Windham Solid Waste Management District (WSWMD)
Brattleboro, Vermont
Finance Committee Meeting
Via ZOOM and In-Person
Draft Minutes of August 12, 2021
Committee Members Present: Merrill Mundell, Wilmington (Committee Chair); Michelle Cherrier, Dummerston; James Damato, Readsboro; Patrick Moreland, Brattleboro.
Committee Members Absent: Russell Hodgkins, Westminster.
WSWMD Staff Present: Robert Spencer, Executive Director; Vicki Hayes, Office Manager/Bookkeeper/District Clerk; John Fay, Programs Manager; Dale Bessette, Transfer Station Operator.
Others Present: None.
Mr. Mundell called the meeting to order at 6:10 P.M.
- Changes and/or Additions to the Agenda: None
- Approval of Minutes – June 10, 2021.
Patrick moved to approve the minutes of June 10th as written, Jim seconded. Motion was carried.
- Approval of Check Register-June 2021: Jim had a few questions, check 28555 to Simplicity Engineering for repair of cleats on the trommel. John explained the Solvita tests, which are compost maturity tests. The invoice from NRRA for Jamaica’s tires has been paid and we have been reimbursed. Also discussed was Alva Waste for cardboard, and the NEBRA membership.
Patrick moved to recommend the approval of the check register to the Board of Supervisors, Jim seconded. Motion was carried.
Approval of Check Register- July 2021: There were no questions.
Patrick moved to recommend the approval of the check register to the Board of Supervisors, Jim seconded. Motion was carried.
- Review of Financial Statement-June 2021 : Vicki reviewed the highlights of June results. We had an excellent year, significant income from Renewable Energy Credits from Greenbacker, and the increased Tip Fees for the year and volumes resulted in a Surplus of $79,533.92. This had been designated for Capital Reserve per the Board vote on June 10th, 2021.
Jim moved to recommend the approval of the June financials to the Board of Supervisors, Michelle seconded. Motion was carried.
Review of Financial Statement- July 2021: Vicki reviewed the highlights of July Financials. She noted the increase in price for OCC (cardboard) per ton has made a significant impact on the current month. This coupled with annual access sticker sales has given the District a favorable start to the new fiscal year. Also the accrued expenses from June projects has offset some of the repair costs we were billed this year. Over all we are at a Surplus of $80,182.31 for the month.
Jim moved to recommend the approval of the July financials to the Board of Supervisors, Michelle seconded. Motion was carried.
Vicki discussed the preliminary results of the Audit, completed last week. We are not expecting any issues.
- Discuss Budget Process: Vicki proposed that we begin the budget process at our next Meeting, starting on the Capital Plan and Revenue.
- Executive Session: None.
- Next Meeting: Jim moved to hold the next meeting on September 16th at 6:00 P.M. Michelle seconded and the motion was carried.
- Adjournment @ 6:47P.M.
Minutes submitted by,
Vicki Hayes
District Clerk