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HomeMy WebLinkAbout1999-09-16-AC-MIN.pdf APPROPRIATION COMMITTEE MEETING COMPTROLLER'S OFFICE, SEPTEMBER 16, 1999, 7:45 P.M. Present: P Hamburger, R Pawliczek, D Brown, D Kessler, A Levine, E Michelson, A Nedzel, S Spector, J Ryan Absent: C Welch • Reviewed and amended July 22, 1999 meeting minutes • MOTION: Approve minutes of July 22, 1999 as amended. Unanimous • Discussed AFTC Annual Meeting to be held on October 23, 1999. Those wishing to attend must notify John Ryan by October 1st for registration. • AC will attempt to gather comparative information on similar communitie . Brown will lead this task. • Capital Expenditures Committee needs to fill one space. If anyone knows of someone who would like to serve they can contact M Battin. • P Hamburger explained how the BOS and SC have arrived at the estimated amount they would seek as a general operating override. Town and School will cut$1 million from their requests ($650/350k split). • R Pawliczek raised the question as to how much the BOS will seek for legal fees regarding Hanscom Field. • Next meeting of BOS, SC and Finance Committees has not yet been scheduled • General discussion of"Three Year Forecast"as prepared by Town Manager (8/27/99). P Hamburger took committee through the forecast. AC wishes to have back up or detail as what constitutes the data. School projected increase in 2001 need to be clarified and create a model as to assumptions they are making. Some issues raised by P Hamburger to the Town Manager have been addressed and are reflected or will be reflected in an updated version of this forecast. There is a need to have one format of presenting information and the AC and Town Manager should continue their attempt to agree on the assumptions used. • Discussed the Cash Capital Policy recently adopted by the BOS. General consensus was that it was a good idea and a step in the right direction with some long range planning. Some concern over the policy requiring debt exclusions. • P Hamburger distributed a package of information he had prepared regarding operating and debt issues. General discussion followed. Per his assumptions the operating overrides far outstrip the costs associated with debt exclusions (see enclosed). • Brief discussion to be followed up at a later meeting re: a by-law change, which would more clearly articulate the responsibilities of the Appropriation Committee. • MOTION: Adjourn