July 22, 2002



Present:            Kathy Pessolano, Beth deSousa, Peter Nossal, Judy Mikkola


Guests: Larry Smith and Bill Olmstead


The meeting began at 6:30 pm.


COA Budget:            Mr. Olmstead and Mr. Smith were present to discuss the FY 2003 budget with the committee.  They have agreed to act as liaison between the COA and the Advisory Board.  Mr. Smith has formed a sub committee specifically to track budgetary issues on a monthly basis.  The utility bills and projections are of concern and will be tracked more closely.  This will enable all to keep a better handle on the budget, not only for this year but in the future.


Kathy and the members of the committee thanked the gentlemen for their willingness to volunteer their time .


End of Fiscal 2002:   End of year balances will be submitted to the committee for review.  ( Enclosed)..


FY 2003 HWRSD Budget:            The two towns will hold the budget override vote on July 30th to cover the shortfall in the budget.  Chapter 70 money has been increased  by $76,000 over last year.  If the override passes and the monies are not deemed necessary, there should be a reduced assessment to the two towns by the end of the fiscal year.


The next meeting will be held on August 12th at 6:30 pm in the Town House.


The meeting adjourned at 7:20 pm.



Respectfully submitted,

Susan Rauscher