HomeMy WebLinkAbout1999-02-18-AC-MIN.pdf APPROPRIATION COMMITTEE MEETING
THURSDAY, FEBRUARY 18, 1999
COMPTROLLER'S OFFICE, ROOM 105, 7:30 PM
Present: P Hamburger, C Welch, S Coit, A Levine, E Michelson, J Ryan
Absent: P Lapointe, R Pawliczek
• P Hamburger announced that David Kessler may be a new member of the AC
• P Hamburger discussed the "gang of 8" meeting which took place this morning. SC is
expected to cut $1.4 million with the Town Manager absorbing the remainder. There
was a discussion surrounding an opportunity to address cash capital with the
anticipated decline in debt service in the years 2003 and 2004
• AC will schedule report review for March 2t. Be sure to have drafts prepared
• P Lapointe will be requested to e mail last years report which will be used as a
template
• Discussion of PILOT's. Does AC want to tackle a clearly political issue? Do we wish
to set the stage for FY 01?
• General discussion of the Recreation Enterprise Fund. What should be the function of
the Recreation Fund? Allow the fund balance to grow in order to ensure a financial
resource to pay for capital needs within the Recreation Dept. AC would like further
clarification of the indirects and what expenses are not being covered. Recreation
Dept should have a five year capital program
• General discussion of a five year extrapolation
Ac2.18.99