Draft Finance Sept. 2020 Minutes

We are recording this Zoom meeting. If anyone makes inappropriate comments, tries to sell something, is attacking someone, etc. you will be removed from this meeting.

Kate Brandes called the Finance meeting to order on September 2, 2020 at 7:13 pm.

Members Present:

Kate Brandes, Ed Bartosiewicz, Rodney Scott and Tom Stinnett.

Others Present: 

Sherry Masteller-Borough Secretary.

Comment from Citizens:   Please state your name, you have maximum 3 minutes to speak.

3- Borough residents present.  No comments.

 

Discussions:

  • Council discuss the additional $ 50.00 to the current $900.00 rent for the Borough third floor apartment.   That was suggested by Lori Campbell, Realtor when she was comparing the comps in the area. The rent includes Water, Trash & Recycling, Heat and Electric.  Council all agreed to the additional $50.00.
  • Start thinking about 2021 budget items.
  • Council looked over the financials.  T. Stinnett has a question about 01-451-500 Recreation Board Contribution~ YTD actual 9,600.00 Budget 5,400.00 unexpended 4,200.00. S. Masteller stated the Rec Board received the Yearly Contribution of $5,400.00 in June. S. Masteller will email T. Macaluso- Treasurer for the answer. Remarks: The Library donation was posted to the Rec Board account. Adjustment was taken care of September 3, 2020.

 

Meeting adjourned at 7:21 pm.

 

Next Finance meeting will be held October 7, 2020 immediately following Streets/Properties

Zoom Recording Link

https://us02web.zoom.us/rec/share/vcuWshyXrMxTdETs8aCyuH91csj4i0Ps-X_FMo63XUuWJA4aHm3G3OzWkXqGAN2V.x3EldxYwkowWw5aV

 

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