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4/24/2008 FINANCE COMMITTEE Minutes
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4/24/2008 FINANCE COMMITTEE Minutes
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Mashpee_Meeting Documents
Board
FINANCE COMMITTEE
Meeting Document Type
Minutes
Meeting Date
04/24/2008
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Manager and Administrator to transfer up to Five Thousand Dollars $ ,000.00 and 00/100 <br /> (with approval of FinCom.and Board of Selectnnen)within the last month of the fiscal year. <br /> Oskar Klenert commented on wastewater n ian.agement, and the time frame of this large <br /> project. Costs cannot be pinpointed due to the number of yes that it will take to complete. <br /> Goal preparations need to be discussed, and the Finance Committee should be aware of the <br /> potential cost at this time,which may be pro-active. The High School treatment plant is <br /> under-used, and should be open for debate and consideration. Vice Chairman Gaior and <br /> Chris Avis discussed unfunded liabilities,as well as reserve funds and CPA funds, Wayne <br /> Taylor commented on a percentage of historic funds that are set aside, which is not allowed <br /> to be changed at this time. In the year 2014,this can be changed. Joyce Mason stated that <br /> stabilization accounts may be an option. Cha firman Johnson commented that there are no <br /> Federal funds for wastewater management,but there are funds, in the form of loans,from the <br /> Mate. Chairman Johnson also commented about other states,and their addition of a"Bush <br /> tax". The burden has shifted to the taxpayer. <br /> VU. Motion to A4joum: Chairman Bill Johnson moved to adjourn. Bob Hutchinson <br /> seconded. All were in favor. The meeting was adjourned at 8:11 p.m. <br /> Next Meeting: May 5,2008,at :oo .m., at Mashpee High School. Town Meeting 'is at <br /> 7: o p.m. <br /> Respec submitte <br /> Pt . Lane <br /> ina ce Committ a Secretary <br /> 3 <br />
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