TOWN OF HARVARD
FINANCE COMMITTEE
Minutes
Meeting Date: Sept. 4, 2007
Meeting Place: Town Hall
Members Present: Steve Colwell, Marie Crowley-Sobalvarro, Terry Mead, George McKenna,
Debbie Ricci (Chair), Cindy Russo
Others: Tim Bragan, Town Administrator,
Meeting Time: 6: 30 pm
Adjournment Time: 935 pm
Discussions and Actions
George McKenna and Terry Mead have been reappointed and sworn in for another term on FinCom.
Discussion on the possible amount for the override to cover Union contracts. Tim Bragan explained the breakdown of and the impact of the proposed contracts of town employees and the need for an estimated $231.000 as an Override.. The average tax bill before town meeting was $7,400, after the ATM with the voted $713,500 override the average tax will increased to $8041.84. If an additional Override of $231,000 passes, the average tax bill will be $8166.06-a 10.32% increase over last year’s levy.
Other items on Warrant will include a request for funding for a study and evaluation of the HES pumping station for $25,000, $23,000 has been spent this summer by the School department for work done to the system to bring it into compliance for the opening of the school year. Two other warrants for $364.00 and 2076.00 to cover overspent monies from previous years will be included.
--------------------------------7:05 pm
The FinCom members joined the BOS and School Committee for a Tri-board meeting to discuss the impact of the proposed contracts and Override issues.
--------------------------------8:50 pm George McKenna left meeting--------9:00 pm
FinCom reconvened. Tim Bragan is not present, Lorraine Leonard has joined the meeting.
Discussion followed on the need and format of an information packet to be sent in a town mailing, including Devens, which will include the history and need of the proposed budget changes since ATM, the impact to the Union contracts, budget and the tax rate if an override passes and the impact if the override does not pass.
A motion was made and seconded to use Stabilization Fund for the one-time expense of the Insurance off-sets for the non-union employees.
------------------------- 9:15 Marie Crowley-Sobalvarro left meeting
The above motion passed with a 4-0-0 vote.
Meeting dates were discussed.
Tri-board meeting has been called for 7:00 pm on Tuesday, Sept 11, 2007
FinCom will meet at Town Hall at 7:30 on Tuesday Sept 11, 2007
Other FinCom meetings for Sept 13, Sept 15, Sept 18 and Sept 20 will be posted
to prepare the Information packet and make preparations for the Special Town
meeting.
FinCom will not meet on Thursday, Sept 6.
Meeting adjourned at 9:35pm
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