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MINUTES04.18.2017
Finance Committee Meeting Agenda
Bellingham Municipal Center

Tuesday April 18, 2017 7:30pm
Arcand Meeting Room


  • FinCom Present: J. Allam, J. Collamati, J. Flannery, K. Keppler, K. Clark, M. Fernandes, K. Grant
  • FinCom Absent: none

  • Meeting called to order: 7:50p
        
     _________________________________________________________________________

  • Capital Requests for ATM
Well 12 Generator replacement 70,000$ Water capital7-0
Mechanic street Sewer Station odor control: $81,000 JC, KK 7-0
DPW Large Vehicle Lift: 45,500 capital improvement trust fund. KK, JF, 7-0

        
___________________________________________________________________________

  • Discussion of FY 2018 Budget Items
School Budget: KC, KK 7-0 $24,793,397
Unpaid bill for $22.98 rocky ace JC, KC 7-0
Acct 433: lower account to $75,900
Dept 750: JA: not comfortable with numbers that we would be voting, as they were not prepared by the town but a securities company. $5,304,954 total to be raised from taxation (Principle and interest). KK,KC 7-0

Overlay surplus to cover the amend article 1 in the amount of 1.1 Mil for act 992 Group Insurance Trust JC, KK 7-0
Acct 992: 6.6 Mil taxation JC, KK 7-0


_____________________________________________________________________________

  • ATM Article Review and Recommendations: none discussed
 ____________________________________________________________________________

  • New Business, Correspondence, Bills: None
_____________________________________________________________________________

  • Approval of Meeting Minutes from March 13 (KK, JC 6-0)
______________________________________________________________________________

  • Adjourned; JF, KK 8:31p