HomeMy WebLinkAbout2002-03-25-AC-MIN.pdf APPROPRIATION COMMITTEE MEETING
MARCH 25, 2002, 7:00 P.M.
MUSEUM OF OUR NATIONAL HERITAGE
• Present: P Hamburger, R Pawliczek, E Michelson, A Levine, S Spector, D Brown,
K Dooks, R Eurich, A Nedzel, J Ryan
• Appropriation Committee signed Annual Report to be submitted to Town Meeting
• Lincoln Park discussion. P Hamburger and A Levine met with R White, K
Simmons and A Russell regarding possible funding scenarios from the Recreation
Fund. R White proposed increasing golf fees by.50 cents per round, which
would generate approximately$25,000, increase other fess to generate $15,000
and apply$35,000 form the Recreation Fund, fund balance.
• P Hamburger stated that the group could not come to agreement on the issue.
• P Hamburger reported that the Unreserved Fund Balance at June 30, 2002 was in
excess of$900,000. The minimum balance at February 28t, 2002 was estimated to
be approximately$330,000
• General discussion of the current status of the SBA reimbursement schedule
• Motion to postpone Article 5 of the Special town Meeting (8Y, 1 N-RP)
• Motion to support a$75,000 annual transfer from the Recreation Fund to support
the debt service. Failed 3Y-6N(Yes, AL, DB, KD)
• Motion to support $100,000 annual transfer from the Recreation Fund to support
the debt service. Passed 9-0
ac.03.25.02