Budget Oversight Subcommittee Meeting Minutes

April 12, 2006

 (Approved)

 

 

 

The budget oversight subcommittee met on April 12, 2006 at the SAU building.  Members present were Neil Moriarty, Dick Bauries, and Jane Fortson.  Administrators present:  Larry Biron.

 

The meeting started at 9:35

 

Public Comment:  None

 

Minutes from the March 8th meeting were approved without changes. 

 

Election of Chair:  N. Moriarty nominated J. Fortson for chair, seconded by D. Bauries.  Vote was unanimous for those present.  J. Fortson took over running the meeting.

 

L. Biron updated the committee on the tuition/expense worksheets.  The changes to the worksheets were discussed; among them is an increase in expenses of $5500 for the athletics program at the high school for costs of officials.   With this change taken into consideration the amount of projected over expenditure, comprised of an expense overrun of $310,960 (as of April 1, 2006) and the 2004-2005 deficit of $210,147 is $521,107.  The expected tuitions district wide and trust fund transfers to offset this amount are currently projected as $1,030,472, for a net amount of $509,365.

 

N. Moriarty questioned the computer overexpenditure in the budget.  L. Biron stated they had been charged to one line instead of spread over the two lines that comprised the budgeted amount for computers.  J. Fortson questioned the dis/life ins. Charge in the HS 1100 account as it has a zero budget and has been charged for expenses.

 

L. Biron stated the actual numbers for the health insurance increase would be coming in May.  We should know the impact by the May budget committee meeting.  L. Biron stated that many of the older maint. Items from the prior years warrant articles were being addressed, bids being sought and the facilities committee deciding on the bids.

 

The committee again discussed the charging of electrical costs in ’04-’05 incurred for inputting the trailer at Cutler to SPED accounts.  The budget oversight committee members felt that charging this to private tuitions in the SPED accounts was not appropriate.  For the trailer put in at the high school in the ’05-’06 year, the amounts were backed out of Private tuitions in SPED and charged to a separate line in the SPED accounts that was budgeted at 0, and will therefore be overspent in the ’05-’06 budget.  A motion was made by N. Moriarty to bring forth a recommendation to the full budget committee regarding having this amount included in Building capital instead of SPED. Seconded by D. Bauries.  Vote 2 for, and 1 abstention for those present.  Motion passes.  Motion will be brought to the full budget committee on April 25, 2006.

 

No unusual expenditures were expected in the next month. 

 

There were no closing public comments.

 

The date for the next meeting is May 10th, 2006  at 9:30 am in the SAU building.

 

 

Respectfully submitted,

 

Jane Fortson