12/15/1993 FINANCE COMMITTEE Minutes

Home Browse Search

(Tr°- a MASHPEE FINANCE COMMITTEE MEETING MINUTES DECEMBER 15, 1993 MEETING COMMENCED AT 7:OOPM Members Present: Dan Goggin, Chairman; Deirdre Greelish; Denise Sullivan and Marcia King. Please note for the record that the taping of this meeting was for the transcription of the Minutes only, and will be reused once the Minutes are approved. Denise Sullivan MOTIONED to accept the Minutes of November 30, 1993 and also December 7 , 1993 as written. Marcia King seconded the Motion and members voted unanimously to accept both sets of Minutes as written. Al Polsi, Taxpayers Association, was present at the meeting to discuss the changes that the Finance Committee made to the Ten Year Projected Master Financial Plan. Deirdre Greelish had obtained the disc which contained this Plan from Ed Baker. She then changed the format and added and deleted certain information for the Finance Committee. She mentioned that under the Debt section, she would like to break it down into three sections, inside, outside 2 1/2 and temporary borrowing. She also explained that the number under the section of K-12 under school contains the number of pupils also attending Cape Cod Tech. She mentioned that she would like to break this section down into three sections also, K-8, Falmouth High School and Cape Cod Tech. Mr. Polsi asked if the Committee agreed to stay with the amount of $5, 000 per pupil? Mr. Polsi stated that he was not sure that he was comfortable with that number. He thought that it should possibly be $5,100 per student. He is currently waiting to receive a report from Bob Whritenour, Executive Secretary, that will make it easier to come up with a number. Medical benefits needed to be considered, etc. Mr. Goggin stated that what the Committee is trying to do is develop a five year plan for the townspeople to adopt. The State separates out fixed costs. Three changes that the Finance Committee wants to change is 1. the Education Reform calculation, be one calculation for fixed costs and debt service; 2. take fixed costs and get them back into the Departments where they should be; and 3 . line up the columns like the Department of Revenue does. ti Have each heading show fixed costs. Dan Goggin stated that he' '.". would talk to Mr. Whritenour about this. Mr. Goggin asked Mr. Polsi how he got that particular number of students? Mr. Polsi answered from the Town Planner, Tom Fudala. 1.,165 is the newest number under Education on the Plan. Cape Cod Tech is not included in the dollar amount. Ms. Greelish again suggested having three separate lines for the three schools. Mr. Goggin requested that there be a separate line for Stabilization and one line for Education.