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14 <br /> Finance Committee <br /> Minutes <br /> February 20, 2020 <br /> APPOINTMENTS & HEARINGS <br /> Review and Action on Fiscal Year 2021 Budget: (continued) <br /> Principal Inside 2 %2 - $1,250,142: <br /> Principal Outside 2 1/2 - $810,000: <br /> Temp Principal Outside 2 I/2 - 0%: <br /> Motion made by Mr. Pettengill to approve and recommend the Principal Inside 2 1/2 <br /> budget, the Principal Outside 2 1/2 budget and the Temporary Principal Outside 2 1/2 <br /> budget. <br /> Motion seconded by Mr. McCahill. <br /> VOTE: Unanimous. 6-0. <br /> Roll Call Vote: <br /> Mr. Richardson,yes Mr. Pettengill,yes Mr. McKelvey,yes <br /> Mr. McCahill,yes Mrs. Furbush,yes Mr. Miller,yes <br /> Opposed, none <br /> Interest Inside 2 1/2 - $251,688: <br /> Interest Outside 2 I/2 - $289,375: <br /> Motion made by Mr. Pettengill to approve and recommend the Interest Inside 2 1/2 budget, <br /> and the Interest Outside 2 1/2 budget. <br /> Motion seconded by Mrs. Furbush. <br /> VOTE: Unanimous. 6-0. <br /> Roll Call Vote: <br /> Mr. Richardson,yes Mr. Pettengill,yes Mr. McKelvey,yes <br /> Mr. McCahill,yes Mrs. Furbush,yes Mr. Miller,yes <br /> Opposed, none <br /> Temp Borrowing Inside 2 1/2 - $40,000: <br /> Temp Borrowing Outside 2 I/2 - $0: <br /> Motion made by Mr. Pettengill to approve and recommend the Temporary Borrowing <br /> Inside 2 1/2 budget, and the Temporary Borrowing Outside 21/2 budget. <br /> Motion seconded by Mr. McKelvey. <br /> VOTE: Unanimous. 6-0. <br /> Roll Call Vote: <br /> Mr. Richardson,yes Mr. Pettengill,yes Mr. McKelvey,yes <br /> Mr. McCahill,yes Mrs. Furbush,yes Mr. Miller,yes <br /> Opposed, none <br />