Attending: Roche, Bartlett, Cameron, Hardesty, Nutting, Trahan, Whalen, Zollo, Wilschek (late)
Absent: Kelly, Ogden
Accepted minutes of Dec 18, Jan 15, Feb 5.
Discussion on the executive summary draft
Need to be consistent with numbers used. The State DOE calculates slightly differently. They include the enterprise accounts.
Include a glossary of terms in the appendix so everyone can have and use the same terms in the same way.
Doesn't want to use any term in the executive summary that would be required to be defined in the glossary.
Discussion on raising issues
Newton did their study; Harvard professors spent six months reviewing the finances and determined that the current process was not sustainable.
There are 2 or 3 budget busters that should not be a surprise; wages, health costs, SPED costs (including transportation).
Need to be accurate and unbiased on the data presentation.
We can get to the other infrastructure items over time. We will have capacity to borrow some 3 million. We won't be able to do the high school without a debt exclusion for sure, but overtime we can get to the other infrastructure items. Recall, this year's total capital budget was 8 million in requests of which we are proceeding with 1.3 million.
At some point, specifically with the roads, we are to a point where we need to do something in addition to the way we are tackling the roads today.