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CC MTG MINUTES DECEMBER 18 2017 i� MINUTES OF THE FINANCE COMMITTEE MEETING December 18 2017 ' Members Present: Christopher Johnson—Chair Cecilia Calabrese Joseph Mineo (ex-officio) Members Absent: Paul Cavallo Gina Letellier Richard Theroux • ' Also Present: Cheryl St. John, Anthony Suffriti and Donald Rheault Called to Order: Meeting was called to order by Chairman Johnson at 6:32 P.M. in the rear of the Auditorium at the Roberta Doering School, 68 Main Street, Agawam, MA. AGENDA 1. Approval of minutes dated December 4, 2017 Motion to approve made by Councilor Calabrese and seconded by Councilor Johnson. Vote 3 yes, 0 no and 3 absent. 2. TO-2017-75 - Budgetary Transfer of $14,929.69 from Line Items Reserve Fund •' (16605-57300) to Line Items- Professional Services (16602-52190) (Sponsored by Mayor Cohen) Brief discussion regarding the fact that School Department retained a consultant to review utility bills to see if savings could be achieved. Consultant contract requires payment of 50% of savings to consultant. Consultant achieved almost $30,000 in savings of which over « $23,000 went into the General Fund. Motion to send a positive recommendation made by Councilor Calabrese and seconded by Councilor Johnson. Vote 3 yes, 0 no and 3 absent. ' 3. TO-2017-76 - Budgetary Transfer of$4,618.12 from Line Item Reserve Fund (16605- 57300)to the Assessor Salary Account(11371-51010)(Sponsored by Mayor Cohen) Brief discussion regarding need to increase Assessor salary line item as new Assessor was hired at higher step than previously anticipated when budget was prepared. Motion to send a positive recommendation made by Councilor Calabrese and seconded by Councilor Mineo. Vote 3 yes, 0 no and 3 absent. • 4. TO-2017-77 -Budgetary Transfer of$79,428.17 from Line Item Reserve Fund(16605- 57300) to Employee Benefit Buyback(16603-51040)(Sponsored by Mayor Cohen) Brief discussion regarding fact that unanticipated retirements and separations from employment by the Mayor, Deputy Fire Chief and other fire department employees has resulted in an anticipated deficit in the Employee Benefits Buyback Line Item. The requested amount of the transfer was reduced to $70,999.17. Motion to send a positive recommendation made by Councilor Calabrese and seconded by Councilor Mineo. Vote 3 yes, 0 no and 3 absent. 5. Any other business that may legally come before the Committee. Councilor Rheault raised the question of why the town does not have any solar panels/facilities on town or school buildings. Committee indicated that it would inquire of the new administration. � Adjournment: Motion to adjourn was made by Councilor Calabrese and seconded by Councilor Minco and approved unanimously at 6.40 P.M. Respectfully submitted, Christopher Johnson, Chair Finance Committee