Finance Committee Minutes
Town of Bellingham – Municipal Center
Monday, January 25, 2010
1. FinCom Present: Raymond Szczepan, Henri Masson, Gary Maynard, Roland Lavallee, Joseph Collamati, Carol Dill, Toni Picariello.
2. FinCom Absent: N/A
3. Meeting called to order: 7:15 p.m.
4. RESERVE FUND TRANSFERS
Marilyn Mathieu appeared to request a Reserve Fund Transfer in the amount of $30,000 for the Unemployment Insurance Account. This is to pay the unemployment claims for December 2009. The benefit time has been extended by both the Federal and State governments and most of the 24 people laid-off have not found employment. The cost is $30,000 per month. There is no money in the account.
Raymond Szczepan/Henri Masson motion to transfer $30,000 from the Reserve Fund to the Unemployment Insurance Account. VOTE: 7/0.
EMERGENCY SPENDING FOR SNOW & ICE ACCOUNT
Marilyn Mathieu appeared and informed the Committee that the Snow and Ice account is overspent by $142,000 and only $100,000 was appropriated at Town Meeting.
Raymond Szczepan/Henri Masson motion to authorize emergency spending of the Snow and Ice Budget. VOTE: 7/0
5. GENERAL DISCUSSION
A. Accept the Following Minutes:
September 14, 2009 (Roland Lavallee, Carol Dill)
Raymond Szczepan/Henri Masson motion to accept the September 14, 2009 minutes. VOTE: 5/0/2 (Roland Lavallee and Carol Dill abstained because they were not at the meeting).
November 23, 2009 (Raymond Szczepan, Carol Dill)
Joseph Collamati/Henri Masson motion to accept the November 23, 2009 minutes. VOTE: 5/0/2 (Raymond Szczepan and Carol Dill abstained because they were not at the meeting).
B. Annual Report due to Board of Selectmen in January, 2010. This is a reminder for Gary Maynard for the FinCom and Roland Lavallee for the CIC annual reports.
C. Appointments of CIC members - all expire 4/2010.
Raymond Szczepan/Carol Dill motion to recommend Roland Lavallee, Joseph Collamati and Toni Picariello as the FinCom members on the Capital Improvement Committee. VOTE: 7/0
D. Gary Maynard and Henri Masson's terms expire at ATM 2010. Gary Maynard and Henri Masson expressed their desire to be reappointed to the FinCom. Toni Picariello will notify Linda Cartier, Town Moderator.
Adjourned: Raymond Szczepan/Roland Lavallee motion to adjourn. VOTE: 7/0. 8:10 p.m.
(Accepted April 5, 2010)
| 
