Finance Committee Meeting Minutes 2/5/2020

FINANCE COMMITTEE MEETING

February 5, 2020

MINUTES

ATTENDING MEMBERS:                      ALSO ATTENDING:                                                                  GEORGE CAIN, CHAIR                       KENN BASLER, CHAIR           MEMBERS OF THE PUBLIC 

JON SYLBERT                                  DON COBURN                      MARC MAKUC

            REBECCA WOLIN                           STEVE WEISZ                        MICKEY JERVAS

                                                                   MELISSA NOE                       MIIA REPRESENTATIVE

MEETING CALLED TO ORDER AT 6:00 PM IN THE TOWN HALL.

The Finance Committee and Select Board reviewed and agreed upon the Select Board FY 2021 preliminary budget.  As part of that discussion, the Employee Health Insurance plan budget was discussed and there was a decision about getting a competitive proposal for this benefit.

This meeting next reviewed the Library’s updated FY 2021 budget.  It was agreed to treat the request for additional hours of operation as a separate article on the warrant rather than an integral part of the planned budget.  In addition, there was a detailed discussion of the Library’s debt service program and the allocation of funds with excess funds being returned to the General Fund.  We have asked the Treasurer to pursue this issue in terms of the better use of such funds.  Further, the Library inquired about the possibility of several account descriptions changes and a simplification of the account numbering system.

The Finance Committee FY 2021 Budget was discussed and further information regarding the Tax Title Legal Services was planned.

The Finance Committee voted to approve the movement of the Building Department’s budget into a revolving account.

The meeting was adjourned at 8:10 PM