeyer noted that all the budgets have been received except that she has not <br /> received the budget from Cape Cod Regional Technical High School. The Business <br /> Manager was contacted and informed her that they do not have the figures from the State <br /> yet. She stated that she level funded their budget,but she made the Finance Committee <br /> members aware that it will probably go up. <br /> Chairman watt stated that he received in his mailbox today a budget report from the Cape <br /> Cod Regional Technical High School. They checked the report for the budget figure and it <br /> was listed as$454,040 which is approximately$22,000 more than the level-funded budget <br /> amount of$43 L 906. <br /> She added that there is a column on the Budget Report for percent Change 9 -99 to enable <br /> the members to see which accounts have gone up and which accounts have gone down. <br /> The percent change is calculated on the department request. <br /> Diane Rom elmeyer informed the Finance Committee that if any departments requested <br /> new positions,they are included in the budget figures. <br /> FISCAL YEAR 1999 BUDGET ANALYSIS OF AVAILABLE REVENUES: <br /> Robert Whritenour,Executive Secretary, distributed an Analysis of Available Revenues for <br /> the Fiscal Year 1999 Budget. <br /> Mr. Whritenour stated that there still are a few numbers that they are working on. He stated <br /> that the Department of Education will not release their numbers. Mr. Whritenour stated that <br /> he is very interested in working with Mr. Cleary on the numbers for the Education <br /> Foundation Budget. <br /> Mir. vhritenour reviewed the first part of the report, Sources of Funds, and the second part <br /> of the report,Uses of Funds. <br /> Mr. Whritenour noted that the Cherry Sheet figures listed in Section A,General <br /> Government,are all state aid items and are actual figures, including the Total Cherry Sheet <br /> numbers. <br /> Mr. Goggin questioned if the new debt schedule is included in the budget packet. Mr. <br /> Whritenour stated that it is. <br /> Mr. Golub questioned Mr. Whritenour how he is providing for extraordinary free cash and <br /> whether that is included in the 1999 budget. Mr. V&htenour stated that future free cash is <br /> not a part of the budget. <br /> i <br />
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