09/12/2006 FINANCE COMMITTEE Minutes

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ARTICLE V. Article V concerns whether to appropriate and transfer Two Hundred Thousand Nine Hundred Thirty Six Dollars ($200,936.00) from the Overlay Surplus accent to the Assessors' Revaluation Account. There was a discussion between Bob Hutchinson and Joyce Mason, and they both agreed that the amount of this find appeared to be reasonable. Chuck Gasior moved to approve ARTICLEV. Bob Hutchinson ap r v Chris Avis seconded all were in favor no further discussion. Approved. ARTICLE VI. Article VI concerns whether to fand a Stipend for members of the Board of Assessors in the amount of$1,200.00. Bob Hutchinson discussed the fact that other Boards do not receive a Stipend. Bob Hutchinson stated that he would agree with reimbursement of expenses for travel, etc., but not a Stipend, which he likened to a salary. Bob Hutchinson stated he felt the Board, life the Finance Committee, was voluntary;and members should not receive a salary. There was a discussion regarding whether or not the members of the Board of,Assessors need to be certified in order to perform their duties, whether they were certified prior to their position, and whether this should be a factor in considering the Stipend. Chuck Gasior moved to aviDrove ARTICLE VI Bob Hutchinson Chris Avis Chuck Gasior, and Lynda Carroll were not in favor of approval. Chuck Gasior stated that the Finance Committee was not in favor. Not Approved. ARTICLE VII. Article V11 concerns the transfer of fmis in the amount of Five Thousand Five Hundred Sixteen($5,516.00) to the Library Expense account. Chuck Gasior and Joyce Mason on discussed this Article, and Bob Hutchinson inquired if there were other accounts that they could use to acquire this money, or if there was a risk to Mate aid if this was approved. Bob Hutchinson preferred that they wait until approximately ninety o days into their operating budget to decree 'if this transfer was necessary. Chuck Gasior moved to consider ARTICLE VIL Chris Avis a rovcd Lynda Carroll seconded Bob Hutchinson was not In favor, no further discussion. Three to 1 in favor. Approved. ART'IC'LE VIII. Article Vlll concerns the transfer of Fifteen Thousand ($15,000.00) dollars towards the Riverside Road Project Account for the repair of the water access located on Riverside Road. Chuck Gasior moved to avorove ARTICLE VIII Bob Hutchinson approved, Chris Avis seconded all were in favor, no further discussion. Aporoved. ARTICLE IX Article IX, concerns the transfer of{Three Hundred Fifty Two Thousand, Six Hundred Fifty Two ($352,652.00) from the AFCEB Cranberry Reimbursement Account to the Conservation Lands Maintenance Improvement Account. Where was discussion regarding funds for the maintenance nce f the bogs.