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Board of Selectmen <br /> Minutes <br /> March 8, 2004 <br /> OLD BUSINESS: <br /> Budszet l iseussion: <br /> The{Town Administrator and Town Accountant presented an updated <br /> budget and revenue analysis to the Selectmen which reflected all <br /> information and documentation requested at the last budget meeting. <br /> Expenditures for each department through February 27, 2004 were <br /> identified in response to questions raised by the Selectmen at their meeting <br /> ofl arch 1, 2004. <br /> An in-depth discussion followed with respect to the Selectmen's decision <br /> to freeze as of March 1, 2 4; expenditures associated to professional <br /> development& training and seminars. It was agreed that the freeze on the <br /> line items would be released, and all funds related to this expenditure <br /> would be contained in the Selectmen's budget. For improved control <br /> purposes,the Town Administrator will authorize future expenditures <br /> relative to professional development & training and seminars. <br /> The Selectmen reviewed each line item previously placed on hold as <br /> follows; <br /> Legal/Engineering/Consulting: <br /> Legal Services: 17N0 <br /> Motion made by Selectman Marsters to release the hold on Legal <br /> Services to reflect the level funded appropriation of$170,000. <br /> Motion seconded by Selectman Cahalane. <br /> VOTE: Unanimous. -o. <br /> Finance Committee: <br /> Reserve Fund: 1 00PO <br /> Motion made by Selectman Marsters to release the hold on the <br /> Reserve Fund of the Finance Committee to reflect the level funded <br /> appropriation of$100,000. <br /> Motion seconded by Selectman Cahalane. <br /> VOTE: Unanimous. -00 <br />