Minutes
Meeting Date: June 26, 2007
Meeting Place: Hapgood Room- Old Library
Members Present: Steve Colwell, Maria Crowley-Sobalvarro Terry Mead, George McKenna,
Debbie Ricci (Chair), Cindy Russo (Vice Chair)
Others: Tim Bragan,(Town Administrator), Lorraine Leonard,(Finance Director)
Meeting Time: 7:35 pm
Adjournment Time: 9:35 pm
Discussions and Actions
· Minutes of FinCom meetings of May 22 and June 12 reviewed, edited and approved
by unanimous vote.
· Margaret Grogan, (Park and Recreation) presented an update on Beach septic system completion. Questions concerning available funds and revolving account for the Park and Rec. accounts were clarified.
· George McKenna and Debbie Ricci volunteered to be FinCom representatives for the FinCom Selection Process Committee. Approved by unanimous vote.
· Lorraine Leonard presented an update on year end accounts FY2007- Copies of the School Budget Report for FY2007 .
· FY07 costs of the new teachers’ contract will be covered with unspent “Devens” money.
· Lorraine Leonard reported on the HES septic system needs. Up to $100,000 may be needed to rectify issues—not currently budgeted—suggested time-line is this summer while schools are not in session. Some FY08 funds may be available. Mr. W. Bruce, engineer, is preparing bids. Selectmen Clarke and Marinelli and School Superintendent, Jefferson will follow-up on this issue.
· Tim Bragan clarified the over-budgeted amount for Town Septic Study with Selectman, Tim Clarke and reported the excess amounts will be taken from the Rantool Trust.
· Steve Colwell reported on the School Committee meeting of June 11, 2007.
· A discussion with Town Moderator, Doc.Westerling on the criteria and qualifications for selection of FinCom members was held . Suggestions of interested citizens can be forwarded to Debbie Ricci.
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