January 18, 2010
MONDAY 6:00 PM
Water and Light Office
The meeting duly noticed and warned was called to order at 6:00 PM.
PRESENT:
Trustees: Tim Sargent, Ed DeBor, Wally Reeve, Peter Bourne, and Dana Wildes
Staff: Craig Myotte, Jim Fontaine, and Penny Jones
GUEST: Riki French , Jack Anderson, David DiDomenico, Tim Yarrow, Charles Aronovici
1) PUBLIC MEETING:
No members of the public were in attendance.
2) EXECUTIVE SESSION:
The Village of Hyde Park Trustees attended the meeting to discuss options for reducing costs and improving efficiency of electric operations. The Hyde Park Trustees requested to go in to executive session.
At 6:00 PM, on a motion by Trustee Bourne, seconded by Trustee Wildes and unanimously approved, the Board went into Executive Session to discuss contractual and legal matters.
At 7:10 PM, on a motion by Trustee Bourne, seconded by Trustee Wildes and unanimously approved, the Board came out of Executive Session.
The Trustees thanked the Hyde Park Trustees for attending the meeting and the Hyde Park Trustees left the meeting.
3) APPROVE MINUTES OF MEETING HELD JANUARY 4, 2010:
On a motion by Trustee Reeves, seconded by Trustee DeBor
and approved by majority, the Board approved the amended minutes of the January
4, 2010, regular meeting.
4) REVIEW 2010 DRAFT GOALS & BUDGET:
Penny provided the Trustees with an overview of the first draft of the electric, water and sewer 2010 expense and revenue budgets.
The Trustees asked a number of questions regarding each budget. Staff responded to questions and Penny confirmed the 2010 budgets all included flats usage compared to 2009 and no rate increase. In addition Penny confirmed budgets maintained the existing personnel level.
The Trustees asked staff to determine how our pole income rates compare with others, review real estate taxes and make calls to other municipals that have recently installed water meters to collect information on usage patterns post water meter installation.
The Trustees discussed various cost containment options. Staff plans to revise the draft budgets to correct several errors in the current draft budget files and staff plans to make final recommendations to the Trustees for the expense budgets at the February 1, 2010 meeting.
In addition, staff plans to present the draft capital budgets for electric, water and sewer at the February 1 meeting with the hope of having the Trustees approve the capital budgets at the February 16 meeting.
5) ADJOURNMENT:
At 8:15 PM, on a motion by Trustee DeBor, seconded by Trustee Reeves and approved by all present, the Board adjourned the meeting.
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Edward DeBor, Clerk