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WINDHAM SOLID WASTE MANAGEMENT DISTRICT
FINANCE COMMITTEE
MINUTES OF SPECIAL MEETING
SEPTEMBER 23, 2010
COMMITTEE MEMBERS PRESENT: Merrill Mundell, Chairman, Wilmington, Jane Southworth, Brattleboro; Elizabeth Frye, Guilford; Tony Gordon, Marlboro, Doris Knechtel, Newfane; James Damato, Readsboro and Jan Ameen, Westminster.
COMMITTEE MEMBERS ABSENT: None
WSWMD STAFF PRESENT: George Murray, Executive Director.
OTHERS PRESENT: Louis Bruso, Chairman of the Board Supervisors and Jamaica Board of Supervisor and Dora Bouboulis, Alternate Board of Supervisor for Brattleboro.
Mr. Mundell called the meeting to order at 7:00 p.m.
1.) Approval of Minutes (September 9, 2010):
Motion made, seconded and carried to approve the Minutes of September 9, 2010 with the following correction: Page 2 of the minutes states “The Finance Committee agreed to hold a Special Meeting on August 23, 2010”. The minutes should have read The Finance Committee agreed to hold a Special Meeting on September 23, 2010”. There were two abstentions.
2.) Future Capital Budgeting (as a yearly projection):
Mr. Murray informed the Finance Committee, that per their request, he has been working on the spreadsheet for the District’s Future Capital Budgeting. Mr. Murray handed out the spreadsheet to the Finance Committee at the meeting. Mr. Murray stated that he has been working on “evening out” the annual costs throughout an eleven year period and informed the Finance Committee that to do so, he included a municipal lease in the spreadsheet to cover the costs of new trucks. The new trucks were put on a five-year schedule based on municipal lease terms. Mr. Mundell asked Mr. Murray to continue to work on the Future Capital Budgeting spreadsheet.
4.) Fiscal-Year 2012 Budgeting Discussion:
Mr. Murray informed the Finance Committee that he has been working on the preliminary budget for fiscal year 2012. Mr. Murray reviewed the proposed budget with the Finance Committee including the potential revenue and expenses of the District’s Departments (G&A, MRF, Convenience Center and Post Closure). Mr. Murray did note that the preliminary budget does show an increase, over last years budget, of 13% and asked the Finance Committee to take a “good look” at the proposed budget.
The Finance Committee reviewed and discussed the preliminary FY 2012 budget. Major components of the conversation consisted of employees’ salaries and wages, the employee’s benefits including the increase costs in health insurance and possible alternatives to the rising health care costs to the District. Mr. Murray stated he would prepare some spreadsheets showing different scenarios regarding health insurance providers, plans and employee percentage paid.
The Finance Committee noted that the FY 2012 Budget must be completed by December and suggested holding a Special Meeting, after the regularly scheduled October 14, 2010 meeting, to continue to work on the budget. The time and date of the special meeting will be determined at the October 14, 2010 Finance Committee Meeting.
5.) Other Business as Legally Allowed:
None
6.) Executive Session (if needed):
None
7.) Adjournment:
Motion moved, seconded and carried to adjourn the meeting.
The meeting was adjourned at 9:09 p.m.
Kristen E. Benoit
District Clerk
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