2010-06-30-AC-min - Laserfiche WebLink

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June 30, 2010 $80,000 of this amount will be needed to cover a reduction in state aid below the amount budgeted at the time of the annual town meeting. If there is a further shortfall beyond the approximately $320,000 of unallocated revenue remaining, the likely source of funding would be the Stabilization Fund. Plans are in the works to hire an additional staff member, as authorized in the FY2011 budget, to provide support to the finance committees, including minute - taking, in view of the additional obligations that will be imposed by amendments to the Open Meeting Law. John Bartenstein, who has been serving as secretary to the committee, agreed to assist in the development of a job description. The committee discussed a number of administrative issues, including adjustments to the process for posting agendas and other steps that will be required to comply with the new Open Meeting Law; arranging for a joint meeting in the fall with the Community Preservation Committee to discuss certain policy issues, including the use of CPA funds to support Town projects; covering the meetings of various other committees, including the Permanent Building Committee, that are expected to occur during the summer; and the agenda for the next meeting, which will take place on Monday, August 9, 2010. The meeting was adjourned at approximately 10 p.m. Respectfully submitted, John Bartenstein Approved August 9, 2010 -3-