Finance Committee Meeting Minutes 2/22/22
MEETING OF THE MONTEREY FINANCE COMMITTEE
CALLED TO ORDER ON February 22, 2022 Time: 6pm
WELCOME. Meeting is being recorded on zoom. Anyone is free to record the meeting. Please raise your hand if you are recording so that it can be noted
IN KEEPING WITH THE OPEN MEETING LAW, NO ONE MAY SPEAK UNTIL RECOGNIZED BY THE CHAIR. PLEASE STATE YOUR NAME. As per OML, DISCUSSION WILL BE LIMITED TO AGENDA ITEMS. IN CONSIDERATION OF ALL PARTICIPANTS PLEASE KEEP REMARKS BRIEF AND ON TOPIC. THE CHAIR WILL MOVE TO ADJOURN THE MEETING IF NECESSARY.
All votes will be voice votes
MINUTES TAKEN OR TRANSCRIBED BY: MICHELE MILLER
ATTENDEES: Chair, K FITZPATRICK, J SYLBERT, MEMBERS, S WEISZ, SELECT, D COBURN, MICKY JERVAS, S. COOPER, PUBLIC.
AGENDA:
RESERVE FUND TRANSFER OR TRANSFERS FOR FUEL BUDGET OVERAGE.
DISCUSSION: IT WAS DECIDED TO APPROVE THE TRANSFER FOR EXPENSES INCURRED AND BILLED TO DATE AND REVISIT ON AS NEEDED BASIS. INTERDEPARTMENTAL TRANSFERS ARE NOT PERMITTED UNTIL MAY. AVOID THIS SCENARIO IN NEXT BUDGET BY FUNDING AT A HIGHER LEVEL
VOTE: UNANIMOUS
DISCUSS AND VOTE ON COLA RECOMMENDATIONS:
DISCUSSION: FIRST THOUGHTS ON LIMITS OF COLA AND REPURCUSSIONS THROUGHOUT THE BUDGET: INCREASED PAYROLL TAXES AND RETIREMENT COMMITMENTS
NO VOTE WAS TAKEN AS FURTHER DISCUSSION IS REQUIRED
REVIEW AND DISCUSS ITEMS MARKED UP AT JOINT MEETING:
122.GRANT WRITING: AS REQUESTED OR LESS: DENNIS LYNCH AS GRANT WRITER FOR SPECIFIC FUNDS
120.ADMINISTRATIVE ASST SALARY: REQUESTED JOB DESCRIPTION WOULD PROVIDE SUPPORT FOR BOARDS AND COMMITTEES ESPECIALLY IN RESPONDING TO EXCESSIVE DOC REQ AND MINUTES.
155. DEFINITION SOFTWARE OR IT?
160. TOWN CLERK REQUESTS 44% INCREASE OVERALL. 37% IN WAGES WITH ADDITIONAL REPURCUSSIONS OF EXPANDING TO FULL TIME. NO SUPPORTING EVIDENCE HAS BEEN PRESENTED TO SUPPORT THIS CHANGE OF STATUS.
610.INCREASE IN LIBRARY WAGES FOR MARK AND STAFF. COVID RELATED ADAPTATIONS. ARPA?
700. LIBRARY LOAN: CONSENSUS TO PAY 100K ON PRINCIPAL. WAITING ON COMPARATIVE FIGURES FROM UNIBANK ON INTEREST AND AMORTIZATION.
210. RE-ORGANIZATION OF PD DUE TO GARETH IMPENDING RETIREMENT AND PROMOTION OF BRIAN TO CHIEF. NEW STATE GUIDELINES IMPACTING AVAILABLILITY OF PT OFFICERS. CHANGE OF SHIFT COVERAGE TO INCREASE. 10 HOUR SHIFTS.
220. FD COMPENSATION INCREASED DUE TO INCREASED COVERAGE.
433. CONSIDERATION OF TRANSFER STATION EMPLOYEES: F/T OR P/T. WAITING FOR REPORT FROM COMMITTEE.
SPECIAL ARTICLES:
DISCUSSION OF ESTABLISHING POLICY AROUND STABILIZATION FUNDS GENERALLY AND SPECIFICALLY WHETHER TO COMBINE FUNDS OTHER THAN RETIREE FUNDS. TO BE CONTINUED.
MILFOIL REQUEST: SYLBERT ADVOCATES FOR TAX DISTRICT THOUGH THAT IS NOT UP TO THE FINANCE COMMITTEE EXCEPT AS WHETHER WE SUPPORT THE ASK.
LOWER TAX RATE USING FREE CASH OF WHICH THERE IS ENOUGH TO SUPPORT THIS MOVE AND COVER SPECIAL ARTICLES.
SET MEETING FOR BUDGET REVIEW AND ANALYSIS OF FREE CASH AND STABILIZATION: BRIEFLY TOUCHED ON AS ABOVE
SET FINANCE COMMITTEE MEETINGS FOR 3/1, 3/8, 3/18 5:30PM. 3/22 FOR PUBLIC BUDGET HEARING
SET JOINT MEETINGS FOR 3/1, 3/8, 3/18, 3/22 6PM
SET DATE FOR FINANCE COMMITTEE INFO MEETING FOR VOTERS 4/21/22
ADJOURNED AT: 7:30PM