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HomeMy WebLinkAbout2012-04-11-AC-min-summit7A- p r it 11, 2012 Minutes Town of Lexington Appropriation Committee April 11, 2012 Place and time: Selectmen Meeting Room, 6:00 PM Members present: Glenn Parker (Chair), John Bartenstein (Vice Chair and Secretary), Robert Cohen, Mollie Garberg, Alan Levine, Eric Michelson, Dick Neumeier, Joe Pato, Jonina Schonfeld, Rob Addelson (ex officio, non - voting) The Committee joined the Board of Selectmen, the School Committee, and the Capital Expenditures Committee for the seventh Budget Collaboration - Financial Summit for FY 2013 (Summit 7). The agenda item was: Options for Funding Budget Priorities Please see the minutes of the Board of Selectmen, which are published on the Town web site at http://lexingtonma.gov/selectmen.cfm and which are also available in the Town Clerk's office, for details. The meeting was adjourned at approximately 7:20 PM, following which the Appropriation Committee remained in session and relocated to Cary Memorial Hall for the continuation of the Annual Town Meeting. A list of documents and other exhibits used at the meeting is attached. Respectfully submitted, John Bartenstein Approved October 18, 2011 -1- April 11, 2012 Exhibits Town of Lexington Appropriation Committee Meeting Budget Collaboration — Financial Summit 6 April 2, 2012 1. Agenda posted by Board of Selectmen of Budget Collaboration- Summit Meeting 7 2. Memo from Carl F. Valente and Rob Addelson to Budget Summit Participants, dated April 10, 2012, "Option 2 for Use of Health Insurance Savings," with the following attached spreadsheets: a. "Estimated Five -Year Health Insurance Savings for Transition to GIC" b. "Version 2: Funding Budget Priorities" c. "Option for $3,200,000 in Tax Relief for Excluded Debt Service -2-