HOLDEN FINANCE COMMITTEE
MEETING MINUTES
MAY 30, 2007
HOLDEN MUNICIPAL LIGHT DEPARTMENT
Members Present: Paul Challenger, Al Berg, Ed Benoit, Paul Anderson, Rick Bates,
Jim Dunn @ 7:30, Marilynn Foley
Also Present: Brian Bullock, Town Manager, Jacquie Kelly, Assistant Town Manager,
Larry Galkowski, Director of Public Works, Randy Swigor, W/S Superintendent, Diane Mero, HMLD, Joe Sullivan, Selectman
The meeting was called to order at 7:04.
Larry and Randy gave a slide presentation on the W/S Enterprise Fund. Brian, Larry, Randy and Diane answered questions from the Committee. Town meeting warrant articles approval fixed the F/Y 07 problem in the Fund and also approved F/Y 08 expenditures. A new fee structure document was discussed with the W/S Advisory Board and they approved it. The Committee continued to discuss the W/S rate increase.
A motion by Al 2nd by Jim to recommend support of a combined W/S rate increase of $775,000.00 and that the W/S Fund use the best available estimating techniques to insure that water revenues match water expense and sewer revenues match sewer expense. An amendment to the main motion was proposed by Ed 2nd by Paul A. to add the language after $775,000.00 in the previous motion - "and proposed fee structure as presented on May 30, 2007" - was voted unanimously. The the main motion with the amendment was voted unanimously.
A motion by Paul C. 2nd by Rick to approve the minutes of May 21, 2007 as amended was voted unanimously.
The meeting adjourned at 9:30.
Respectfully Submitted,
Marilynn Foley, Secretary
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