Franklin Finance Committee Minutes
November 4, 2008
Council Chambers
Present:
Pat Goldsmith (PG), Craig Maire (CM), Jim Roche (JR), Phyllis Messere (PM),
Jack Caulfield (JC), Mark Cataldo (MC), Robert Teixeira (RT), Brett Feldman (BF),
Tina Powderly (TP), Rebecca Cameron (RC)
Juan Rivera (JRIV) arrived at 7:05PM
Jim Dacey (Treasurer), Jeff Nutting (Administrator), Susan Gagner (Comptroller)
Absent:
None
Agenda
Item# Motion/2nd Discussion, motion, Agenda Item Vote
Call to order. Noting a quorum present,
Jim Roche called the meeting to order
at 7:00PM.
No citizen comments
MC/JR Approve minutes of October 7th meeting. 6-0-0
BF/MC Motion to approve the transfer of $300,000 10-0-0
from Free Cash to School Department
operating budget – Medicare – these funds
are reimbursed from the federal government
for Medicare related school costs
Juan Rivera had not yet arrived for this vote.
BF/MC Motion to approve the transfer of $25,000 from 11-0-0
Free Cash to raise and appropriate additional funds
to the veterans assistance account, spending at a
rate of $30,000 per quarter.
Juan Rivera is now voting.
BF/MC Motion to approve the transfer of $100,000 from 11-0-0
Free Cash to raise and appropriate additional funds
to the DPW Fuel Acct 01443200-541010 to cover
additional fuel costs per bid results.
BF/MC Motion to approve the transfer of $100,000 from 11-0-0
Free Cash to raise and appropriate additional funds
To cover additional costs per salt and sand bid results.
BF/MC Motion to raise and appropriate funds in the amount 11-0-0
of $100,600 from sewer 2009 revenues to cover
additional costs for bonding for Charles River Water
Pollution Control District.
BF/MC Motion to raise and appropriate funds in the amount 11-0-0
of $300,000 from FY 2009 hotel/motel tax revenues
to be places in the Stabilization Fund.
BF/MC Motion to transfer $600,000 from Free Cash for snow 11-0-0
and ice reserve.
BF/MC Motion to transfer funds of $57,578 voted in the 11-0-0
Municipal Operating budget to the School operating
Budget for Data base Administrator position in FY 2009
funds to come from General Stabilization fund
funds from: 01155100-511520 IT salaries 52,000
01910200-517150 Health Ins. 4,824
01910200-517170 Medicare 754
BF/MC Motion to transfer $1,600,000 from Water Enterprise 11-0-0
Fund Retained Earnings to the Water Capital Project
Fund for infrastructure, engineering, capital equipment
and related costs.
BF/MC Motion to transfer $1,600,000 from Sewer Enterprise 11-0-0
Fund Retained Earnings to the Sewer Capital Project
Fund for infrastructure, engineering, capital equipment
and related costs.
Adjournment: Meeting adjourned at 8:30PM
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