WINDHAM SOLID WASTE MANAGEMENT DISTRICT (WSWMD)

BRATTLEBORO, VERMONT

FINANCE COMMITTEE MINUTES OF

NOVEMBER 9, 2017

COMMITTEE MEMBERS PRESENT: Merrill Mundell, Chair,Wilmington; Jan Ameen, Westminster; Jim Damato, Readsboro: Tony Gordon, Marlboro: Cheryl Franklin, Guilford.

COMMITTEE MEMBERS ABSENT: Tim Franklin, Vernon.

WSWMD STAFF PRESENT: Bob Spencer, Executive Director; Vicki Hayes, Office Manager/Bookkeeper; Kristen Benoit, District Clerk/Program Coordinator; Dale Bessette, Scalehouse & Yard Operator.

OTHERS PRESENT: None

Mr. Mundell called to Meeting order at 5:30 p.m.

1) Changes and/or Additions to Agenda: None

2) Approval of Minutes from 10/12/17: Motion made, seconded, and carried to approve the Minutes of October 12, 2017.

3) Review of October 2017 Check Register: There was discussion on various expenditures, Vicki provided answers.

4) Review of October Financials and MRF Closure Costs: The Finance Committee reviewed and discussed the Financial Statements. Various line items were discussed. Future revenue streams were discussed. The YTD MRF Closure Costs were reviewed and potential favorability to the $94,213 special assessment was also reviewed. Status of the loan repayment was also discussed.

5) Discuss Rejoining Fee and Membership Fee: There was a discussion on the various scenarios for rejoining fee. There was a general consensus that the $2500 base plus 15% of the town’s portion of the assessment would be the best choice.

6) Discuss FY 19 Budget and Capital Needs: The committee began the review of the various budget lines. There was discussion around reasonable and realistic numbers. There was insufficient time to complete the review. A working session will be scheduled to finish the process. Vicki agreed to send out another budget version including the impact of solar to the committee.

7) Executive Session: None

8) Next Finance Committee Meeting: Budget working session, November 30,2017 @ 6PM

9) Other Business as Legally Allowed: None.

10) Adjournment: Meeting was adjourned @ 6:55 PM

Vicki Hayes

Office Manager/Bookkeeper