Laserfiche WebLink
} <br /> MAS FINANCE COMMINUTTEE <br /> MINUTES of May 5, 2003 <br /> Present: Carlton Meredith, Chairman, Dean Arden, Jeffry Arnold, Teresa Cool , <br /> Frederick Blythe. <br /> Absent: Janes Morgan, Kathleen Lynch <br /> CALF.TO ORDER Chairman Mer lith called the meeting to order at 6-08PM at the <br /> Quashnet School Gymnasium. <br /> OLD USINESS <br /> FY20 4 Omnibus Budget Line Item No. 87,Medical Insurance Premiums. The Town <br /> Treasurer had provided a figure of S 134,547 which was in the line item to subsidize <br /> medical insurance premiums for retired town employees but which has not been i <br /> authorized by proper vote of the town citizens.. It was moved and seconded that, at <br /> Town Meeting, Chairman Meredith speak to recommend reduction of line item 87 from <br /> $3,,078,,250 to $2,943,403. <br /> Vote: 4--o, unanimous <br /> ecial T-own Meeting Article 4, Additional Funding for I neM l ra nt Insurance <br /> Paments. The Treasurer justified an.additional $50,000 be appropriated for FY2003. <br /> While committee members were skeptical of the personnel practices which had permitted <br /> such a shortfall, it was agreed that the payments bad to be made. It was moved and <br /> seconded that the Finance Committee recommend approval of Article 4 Special Town <br /> Meeting Warrant. <br /> Vote: 4—o,unanimous <br /> Annual Town Meeting Article 4 Payment of 2% Cost of Living Allowance for Certain <br /> Town En toes. This payment is contractual and cannot be withheld. It was moved <br /> and seconded that the Finance Committee recommend approval of Article 4 Annual <br /> T vm.Me tin -Warrant, <br /> Vote: 4—0, unanimous <br /> Annual Town Meeting Article 11, F tmding Request of An Additional l 10,000 from the <br /> Charter Commission Ata previous meeting, Finance Committee had decided that this <br /> amount appeared excessive to the needs of the Charter Commission and had voted to not <br /> recommend it be approved at Town Meeting. Upon receiving information that the <br /> Chairman of the Charter Commission had reduced to amount requested to $6,000,the <br /> Finance Committ.ee 4greed the value was more reasonable. It was moved and seconded <br /> that the Finance Committee recommend approval of a motion to find the Charter <br /> Comn scion- ,00 for..FY2 4. <br /> Vote: 3 —0— 1 abstention <br />