Committee on Finance and Salaries approves payroll and $3.74M accounts-payable warrant; tables two items until next week

2495350 · February 11, 2025

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Summary

The Committee on Finance and Salaries approved a payroll warrant of $1,622,275.89 and an accounts-payable warrant totaling $3,740,951.12 with listed large expenditures; the committee also tabled consideration of dissolving two revolving funds and a request to raise TMLP commissioner stipends until a later meeting.

The Committee on Finance and Salaries met and approved the weekly payroll and accounts-payable warrants as presented.

The payroll warrant was approved in the amount of $1,622,275.89. The accounts-payable warrant approved totaled $3,740,951.12. Committee materials highlighted several large items on the accounts-payable list: approximately $128,000 for group dental insurance; roughly $296,000 for student transportation; $116,000 and $234,000 for student tuition to the May Institute and Reid's Collaborative respectively; $862,000 for South Coast Educational Collaborative student tuition; approximately $203,000 for electricity and internet payments; and about $155,000 in interest payments to US Bank.

Committee members then noted two agenda items would be deferred at the request of Councilor Borges: (1) discussion of potential dissolution of the airport and parking commission revolving funds effective June 30; and (2) a request to increase Taunton Municipal Lighting Plant (TMLP) commissioner stipends. Both were tabled until next week.

Ending: Warrants were approved by voice vote and the committee directed the postponed items be brought back at the next meeting with Councilor Borges present.