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18 <br /> Finance Committee <br /> Minutes <br /> February 20, 2020 <br /> APPOINTMENTS & HEARINGS <br /> Analysis of Budget and Content of Finance Committee Report: (continued) <br /> The format of the report is being modified for ease of review and understanding. The narrative <br /> of the report and Chairman's Letter is also considered for alteration with non-colored graphics <br /> proposed for insertion into the document on various pages. <br /> In considering various aspects to improve upon the presentation of the Finance Committee <br /> Report, a new quote may be used on the cover. As previously determined the Report of the <br /> Finance Committee would also contain the wording;And Articles of the Warrant including <br /> Recommendations of the Finance Committee. <br /> As the discussion regarding graphics continued, it was determined that additional illustrations for <br /> the report should include the Revenue Schedule. This type of visual would portray the <br /> importance of fee increases, and of equal significance earned income. As an action item for the <br /> next meeting,the Town Manager would be requested to provide a summary of the revenue <br /> stream. <br /> It was also suggested the Finance Committee review the mandates of the Town Charter to ensure <br /> the Finance Committee is compliant in its duties required for the preparation of the Finance <br /> Committee Report. <br /> Town Manager Rodney C. Collins will be requested to attend the next meeting to review the <br /> operational budget HOLD items and to discuss revenue,both historical and planned data. <br /> COMMUNICATIONS & CORRESPONDENCE <br /> Finance Committee Resignation: <br /> There is an indication that Finance Committee member Chuck Gasior may be resigning from his <br /> position as a member of the Finance Committee. After a brief discussion it was agreed that Mr. <br /> Gasior would remain as a member of the Finance Committee until such resignation is received in <br /> writing. <br /> NEXT MEETING <br /> Thursday, February 27, 2020—6:00 p.m. Popponesset Meeting Room <br />