HomeMy WebLinkAboutAd Hoc Budget Committee Minutes October 21, 2009_201402060847441909
Town of Nantucket
Ad Hoc Budget Workgroup
Minutes – Ad Hoc Budget Workgroup Meeting, held October 21, 2009
Approved November 17, 2009
A duly noticed meeting of the Ad Hoc Budget Workgroup was held in the conference
room located at #16 Broad Street on Wednesday, October 21, 2009, commencing at
9:00 AM.
Present: Ms. C. Elizabeth Gibson, Mr. James Kelly, Ms. Jenny Garneau, Mr. Michael
Kopko, Dr. Robert Pellicone, Mr. Glenn Field, Ms. Robin Garvey, Ms. Patti Roggeveen,
Mr. Matt Mulcahy, and Ms. Irene Larivee
Also present: Mr. Whiting Willauer
Call to Order:
Mr. Michael Kopko called the meeting to order at 9:03 AM.
Approval of Minutes:
None.
FY2011 Budget Updates
None.
Review of Town / School Split:
Mr. Field opened the discussion by informing the work group that the town &
school created a joint policy of reporting school costs to the state. In the past, insurance
related costs attributed to the schools were not included in the report; however the
joint policy may need to be revised to reflect these costs.
Minutes – Finance Committee
February 3rd, 2009 Page 2 of 3
The discussion continued between the parties regarding specific line items that
are paid from taxation and local revenues in the General Fund including the County
Assessment; the Allowance for Overlay and Deficits; and Cherry Sheet Offsets and Other
Charges. Ms. Gibson and Ms. Larivee indicated the town would agree to include these
costs in the town portion of the budget with the understanding that the split pertaining
to these items will be revisited in the FY2012 budget process.
Representatives from the School requested more information pertaining to the
Board of Selectmen’s position on funding the Solid Waste Enterprise Fund deficit. Ms.
Gibson indicated the Board of Selectmen has discussed the possibility of a $2.0 million
dollar override for the landfill mining (annual cost of $500,000 for the next four years).
Ms. Roggeveen explained a $2.2 million dollar operating override is also currently under
review. Options to resolve the Solid Waste Enterprise Fund deficit are operating
overrides; fees; renegotiate the contract; or a combination thereof.
Mr. Kopko informed the workgroup policy decisions regarding the Solid Waste
Enterprise Fund operating deficit have not been made at this time. Further, he ensured
the workgroup the Board of Selectmen are committed to ensuring the Solid Waste
Enterprise Fund is funded properly and fully.
Ms. Roggeveen proposed the topic of the next meeting surrounds the Solid
Waste Enterprise Fund. The purpose would be to ensure the workgroup had a clearer
understanding of the contract; sense of cost; and revenue streams. The workgroup
agreed with Ms. Roggeveen recommendation.
At the conclusion of the review of the town / school split and mitigating factors,
the Ad Hoc Budget workgroup consensus was the FY2011 General Fund projected deficit
would be split 54% for the town and 46% for the school.
Review of Budget Timeline:
Ms. Gibson indicated to the group the budget timeline was revised as of
09/29/09. The only change to the FY2011 budget timeline pertained to the public
hearing which was scheduled for December 21, 2009 and has been revised to Monday,
January 4, 2010 at 4:00pm.
New Business
None.
Old Business
None.
Minutes – Finance Committee
February 3rd, 2009 Page 3 of 3
Date of Next Meeting:
The date of the next meeting was scheduled for November 17, 2009 at 9:00 AM
in the conference room at 16 Broad Street.
Adjournment:
The meeting was adjourned at 10:07 AM.
Prepared by Irene Larivee