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APPROPRIATION COMMITTEE MEETING <br /> COMPTROLLER'S OFFICE, SEPTEMBER 16, 1999, 7:45 P.M. <br /> Present: P Hamburger, R Pawliczek, D Brown, D Kessler, A Levine, E Michelson, <br /> A Nedzel, S Spector, J Ryan <br /> Absent: C Welch <br /> • Reviewed and amended July 22, 1999 meeting minutes <br /> • MOTION: Approve minutes of July 22, 1999 as amended. Unanimous <br /> • Discussed AFTC Annual Meeting to be held on October 23, 1999. Those wishing to <br /> attend must notify John Ryan by October 1st for registration. <br /> • AC will attempt to gather comparative information on similar communitie . Brown <br /> will lead this task. <br /> • Capital Expenditures Committee needs to fill one space. If anyone knows of someone <br /> who would like to serve they can contact M Battin. <br /> • P Hamburger explained how the BOS and SC have arrived at the estimated amount <br /> they would seek as a general operating override. Town and School will cut$1 million <br /> from their requests ($650/350k split). <br /> • R Pawliczek raised the question as to how much the BOS will seek for legal fees <br /> regarding Hanscom Field. <br /> • Next meeting of BOS, SC and Finance Committees has not yet been scheduled <br /> • General discussion of"Three Year Forecast"as prepared by Town Manager <br /> (8/27/99). P Hamburger took committee through the forecast. AC wishes to have back <br /> up or detail as what constitutes the data. School projected increase in 2001 need to be <br /> clarified and create a model as to assumptions they are making. Some issues raised by <br /> P Hamburger to the Town Manager have been addressed and are reflected or will be <br /> reflected in an updated version of this forecast. There is a need to have one format of <br /> presenting information and the AC and Town Manager should continue their attempt <br /> to agree on the assumptions used. <br /> • Discussed the Cash Capital Policy recently adopted by the BOS. General consensus <br /> was that it was a good idea and a step in the right direction with some long range <br /> planning. Some concern over the policy requiring debt exclusions. <br /> • P Hamburger distributed a package of information he had prepared regarding <br /> operating and debt issues. General discussion followed. Per his assumptions the <br /> operating overrides far outstrip the costs associated with debt exclusions (see <br /> enclosed). <br /> • Brief discussion to be followed up at a later meeting re: a by-law change, which <br /> would more clearly articulate the responsibilities of the Appropriation Committee. <br /> • MOTION: Adjourn <br />