03/10/1987 FINANCE COMMITTEE Minutes

Home Browse Search

i Finance Committee Minutes March 10 , 1987 Page 2 . Article #5 seeks town approval to transfer $3 , 000 to the Expense Account of the Board of Water Commissioners . This would be for tools and supplies , equipment and to Falmouth for fire hydrants . This money would come from three different sources : Town Planner clerical salary expense - $2 , 300 ; Conservation Officer salary account , $300 ; and Park & Recreation Director and Assistant salary account , $400 . Finance Committee voted and approved Article #5 . Article #6 seeks town approval to transfer $6 , 229 . 08 to the Executive Secretary salary account . This money would be transferred from three sources : Selectmen clerical salary account , $5 ,450. 68 ; town hall maintenance salary account , $433 . 78 ; and Revenue Sharing account , $344 . 62 . Article #6 was approved by the Finance Committee . Article #8 requires no funds . It seeks town approval to exchange a parcel of land containing approximately 40 , 000 square feet for another parcel of land containing 40 , 000 square feet . Karl F . and Dolores G . Mills had their home built on town land in error next to their lot . This would be an even exchange and would afford the Mills some piece-of-mind . The Finance Committee members approved Article #8 . Article #9 seeks to transfer $20 , 500 to the Interest on Temporary Loans Account . The money would come From three sources : $17 , 279 . 04 from Revenue Sharing ; $1 , 220 . 96 from the Health Agent and Assistant Salary Account ; and $2 , 000 from the DPW Garage Bond Issue Principal Account . Finance Committee voted and approved Article #9 . Article #10 seeks town approval to appropriate and transfer $10 , 000 to the Assessor ' s Expense Account . The Finance Committee members and the Selectmen discussed the funding of this Article . It was agreed that if this Article were funded totally from the Council on Aging Director ' s Salary Accountthere would be no funds in that account and they could not fill the position . It was noted that the job description for the Director ' s position was not yet complete and it was believed that the position would not be filled till the earliest possible date of ..Tune 1 . It was agreed by the Finance Committee that the funds would come from the Council on Aging Director ' s Salary Account and that the position would be filled on July 1 , 1987 . Finance Committee members voted and approved Article #10 . Article #11 is seeking town approval to borrow $8 , 700 for engineering and arch.itectoral services , for the new elementary school. . S478 cash is needed for this Article . Finance Committee members voted approval of Article # 11 .