2012-06-26-AC-min - Laserfiche WebLink

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Tune 26, 2012 Mr. Addelson also reported the following: • There is $860,000 remaining in the Reserve Fund. • A substantial Free Cash balance is anticipated as of the end of FY2012; the Free Cash report with the actual amount will be prepared and submitted to the State of Massachusetts in September. • Although not yet available, it is anticipated that there will be an additional $400,000 in health care savings beyond the amount budgeted. • It is not anticipated that the recently realized savings can be repeated annually. 5. Selectmen's Goal Setting: Glenn Parker reported that the Selectmen will be holding their annual goal setting session on June 28. Mr. Pato reported that he had sent comments to Deb Mauger, Chair of the Board of Selectmen, asking that the Selectmen focus on the following: • Land use and acquisition process: making sure there is a clear model • Town infrastructure maintenance • Center Business District vitality • Clear identification of Selectmen goals and results, i.e. more transparency Other questions or comments included: Determining the future use of land purchased by the town has been a difficult process. When should the Selectmen ask for the Appropriation Committee's opinion on land acquisition? ACTION ITEM: If other members of the Committee have suggestions for the Selectmen to consider as part of the goal- setting process, they should be forwarded directly to Deb Mauger. 6. Future Agenda Items: The following topics were proposed for future discussion: • Funding models for Other Post - Employment Benefits (OPEB) • How to use the savings from the Town's conversion to the G.I.C. • Research on pricing strategies versus municipal employee benefits utilization • Pay scale of the Town's tax work -off program for seniors • Installation of solar panels on municipal buildings (Solar Energy Task Force) • Committees policy for participation in political campaigns • ATM /STM scheduling • Minutes • Election of Officers ACTION ITEM: Glenn Parker will poll the members as to availability and set up dates for future meetings through the summer and into the fall. in