07/18/2005 SELECT BOARD Minutes - Laserfiche WebLink

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-4 Board of Selectmen Minutes July 18, 2005 APPOINTMENTS AND HEARINGS: Assessor—Real Estate/Personal Property Tax Bills: (continued) Motion made by Selectman Myers to approve for FV06j the recommendation to eliminate real estate accounts less than or equal to $25.00 for commercial/industrial/residential accounts and property tax bills less than or equal to $25.00 for commercial/industrial and $10.00 for residential/second homes as recommended. Motion seconded by Selectman Cook. VOTE: Unanimous. 3-0. Selectman Cahalan abstained. Finance Director—Operational Reviews: Judith Hunter, Finance Director introduced strategic planning consisting of operational metrics, program/project performance and financials to the Selectmen in a visual presentation entitled Operational Reviews. The purpose of said review will improve management and operations and demonstrate fiscal responsibility. Opportunities would be identified to increase productivity proactively and maximize limited resources. It would also provide an objective appraisal that would ensure an effective, efficient town government operation. Communication was deemed a key to demonstrate fiscal responsibility to the Town through Town Meetings,newspaper articles,web cast and through the "voice"of the Town Manager and Department Heads. Teams in both the School and Town would work closely to combine their knowledge and expertise to define strengths, identify problems and j recommend solutions. The Finance Director also presented expense flash and visual pie charts that easily identify the operational review of the Town per department. In the financial reporting and analysis, departmental budgets can be reviewed on a monthly, quarterly and yearly basis. Previous and upcoming years will be contained in future financial reviews.