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1/23/2007 FINANCE COMMITTEE Minutes
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1/23/2007 FINANCE COMMITTEE Minutes
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Mashpee_Meeting Documents
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FINANCE COMMITTEE
Meeting Document Type
Minutes
Meeting Date
01/23/2007
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Bob Hutchinson commented on the need to put up additional funding for unfunded <br /> liabilities and health insurance, which is currently estimated at One Hundred <br /> Twenty Five Thousand($125,000.00)Dollars. Bob feels it should be Two Hundred <br /> Thousand($200,000.00) Dollars. <br /> i11 Johnson asked about a three year projection and bene' Read stated that <br /> there is no word yet, but possi*bly an accurate two 2 year projection. Bill <br /> suggested looking at the major line items, such as anything over Fifty Thousand <br /> (S5 1000.00 Dollars and o0/100, or decide upon a cut off. <br /> Chuck Gior pointed out that some of the big cost items are pensions, medical, and <br /> cleft service. <br /> Ken Patrick also noted that there is Thirty Five Million Fl*ve Hundred Seventy Four <br /> Thousand($35,5+74,000.00)and o /loo in debt. There was a brief discussion <br /> between Iden Patrick and Rene' Read regarding the fire substation amount of Four <br /> Hundred Eleven Thousand($411,000.00Dollars and oo 100, which Rene' Read <br /> believed had changed. Bob Hutchinson consented that this amount was quite <br /> high. <br /> Requests for Transfers: None. <br /> III, old Business: None. <br /> Iv, New Business: lone. <br /> V. FinCom Liaison Updates outside of'07 udet: Chris Avis <br /> suggested that each individual lia <br />
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