Finance Committee Meeting

Minutes – June 6, 2005

High School Library – 7:30 P.M.

Members Present:  Maria Anderson, Boris Deychman, Brian Fitzgerald, Charles

                              Goodman, Jonathan Hitter, Joel Lessard, Ira Miller, Gloria Rose,

                              Gregory Sydney (Hamilton)

               Absent:   Joel Alpert, Michael Feldman, Kenneth Goldberg

1.  The first item on the agenda was Reserve Fund Transfers.  Discussion was held with Eric Hooper, Superintendent of the DPW, regarding the need for Reserve Fund Transfer in the amount of $191,946.15 for extraordinary or unforeseen expenditures.

2. According to Ben Puritz, Town Administrator, the Finance Committee Reserve Fund balance is $315,000 for Reserve Fund Transfer.  The amount of Reserve Fund Transfer requests exceeds the balance in the Reserve Fund.

3. Mr. Paul Bergeron, Veteran Agent for Town of Sharon, was present to request $4,175 for transfer from the Reserve Fund pertaining to cash benefits.

4. Cliff Towner was present for the Lake Management Committee regarding a question of taking a single bid.  The response from Town Counsel was affirmative.  The amount of $4,925 is needed for milfoil removal at Lake Massapoag from a Reserve Fund Transfer.

5. Ira Miller stated that the Finance Committee approved this item pending how it could be funded.  This Committee already took the position to fund this.

6. A MOTION was made by Ira Miller and SECONDED by Gloria Rose to approve $4,925.00 for Reserve Fund Transfer to Lake Management Committee to remove milfoil from Lake Massapoag.

7. VOTE:  9-0-0.

8. There were two more requests that were both from the Town Clerk.  One had to do with salary for Assistant Town Clerk for sick time, $2,313 and the other was $3,022 for the high cost of printing the Warrant for Town Meeting.  Requesting transfer of $5,335.

9. After much discussion, a MOTION was made by Brian Fitzgerald and SECONDED by Maria Anderson to turn down the request by the Town Clerk for $2,313.00 for salary.

10. VOTE:  5-0-4.

11. A MOTION was made by Boris Deychman and SECONDED by Maria Anderson to transfer $3,022.00 from the Reserve Fund to the printing line item for Elections & Registration.

12. VOTE:  6-0-2.

13. A MOTION was made by Ira Miller and SECONDED by Brian Fitzgerald to approve a Reserve Fund Transfer in the amount of $4,175.00 to the Veteran Agent.

14. VOTE:  8-0-0.

15. Next item on the agenda was the Fall Warrant.

16. Ira Miller presented the background on the Warrant and discussed the schedule for the preparation of the Warrant with recommendations by the Finance Committee.

17. Discussion was held on committee assignments and liaisons to various committees and departments in town.  There will be a discussion at the next meeting to set up goals for this committee.

18. A MOTION was made by Boris Deychman and SECONDED by Ira Miller to approve the Minutes of May 16.

19. VOTE:  8-0-0.

20. NEW BUSINESS

21. Discussion was held on finalizing Reserve Fund Transfers at the next meeting.

22. The next meeting will be July 11.

23. A MOTION was made and SECONDED to adjourn.

24. VOTE:  8-0-0.

25. The meeting was adjourned at 10:00 P.M.