05/23/1989 FINANCE COMMITTEE Minutes

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*.o OWN QFMyy tel: Y� r� y` = C �' .''••` P. O. BOX 1108 9R�STABLE_co, � MASHPEE. MA 02649 F-MANCE COMMITTEE MINUTES Town Hall May 23, 1989 Present: Ed Dolan, John Ferriday, Tony Gallo, Carl Heller and Jim Vaccaro The Finance Committee meeting commenced at 7 p.m. It was noted that there was $234,131.07 in the Reserve Fund as of 5/12/89. There were several Requests for Transfer for .the Committee to review. The Committee also discussed the possible need of the Shellfish Warden to request $2,000 from the Reserve Fund for a boat. The Committee will discuss this further at the next meeting when more information will be available. The first Request for Transfer was from the Harbormaster and the amount requested was $3,863.85 to be transferred to the Harbormaster's Expense Account. The money is to be used to purchase five portable radios. The Finance Committee had previously discussed this with the Harbormaster. John Ferriday moved that the Committee approve the $3,863.85, Vaccaro seconded and there was a unanimous vote of approval by all present. The second, Request for Transfer was for $3,995.00 to be transferred to the Police Expense Account. These funds were requested for a new breath machine. The old machine is to be taken in trade. The normal retail value of the unit is $5,500 and $2,000 has been offered in trade. The present machine is outdated and repairs are expensive due to lack of replacement parts. Tony Gallo moved that this request be approved, seconded by Carl Heller and there was a unanimous vote of approval of all present. The third Request for Transfer considered by the Committee was submitted by the Executive Secretary. This request seeks $5,500 for the Medicare Account. The present balance in this account is $458.93. These funds are needed to cover the cost of medicare for the remaining 10 weeks of this fiscal year. This money is needed because of the number of new employees eligible for medicare that were not budgeted for, Carl Heller moved that the request be approved, seconded by John Ferriday. There was a unanimous vote of approval by all present. The fourth and final Request for Transfer to be reviewed was submitted by the DPW requesting $7,500 for the DPW Expense Account. The DPW Director stated in the request that the money was needed for unforeseen repairs to the Terex Front--End Loader, the D-7 Bulldozer, the 1981 GMC Dump Truck and the 10 wheel Mack Dump. fie further noted that the repairs will include clutches, press plates, bearings , PTO work, engine work, hydraulic system work, brake work, drive train work and cooling system work. Carl Ileller moved .that the Committee approve, Tony Gallo seconded, and there was a unanimous vote of approval by all present.