HOLDEN FINANCE COMMITTEE
MEETING MINUTES
April 14, 2010
Town Hall
Members Present: Jim Dunn, Paul Challenger, Don Mancini, Bob Lavigne @ 7:20, Peter Lacy @ 7:53, Glenn Gaudette @ 8:00, Marilynn Foley
Members Absent: Al Berg, Rick Bates
Also Present: Nancy Galkowski, Town Manager, Selectmen: Dave White @ 7:15, Anthony Renzoni @ 8:00
The meeting was called to order at 7:01.
Nancy reported that the insurance rates were received late on Friday afternoon. Nancy would recommend an increase in line 5175 (Health Insurance) by $25,000.00 for a line total of $1,475,000.00. The revised Insurance Budget total would be $1,780,890.00.
The Committee was updated on the Education Budget Assessments. Holden's WRSD assessment is $20,179,419.00. Holden's Montachusett RVTHS assessment is $478,745.00. Nancy distributed a revised Resource Profile that reflects known budget changes including Insurance and Education leaving a net surplus of $84,750.00.
The Committee continued it's deliberations on the Town Budget.
A motion by Don 2nd by Paul to remove $16,694.00 (new dispatcher position) from the Fire Department Budget was voted unanimously (abstained Peter).
A motion by Marilynn 2nd by Jim accept the Fire Department Budget revised new total of $1,235,519.00 was voted unanimously (abstained Peter).
A motion by Paul 2nd by Don to accept the Insurance Budget revised new total of $1,780,890.00 was voted unanimously.
A motion by Don 2nd by Jim to accept the Growth Management Budget $218,830.00 as printed was voted unanimously.
A motion by Paul 2nd by Glenn to approve the new Public Safety Building Budget as revised and printed on March 31, 2012, $103,000.00 was voted unanimously.
A motion by Paul 2nd by Jim to add $100,000.00 (in addition to the $75,000.00 budgeted) to the Fire Vehicle Stabilization Fund line a revised total of $1,335,519.00 was voted unanimously (abstained Peter).
A motion by Jim 2nd by Glenn to reduce line 5132 (overtime) in the DPW Highway Division by $10,000.00 was defeated 2-4 (opposed Paul, Peter, Don, Marilynn).
A motion by Paul 2nd by Don to increase DPW, Highway Division, Depreciation Expense to $200,000.00 for a revised total of $1,488,556.00 was voted unanimously.
A motion by Paul 2nd by Jim to remove $5,000.00 from the DPW Depreciation Fund (Engineering Study) and adding it to the DPW Highway Division Budget for a revised total of $1,493,556.00 was voted unanimously.
A motion by Don 2nd by Glenn to increase line #44 in the DPW Depreciation Fund (trackless snow plow) by $63,000.00 to a new total of $135,000.00 to purchase instead of a 2 year lease was voted unanimously.
A motion by Paul 2nd by Jim to authorize expenditure out of DPW Depreciation Fund equaling $218,192.00 was voted unanimously.
A motion by Paul 2nd by Glenn to approve a revised Solid Waste Enterprise Fund Budget of $1,088,723.00 was voted unanimously.
A motion by Don 2nd by Peter to accept the minutes of April 7, 2010 as corrected was voted unanimously (abstained Jim).
The meeting adjourned at 9:20.
Respectfully Submitted,
Marilynn Foley, Clerk
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