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3/2/2005 FINANCE COMMITTEE Minutes
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3/2/2005 FINANCE COMMITTEE Minutes
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Mashpee_Meeting Documents
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FINANCE COMMITTEE
Meeting Document Type
Minutes
Meeting Date
03/02/2005
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�5 <br /> MASHPEE FINANCE COMMITTEE <br /> NUNU TE S <br /> WEDNESDAY., 1 ARCH 29 oo <br /> 'resent: Chairman Gerald Ulna <br /> Chris Avis, Chuck Iottridge <br /> Guests: George Baler, Mashpee Fire Chief <br /> Deborah Dami, Town Clerk <br /> Joyce Mum, Town Manager <br /> Greg Taylor, DPW <br /> CALL To ORDER <br /> The Finance Committee convened at 7:36 p.m. at the Mashpee Town Hall, Meeting Room 3. Due t <br /> lack quorum, Chairman Umina stated that no votes would be taken. <br /> NIEW BUSMSS <br /> Finance Committee Appointments <br /> M Chairman Umina received letters from two citizens expressing 'interest in serving on the <br /> Committee. Atter reviewing qualifications, board reached a consensus to recommend Mr. <br /> Robert Hutchison. <br /> 0 Ms. Dami will forward process to appoint new Committee member. <br /> Transfer of Reserve Funds <br /> ..A/fIS <br /> Committee reviewed request from MIS for$6,000 to cover unforeseen increases in vendor <br /> network support and security. Ms. Mason agreed the need is valid. <br /> Committee reached a consensus to approve request. F <br /> Insurance <br /> Committee reviewed a request from Town Manager to transfer $8,500 to insurance expense <br /> to fund additional premiums resulting from annual audit. <br /> Chairman Umina suggested trimming request to $6,500 and leaving remainder in reserve. <br /> Committee agreed to wait for a quorum to vote. <br /> Miscellaneous <br /> • FIs. Mason reviewed assessment from Cape Tech, showing significant savings due to low <br /> enrollment of Mashpee students. <br /> • Ms. Mason noted snow and ice costs will tale a significant amount out of free cash. <br /> OLD SSSS <br /> Budget Recommendation <br /> i 0 Committee continued its review of Town Manager's FY2006 budget recommendation. <br /> ,Fire DWarmient <br /> fir. Avis reviewed his suggestion to lever-fund expense budget. Ms. Mason countered that <br /> this approach interferes with the department' five-year plan for equipment, gear and <br /> maintenance. Chief Ba er questioned how toaccount for increases in fixed costs such a.s <br /> fuel. <br /> Mr. Avis observed that most increases in budget were related to other items such as <br /> supplies, while maintenance already appears dose to level for FY . Chief Baker noted <br /> that all increases were less than %, and costs are related to maintenance rather than new <br /> acquisitions. <br /> W. Avis highlighted some extra fanditig in maintenance costs. Chief 113aker attributed this <br /> to some,contingency planning. Mr. Avis suggested that repair costs are high for new <br />
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