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APPROPRIATION COMMITTEE MEETING <br /> WEDNESDAY, JANUARY 22, 1997 <br /> COMPTROLLER'S OFFICE <br /> Present: P Lapointe, M Miley, R Borghesani, S Coit, I Mroczkowski, R Pawliczek, J Ryan <br /> Absent: R Colwell, R Leone, L Peck <br /> * Distributed and discussed the following: <br /> January 14, 1997 letter from P Lapointe to Jane Pagett re: MMRVHS contract. Contract was <br /> adopted by the MMRVHS with two communities opposed: Lexington and Belmont <br /> Draft of the 1997 Warrant was distributed <br /> Town Manager's budget minus his message was distributed. Town Manager to present his <br /> budget with message on Monday, January 27, 1997 <br /> Superintendent's budget to the SC was distributed <br /> Debt schedule models distributed <br /> * Models for possible debt service for school capital were explained and discussed. S Coit <br /> discussed meeting that took place on Friday, January 17, 1997 with staff and financial advisor <br /> along with L McSweeney and J Dini <br /> * P Lapointe has discussed SBAB backlog with staff at MMA. There currently is a significant <br /> number of projects in the" pipe line" awaiting approval and many more are anticipated. What <br /> does the future hold for the program? Will funding remain at 59%? <br /> * AC needs to attempt to determine the impact the capital program will have on the school <br /> operating budget <br /> * Meeting schedule: Thursday, January 30th @ 6:30pm in Room 105 <br /> Thursday, February 6th @ 7:30 pm in Room 105 <br /> Thursday, February 13th @ 6:00 pm in Teacher's Cafeteria @ Clarke Sch <br /> Thursday, February 27th @ 7:30 pm in Room 105 <br /> * Motion to adjourn <br /> acj an 17 <br />