1994-06-13-AC-MIN.pdf - Laserfiche WebLink

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* G Burnell discussed the fact that Fiscal 1994 was an unusual year in that there was $ 600,000 appropriated to the Reserve Fund. If funding were not at this level and we had the same shortfalls, a special town meeting would be necessary in order to resolve the issues. * P Lapointe sought and received clarification from R White regarding the Police/ Fire medical account and what the Town is liable for. * G Burnell indicted that he had had a discussion with N Cohen regarding the options available to the AC in dealing with the shortfalls in Fiscal 1994. The most realistic option is for the AC to address the request this evening. * MOTION by P Lapointe: Transfer $ 70,000 from the Reserve Fund to Police/Fire Medical Transfer $ 40,000 from the Reserve Fund to the Legal Department Transfer from the Reserve Fund to the School Department an amount not to exceed $ 325,000 Transfer from the Reserve Fund to the Snow & Ice Account the balance in the Reserve Fund after having determined the exact amount being transferred to the School Department. UNANIMOUS * MOTION to accept minutes of May 9th meeting as amended UNANIMOUS * General discussion of election of officers for the next fiscal year. * Next meeting scheduled for July 11, 1994 @ 7:30 pm * MOTION to adjourn acmtjnl3