06/22/1993 FINANCE COMMITTEE Minutes

Home Browse Search

MASHPEE FINANCE COMMITTEE MEETING MINUTES JUNE 22 , 1993 MEETING COMMENCED AT 7:OOPM Members Present: Dan Goggin, Chairman; Deirdre Greelish and Roger Dunivan. Tony Gallo, Denise Sullivan and John Ferriday were unable to attend. Please note that the taping of this meeting was for the transcription of the minutes only. The tapes will be reused once the minutes are approved. The Finance Committee members discussed the request made by Jim Vaccaro at the last meeting. It was decided that Dan Goggin would find out exactly what was needed by the Selectmen before the Finance Committee voted on a sum to be transferred from the Reserve Fund. Mr. Goggin also mentioned that Mr. Vaccaro had not given the committee a request form. Mr. Goggin stated that the revenues still seemed fine, as well as the expenses. A copy of a Revenue Statement dated May 31, 1993 was issued at the meeting. Ms. Greelish mentioned that Anne Shaw could not give her .any information at all regarding receivables.. Mr. Goggin mentioned that the Annual October meeting will be held on October 4 , 1993 . All Articles are due to the Selectmen by August 9, 1993 at 4 : 30PM. The Finance Committee discussed what they would be recommending to the Board of Selectmen prior to August 9th. The committee recommends that the Falmouth tuition be placed into the Stabilization Account. The excess Betterments be placed into the Stabilization Account also and that a Capital Replacement Account be instituted. Mr. Goggin stated that he would discuss Ms. Shaw's objections to placing the excess money into Stabilization. Mr. Dunivan also felt that it was still a good idea to put 1% of the levy aside. He felt that we recommend that it be done now, three months prior. The Committee decided that the next meeting will be held on Tuesday, July 27, 1993 at 7:OOPM. Mr. Goggin requested that the Committee's secretary send a memo to the members that were not present asking for their input to the three recommendations made above. Ms. Greelish stated that she would speak to Mr. Whritenour regarding tracking of the maintenance of the town vehicles. She suggested that it might be helpful if each department head send some information regarding their vehicles.