04/22/1992 FINANCE COMMITTEE Minutes

Home Browse Search

MASHPEE FINANCE COMMITTEE MEETING MINUTES APRIL 22, 1992 MEETING COMMENCED AT 7:00 P.M. Members Present: Deidre Greelish, Vice Chairperson; Dan Goggin and Denise Sullivan Members Absent: Tony Gallo, Chairman; Ed Baker, John Ferriday and Al Polsi Greg Taylor, Director, Department of Public Works, was present at the meeting to discuss the department's Articles for the semi- annual and special town meetings. He felt that the Finance Committee needed more information regarding certain Articles and wanted to clarify any uncertainties. First the committee discussed Article 17, semi-annual town warrant, requesting a five ton dump truck with a snow plow and sander. Mr. Taylor explained that the last dump truck the town bought was in 1989 and the town paid $50 ,000+. A prospective dealer felt that the town could purchase a truck now for under $60,000. The town only has one five ton dump truck presently. There was not an exact amount for the purchase of the truck and there were not enough members to vote. Secondly, the committee discussed Article 18, annual town warrant, which requested borrowing money for Chapter 90 road work. The Finance Committee approved, but still could not vote because of lack of members present. There were only three. He explained that the law as written by the state previously allowed for 1000 reimbursement for town roads as the project was being done. Now the law states that the town can only be reimbursed for town road work after the job is complete. This Article requests the financing to fund and complete the jobs. The town will not borrow money if the interest is not there, which is approximately $20,000 to $30,000. Diane Rommelmeyer, Town Accountant, was also present at the meeting and explained that presently Anne Shaw has $100,000 in her temporary interest account. Dan Goggin stated that the $100,000 for short term borrowing in the account is probably not for Greg Taylor's work. He also stated that if there is a shortage, there are various ways to make it up. This year the town is using the Unemployment Insurance overage to make it up. Deidre Greelish mentioned that she had no doubt that the $35,000 would be found by October. Thirdly, the committee discussed Article 18, Special Town Meeting. Ms. Rommelmeyer explained that this Article requests that the voters approve to have a self supporting fund for the Department of