WARRANT COMMITTEE MINUTES January 29, 2007
FOURTEENTH MEETING
PRESENT: K. Conlon; D. Biagiotti; J. Conley; H. Crichlow; E. Innes; T. Hurley; S. Keel; B. Mason; B. McLaughlin; J. Pinkus, L. J. Walker
ABSENT: L. Dee; B. Martin; J. O’Connor, Jr.
RESERVE FUND 381,627
Set Aside (CBO) 20,000
Reserve Fund Balance 361,627
Chair Conlon called the meeting to order at 7:30 p.m.
A revised FY 2008 Cemetery budget in the amount of $644,023 was received by the Committee.
The Committee received a copy of the 2007 Annual Town Meeting Warrant including Articles A through EEE.
CHP Subcommittee Chair Crichlow presented the FY 2008 Council on Aging, Board of Health and Park department budgets for the Committee’s review. Questions raised by the Committee will be submitted to those department heads.
As requested by the Board of Selectmen, the Committee reviewed and discussed draft Financial Policy Statements prepared by the former Town Administrator.
The Committee discussed a Credit Quality Analysis and a Schedule of General Debt Payments prepared by Lisa Dickinson, the Town’s bond consultant, and a summary of reserve levels of ten other towns prepared by Town Accountant David Grab.
On a motion made by Member Walker and seconded by Member Innes, the minutes of January 24, 2007 were approved 9-0-1.
RESERVE FUND 381,627
Set Aside (CBO) 20,000
Reserve Fund Balance 361,627
The next meeting of the Warrant Committee will be on Wednesday, January 31, 2007.
The meeting adjourned at 9:00 P.M.
Respectfully submitted,
Carol A. Blute, Senior Administrative Clerk
January 31, 2007
| 
