2014-11-25-RB-min - Laserfiche WebLink

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PERAC appropriation letter has been received. The FY'16 Appropriation is $5,255,537. The new funding schedule is in place and has been accepted. Bob and Maggie have been meeting with the Selectmen about the COLA base increase to $13,000 and they have been very receptive. A notice from PRIM has been received regarding Private Equity Portfolio. Sign-ups will be accepted through 12/6114. Memo# 31 Board Member Training for 4 I qtr. 2014 and Ethics Test reminders were given to the Board. Rob and Maggie had a conference call with Dan Sherman and Melanson & Heath to discuss the new GASB requirements. Dan Sherman included the requirements in the actuarial study for 111114. Charles Sortino and Tamzin Ladd to be reevaluated. Ryan Bugler is filing a personal law suit against the person lie was carrying when he got injured and did not accept the retro payment that was sent to him via registered mail. We have been notified that Laura Creedon is back in court proceedings. Mike Sacco to handle. No update on Mark Culleton's appeal with DALA. PERAC's audit has been received with 2 findings; Mike McNabb's absences and an employee the Town neglected to enroll in retirement. Issues are resolved. A motion was made, seconded and approved unanimously to adjouni the meeting at 9:15. The next meeting will be held December 22, 2014, 8:00 AM.at Cary Memorial Library. Robert Cunha, Chairman Alan Fields, Appointed Member Absent Robert Addelson, Ex Officio Member Joseph Foley, Elected Member Vacant Appointed Member ;