04/02/1991 FINANCE COMMITTEE Minutes

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Finance Committee Minutes April 2, 1991 Page 5. Article 8 - Article 8 is for the Septage Treatment facility and 9 is for engineering Article 9 services associated with the groundwater contamination in the Summerwood/Ashers Path area. The Committee has recommended both these articles to be funded through bond anticipation notes with a first year projected cost of $1,000. Article 10 - The Finance Committee recommends the transfer of money remaining from the appropriation for Article 10 of the May 1988 Annual for the purpose of continuing environmental monitoring of the Summerwood/Ashers Path area. Article 12 - The Finance Committee recommends the Cape Tech tuition of $229,721. Article 14 -- This Article is for $50,000 for the triennial revaluation and the Committee recommends. Article 15 - This Article is for the upgrade of the Assistant Assessor position and is not recommended by the Committee. i Article 16 - The Committee recommends this Article for the Data Collector position. Article 17 - The Committee recommends this Article contingent on the PAP raise. This Article is to make the Town Clerk's salary commensurate with other town employees. Article 18 - This Article is for the CLAMS Network and the Committee will recommend only if the funds are available. Article 19 - These are code changes and they do cost the town money however Article 20 the cost is not included in the articles. Article 22 The Committee will recommend at Town Meeting. The Finance Committee reviewed the Special Town Meeting Warrant and made the following recommendations. Article 1 - Is to transfer funds in the amount of $45,112.35 to the Interest on Temporary Borrowing Inside 2 AAccount. Carl motioned the Committee recommend and Deirdre seconded. There was unanimous agreement. Article 2 - Deirdre motioned that a sum of money (estimated to be $125,000) be transferred from the FY91 School Budget account to the Falmouth Tuition account to' cover the outstanding tuition deficit. John seconded and all members were in agreement. Article 3 - This Article is for the Medical Insurance Account and the cost is approximately $65^a Carole recommended the transfer from Free Cash to cover the aeficit in the Medical Insurance Account. Deirdre seconded and all voted in favor. Article 4 - This Article is to take money from Free Cash to pay for the deficit in the Temporary Interst Account and to the Interest on Refunds Account. The cost is $162,000. Carole motioned for recommendatin and Carl seconded. All members voted in favor.