11/21/2019 FINANCE COMMITTEE Minutes

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6 Finance Committee Minutes November 21, 2019 Review of Budget Process, Trend Analysis, Turn-Backs & Schedule: Review of FY2021 Department Budget Requests: (continued) Town Manager Rodney C. Collins complimented his Finance Team for their dedication and professionalism as well as their conservativism and transparency in providing accurate budget figures which has placed the Town of Mashpee in an outstanding fiscal condition. Of importance is the maintenance of the AAA bond rating from Standard &Poor's. It was noted the Town of Mashpee has created a Facebook page to use social media as a tool to educate and to inform residents. The Finance Committee requested an updated version of the 10-year Long-term Fiscal Analysis for the Town of Mashpee. In preparation for the Budget Meetings members of the Finance Committee reviewed the Liaison Assignment List. Motion made by Mr. Miller to add the Department of Natural Resources (DNR) to Finance Committee member Gasior's liaison assignment. Motion seconded by Mr. Miller. VOTE: Unanimous. 6-0. Roll Call Vote: Mr. Richardson,yes Mr. Pettengill,yes Mr. McKelvey,yes Mr. McCahill,yes Mr. Miller,yes Mr. Gasior,yes Opposed, none Proposal to Schedule an informative; Pre-Annual Town Meeting to review Articles: It was recommended the Finance Committee schedule a pre-annual Town Meeting for those who have created a petition article to promote increased communication and discussion. In considering this matter it was agreed the Town Cleric would be consulted regarding sponsorship. A special meeting may be more appropriate with a disinterested 3rd party such as the Chamber, Mashpee TV and/or local bank. Proposal to Schedule a non-binding;Non-Voting Tax Payer Annual Meeting: For informational purposes it was recommended a non-binding meeting be held for seasonal residents, non-voting property tax owners to allow for opportunities of response to issues facing the Town of Mashpee. The matter was tabled for additional information.