3/10/2011 FINANCE COMMITTEE Minutes

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4 Town of M + 16 Great Neck Road X DLe Ma h ee, Massachusetts 02649 FINANCE COMMITTEE — PUBLIC SESSION Thursday, March 10, 2011 Town Hall — conference Room 1 h Minutes of the Meeting of Thursday, March 10, 2011 Committee Members Present: ' Also Present: Oskar Klenert, Chairman Joyce Mason, Town Manager Charles Gasior, Vice Chairman Theresa Cook, Bs Liaison George Schmidt, Clerk Christopher Avis Robert Chalker Mark Davini William .Johnson Chairman Oskar Klenert called the meeting to order at 6:30 PM. OPENING STATEMENT—Oskar Klenert "One of the great pdvileges of a democratic society is that all members of the public can participate in raking decisions which affect the life of individuals, community, state and federal government. One of the avenues by which each person can become part of this process is to volunteer and thereby provide invaluable service to the town government and the community. The busiest time within a calendar year for elected town officials is the preparation of the yearly operating budget. Much time arra work goes into the planning of an operating budget and, also of equal importance, the accounting of funds needed to meet the budget requirements. Elected officials as well as the town manager and department heads work behind the scenes to ensure that the services provided by town hall for all residents, young and old alike, is being met. The members of the Finance Committee are appointed by the town moderator in accordance with the town charter, our own constitution by which vire conduct the business of the town. Our responsibility is to review and advise the officials of the torn government, but more importantly it is the responsibility of the Finance Committee to advise the voter and taxpayer in regards to financial ratters which impact the local tax rate. Mr. Charles Gasior, Vice Chairman of the Finance Committee, has for several years taken on the responsibility of assisting in the. establishment of the real estate tax rate. His expertise and voluntary service to the Torn of Mash i s rnuch appreciated,-and vire, the members of the Finance Committee, thank him for his contributions. APPROVAL of MINUTES of 2/24111 . George Schmidt made a'motion that the minutes from the Finance Committee meeting of 2/24/11 be approved as,presented. Mark Davini seconded the motion. Christopher Avis and Charles Gasior abstained from the vote. The motion was approved. CORRESPONDENCE No correspondence.