Finance Committee, February 22, 2018

                              Minutes Holden Finance Committee, February 22, 2018, HMLD

Members Present: Dave White, Paul Challenger, Al Berg, Karl Makela, John Lambert, Chris Lucchessi, Dan Graves, Marilynn Foley

Member Absent: Joe Dolak

Also Present: Town Manager Peter Lukes,  Asst. Town Manager  Stephanie Bacon, Selectmen Jeremy Kurtz, Tim Ethier, Superintendent WRSD, Daryll McCall, Bob Berlo, Deputy Superintendent, Joe Scanlon, Director of Business and Finance, Jeff Carlson, Director of Human Resource, Kim Merrick, Administrator of Special Ed.

The meeting was called to order at 7:03.

The Committee welcomed the Superintendent and his staff for the WRSD FY 19 Budget presentation.  The Budget presented has an increase of $3,831,072.00 or 4.24% over FY 18.  Funding sources are State Aid, Member Town Assessments and Local Revenues. Holden’s assessment  has increased by 7.25% over last year or $1,900,000.00. Increases include more staff, staff incentives, technology, chrome books, transportation, retirement benefits and utilities.  Three capital projects are proposed: Mayo School, energy management, athletic fields at WRHS and the driveway at Jefferson school Superintendent offices’.  The Superintendent and his staff answered questions from the Committee.

The Committee asked the Superintendent to look for areas of reduction, because of the continued unsustainability of the yearly increases in the WRSD Budget.

The meeting adjourned at   8:50.

Respectfully Submitted,

Marilynn Foley, Clerk