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HomeMy WebLinkAboutMinutes - AC - 06/12/2014 o'- `+. ADVISORY COMMITTEE MEETING U.. THURSDAY JUNE 12 2014 7:00 PM �onASSET TOWN HALL LOWER LEVEL Members Present:Peter Pescatore(Chair),Tanya Bodell,George Chamillard,Rich Fitzpatrick,Lee Jenkins,Nan Roth,Tom Reardon 7:04pm-The Meeting is called to order 1. Town Finance—Chris Senior and Mary Gallagher The Water Dept.has a$400,000 shortfall at this point. Some calculations were difficult to predict with the rate cut and they put a significant amount of retained earnings into Capital Stabilization at Town Meeting. Town-side revenue and expenses look good heading into the last month of the year—about$250,000 ahead on revenue, $150,000 ahead on expenses.The town is projecting$400,000 total in Free Cash at the end of the year. The School Dept.is on target for their budget and their spending has evened out over the course of the year. The Town Manager is exploring an additional tool for creating and tracking the budget. Arlington has developed budget software that presents data in a visual format that will help officials,staff and residents to more easily understand town finances. There will be a presentation to the Selectman in the near future. As part of the new website,contact information for Committees is available and the Chair requests an email address from the Town to conduct official business. OPEB:The Town is moving benefit plans to MAIA.Retired employees have been moved to new plan that saves the town and retirees money.The next step is moving retired teachers who have been in GIC since 1972.It is a multi-step process including bargaining with current teachers. The Town Manager was notified that Cohasset was accepted into the Collins' Center's StatNet program. The process begins the 3rd week in July and the Police and Fire Departments will be the first to be analyzed. The Town Manager is exploring a"See-Click-Fix"program for residents to report needed public works repairs and the process should begin in September. 2. Approval of Minutes MOTION TO APPROVE the Minutes of April 20 by Nan Roth, seconded by George Chamillard. Approved 7-0. MOTION TO DISCUSS the Minutes of April 24 by Tom Reardon,seconded by George Chamillard. Approved 7-0. MOTION TO APPROVE the Minutes of April 24 by George Chamillard,Second by Lee Jenkins Approved 4-0-2(Abstaining:Bodell,Roth,Fitzpatrick). 3. Last Meeting for Tom Reardon Tom thanked the Board and said he enjoyed his service;The Board expressed gratitude to Tom for his years of service and his helpful and productive participation. 4. Alternative Energy Committee Tanya Bodell is liaison to the AEC and reported that plans are moving forward with vendors for the production of solar power. The State Legislature is renewing a program to subsidize new projects;projects were stalled because of cap on megawatts. The new SREC2 is not as generous as the previous program but should be beneficial to Cohasset.Net metering credit for landfills,etc has not been expanded and the municipal side of the program is not yet full. Cohasset's vendor,Broadway Electric, sold their business to Nexamp.Nexamp has spoken with Cohasset to discuss the existing bid but Town Council believes may need to be re-bid because the project falls under the new program. MOTION TO ADJOURN by Tom Reardon,seconded by Lee Jenkins.Approved 7-0. Meeting adjourned at 8:03pm. Respectfully submitted, Rich Fitzpatrick Rotating Secretary