2023-02-02-AC-min - Laserfiche WebLink

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02/02/2023 AC Minutes 2 Mr. Pinsonneault – details of trash collection challenges, equipment replacement, storm water issues Lexington Public Schools – What will happen if the teachers’ contract settlement exceeds the amount in the budget? Mr. Parker asked Committee members to send him any additional questions, which he will submit to each person prior to their appearance. Ms. Kosnoff reported that the Brown Book is nearing completion and is expected to be released on February 17. She anticipates it will have very few changes from the White Book, and she will make a red line version available. The Select Board will vote on the budget at their February 13 meeting. Ms. Kosnoff also shared information on some of the questions of interest: LexPress – the FY24 recommended budget includes level funding which will not be able to support level service. The current contract expires at the end of FY23. Ridership and revenue have plummeted and management is questioning what form the service should take moving forward. The Select Board is creating an ad hoc committee to recommend how to best provide the service, and will ask if the AC and CEC will designate liaisons. Additional Fire Inspector – the request is driven by the current lack of personnel to complete required commercial inspections in a timely manner. This delay affects the issuance of occupancy permits for new and continuing projects, and can affect new growth tax revenue. This is one of the rejected PIRs. Trash – The $1 million increase in the collections contract is one of the drivers of the municipal budget shortfall. Possible ways to mitigate the increase that are being examined include a food composting trial, a large item collection fee, and ways to implement fees under the current bylaw requiring that the Town provide a free method to dispose of trash. Energy – the electric generation rates are contracted through FY24. Mr. Padaki will distribute an article he read in the “Guardian” on potential problems with certain types of investments made by pension funds. It is unclear whether the article describes private sector funds or government funds, which would have different investment rules and parameters. Minutes of Prior Meetings Mr. Michelson moved to approve the meeting minutes from 1/11/23, 1/19/23 and 1/26/23, with edits suggested by Mr. Padaki. The motion passed by roll call vote. VOTE: 6-0 Adjourn The meeting was adjourned by roll call vote at 8:33 p.m. Respectfully submitted, Eric Michelson Approved: February 23, 2023 Exhibits ● Agenda, posted by Mr. Parker