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12/12/2006 FINANCE COMMITTEE Minutes
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12/12/2006 FINANCE COMMITTEE Minutes
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Mashpee_Meeting Documents
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FINANCE COMMITTEE
Meeting Document Type
Minutes
Meeting Date
12/12/2006
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i <br /> suggested speaking with the Manager,the Schools, etc, Ken stated that there was <br /> talk of hiring counselors for the teachers. There was a discussion between Ken <br /> Patrick and Bill Johnson about the cost per SPED student, and how SPED is <br /> actually defined. Chuck Gasior, Ken Patrick and Bill Johnson had a discussion <br /> regarding the teacher/per student ratio. Chuck Gasior stated that one of the <br /> FinCom's meetings should be devoted to meeting with the School Committee. <br /> Sandra agreed. There was further discussion as to whether the budget and per <br /> student cost was accurate. Bob Hutchinson wanted to know what the <br /> Superintendent's expectations were in terms of performance. Bob feels there are <br /> no measurements in place. He stated that there were no measurements last year, <br /> and there are not any this year. He felt the School's goals were extremely vague, <br /> yet there are requests for more funding. Bob stated that there is a need to know <br /> more details on actual costs, and a detailed plan on how improvements are going <br /> to be made, and what measurement devices will be used. <br /> Chris asked Joyce about the budget schedule. Chris felt a need to step up on their <br /> (FinCom)end in order to meet the deadline, as this would only leave about two <br /> (2) months. <br /> 111. Reguests For Transfers. lone <br /> Iv. old Business. Chris Avis referred to Ken Patrick to discuss correspondence <br /> with regard to retirement and funding in '07. Ken mentioned unfunded liabilities, <br /> and Joyce elaborated further on this. Bob Hutchinson asked if the pension <br /> number was tied to the amortization schedule and Joyce indicated that it is. The <br /> Two Hundred Fifty Thousand($2.50,000.00) Dollars referenced by Joyce in her <br /> discussion, was confirmed to be a new account to help fund casts associated with <br /> retirees health insurance. <br /> Joyce Mason noted that they are moving towards a three year projection with <br /> regard to the budget. Bill Johnson and Bob Hutchinson agreed to the need for <br /> such a projection. Bob noted that there is proposed -10% increases, without a <br /> contract in place. Chuck Gasior inquired as to what the Finance Committee's role <br /> would be, and Bob stated his view was that their role would be responding to the <br /> Selectmen and Manager. <br /> Chuck Gasior asked if there was anything further on the warrant item with. <br /> Them was discussion amongst Joke, Chris and Chuck concerning the item. <br /> Chris and Chuck Moth agreed that they wanted to be prepared to discuss this <br /> natter. <br /> Bill Johnson noted that the accrued asset value is not a number that stays the <br /> same. Bill would expect it to grow, or become less because of the investment <br /> guidelines and policies associated with that. It was confirmed by Chris Avis that <br />
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