Skip Navigation
This table is used for column layout.
 
March 2, 2011
Finance & Advisory Board Meeting
Georgetown, MA
March 2, 2011
Minutes

The meeting came to order at 7:06 P.M. with the following persons present:
Members:        Sandy Gerraughty – chair, Andrew Belliveau – vice chair, Robin O’Malley – clerk, John Bonazoli, Chuck Dickson, Jim Lacey, Reggie Tardif
Absent:         Lisa Collin
Guests:         Phil Trapani and Gary Fowler – BOS, Chief Mulligan and Lt Cudmore – Police Dept., Glenn Smith, Reidar Bomenger and James Veira – Water, Ruth Eifert, Chris Laut, Mary Saunders and Ron Chorzewski – Library, Mike Farrell – Town Administrator, Jim Dimento – Park and Rec, Joe Knapp and Ed Desjardins – Historical Commission
Minutes taken by Robin O’Malley
Reserve Fund:
  • Balance as of 1/31/11 $90,651
  • Jim Lacey made a motion to transfer $5,515 from the reserve fund to Public Safety Building Maintenance, line #12132, for fire dept issued code violation of system upon inspection.  Reg Tardif seconded.  Motion carries 7-0.
  • Jim Lacey made a motion to transfer $3,319.04 from the reserve fund to Police Operating Expense, line #12118, for transmission failure in primary patrol cruiser (2007).  Reg Tardif seconded.  Motion carries 7-0.
Water Dept:
  • Glenn presented and explained the water department budget.
  • The union raise is presently budgeted at 6.8%.  Sandy said she would like to see a hard-line stance taken on increases.
Library:
  • Ruth explained the library budget.
  • State certification budget is $290,793.  This is what the state mandates that we spend to stay certified.
Park and Recreation:
  • Jim explained the park and rec budget
Historical Commission:
  • Ed and Joe explained what the Historical Commission does.
  • Sandy suggested a warrant article for landscape issues
Energy Update:
  • The audit is 80% complete
  • The audit is made up of 3 parts: Water, school and town buildings
  • The RFQ’s are ready to send out
  • Idea is to float a $5 million, 15 year period with 3 ½ to 3 ¾ % interest
  • BOS is meeting on 3/14 to vote on if putting on the warrant
  • Jim Lacey made a motion to recommend the placement of a holder on the warrant for the Energy project.  Reg Tardif seconded.  Motion carries 7-0
Other:
  • Phil spoke on this Saturday’s, 3/5, budget workshop to be held at the high school.
  • Mike informed us that free cash is $847,000.  Snow/ice for highway dept only is over budget $221,000.  The roof snow removal is estimated at $100,000.  The roof collapse is covered with insurance.  Hydrant snow removal is unsure if that is part of snow/ice removal.
  • School Building Committee: the OPM interviews are this week.  Since John cannot make it, Jim will be there to represent the FinCom.
  • CIP is meeting on Wed, 3/9, at 6:00 and again on 3/23.
Jim Lacey made a motion to adjourn.  The motion was seconded by Reg Tardif and passed with a vote of 7-0.  Meeting adjourned at 9:15 p.m.

Next Meeting: Wednesday, March 9, 7:00 pm 2nd floor of town hall.