Finance Committee, March 28, 2018

Meeting date: 
Wednesday, March 28, 2018

                                     Minutes Holden Finance Committee, March 28, 2018, HMLD

Members Present: Dave White, Paul Challenger, Al Berg, Joe Dolak, Karl Makela, John Lambert, Chris Lucchesi,  Don Graves, Marilynn Foley

Also present: Asst. Town manager Stephanie Bacon, Selectman Anthon Renzoni

The meeting was called to order at 7:03.

The Committee began its deliberations and voting on the F/Y 19 Budget, beginning with the Open Space Acquisition, Stabilization Funds, Capital Budget and OPEB.

Open Space was discussed as to the reasons for this account. A motion By Karl 2nd by Chris to put $50,000.00 into the Open Space as recommended was voted in favor 5-3 (opposed Paul, Al, John).

Discussion was held on the General Stabilization Fund. A motion by Paul 2nd by Joe to revisit this account once other budget items have been voted on was voted unanimously.

The Committee discussed OPEB. There is $8,000.00 in the Treasurer’s Budget for a study in F/Y19. A motion by  Paul 2nd by John to fund OPEB Trust Fund $551,693.00 was voted in favor 7-2 (opposed Al, Marilynn).

Discussion of the MRVTHS Budget was tabled until we receive their Assessment Letter. 

Discussion on the WRSD Budget was tabled to a later date.

A motion by Paul 2nd by Marilynn to remove the Trout Brook Pavilion improvement amount of $65,000.00 from Buildings and Grounds in the Capital Budget into the Recreation Revolving Fund was voted unanimously.

 A motion by Chris 2nd by Marilynn to remove replacement truck #49, $27,500.00 from DPW and $27,500.00 from W/S was voted in favor 8-1 (opposed Don).

A motion by Chris 2nd by Joe to remove replacement truck #8 DPW personal vehicle $15,000.00 from DPW and $15,000.00 from W/S was vote 8-1 (opposed Al).

A motion by Joe 2nd by Al to remove the mini excavator from the DPW Capital Budget was voted unanimously.

The Committee discussed the water/electric meter replacement, but need to have more detailed information on the project and also on SCADA.

A motion by Paul 2nd by John to approve the minutes of November 8, 2017 was voted unanimously (abstained Joe).

A motion by Paul 2nd by John to approve the minutes of November 27, 2017 was voted unanimously.

A motion by Chris 2nd by Joe to approve the minutes of January 24, 2018 was voted unanimously (abstained John).

A motion by Chris 2nd by Joe to approve the minutes of February 14, 2018 was voted unanimously (abstained Paul, Al).

A motion by Joe 2nd by John to approve the minutes of February 21, 2018 was voted unanimously (abstained  Joe).

A motion by John 2nd by Chris to approve the minutes of February 22, 2018 was voted unanimously (abstained Joe).

A moton by Joe 2nd by Chris to approve the minutes of February 28, 2018 was voted unanimously.

A motion by Joe 2nd by Chris to approve the minutes of March 8, 2018 was voted unanimously (abstained Dave, Karl, Don).

A motion by Joe 2nd by Karl to approve the minutes of March 14, 2018 was voted unanimously (abstained John).

Al has volunteered to do a spread sheet of Committee votes.

The meeting adjourned at 8:50.

 

Respectfully Submitted,

 

Marilynn Foley, Clerk