Finance Committee Meeting June 15, 2022

City Council
Holyoke Massachusetts

Pursuant to the Massachusetts Open Meeting Law, G.L. c. 30A, §§ 18-25,
and Section 20 of Chapter 20 of the Acts of 2021,
notice is hereby given of a meeting of the committee on
Finance

Wednesday, June 15, 2022
6:30 PM

Meeting to take place at
Holyoke City Hall, 536 Dwight St
and can be accessed remotely on Zoom Meetings
Per order of the Chair: Joseph McGiverin

Remote access via www.zoom.us
https://us02web.zoom.us/j/82342664207?pwd=SDhGdEtyVWhGQ1ZOZjA5cTNKVi9mZz09
Meeting ID: 823 4266 4207 Meeting Passcode: 390488 or by call in at 1 (646) 558-8656 with
the same Meeting ID and Passcode.

Agenda

Item 1: 5-17-22 MCGIVERIN — That there be and is hereby appropriated by transfer in the fiscal year 2023 from fiscal year 2022 free cash a sum of FIFTY THOUSAND AND 00/100 DOLLARS ($50,000) as follows:
FROM: FY2022 FREE CASH
TO: CAPITAL STABILIZATION FUND
Capital Stabilization Fund to be created by City Ordinance prior to June 30, 2022 for appropriation for fiscal year 2023.

Item 2: 5-17-22 MCGIVERIN — That there be and is hereby appropriated by transfer in the fiscal year 2023 from fiscal year 2022 Sewer Enterprise free cash a sum of TWO HUNDRED NINETY THREE THOUSAND AND 00/100 DOLLARS ($293,000) as follows:
FROM: FY2022 SEWER ENTERPRISE FREE CASH
TO: SEWER ENTERPRISE STABILIZATION FUND
Sewer Enterprise Stabilization fund to be created by City Ordinance prior to June 30, 2022 for appropriation for fiscal year 2023

Item 3: 6-7-22 MCGIVERIN — that there be and is hereby appropriated by transfer in the fiscal year 2022, ONE MILLION AND 00/100 Dollars ($1,000,000) as follows:
FROM:
13002-57000 SCHOOL – OTHER EXPENSES $1,000,000
TOTAL: $1,000,000
TO:
8810-10400 STABILIZATION $1,000,000
TOTAL: $1,000,000

Item 4: 6-7-22 RIVERA_I — Holyoke FY 2023 CPA Budget for City Council Approval. This budget is usually a projection of anticipated revenue from CPA collections as well as the anticipated state match (this years match from the DOR is estimated to be 35%, which is based on the previous years allocation).

Item 5: 6-7-22 MCGIVERIN — that in accordance with M.G.L. Chapter 44 Sec. 53A, the City Council hereby accepts the provisions of the “REGIONAL ECONOMIC DEVELOPMENT ORGANIZATION GRANT PROGRAM, $25,000, NO MATCH ” grant and authorizes the establishment of a Fund or other method appropriate for the accounting of the receipts and expenditures of all resources associated with the administration of said grant.

Item 6: 6-7-22 MCGIVERIN — that there be and is hereby appropriated by transfer in the fiscal year 2022, TWO HUNDRED SEVEN AND 64/100 Dollars ($207.64) as follows:
FROM:
11751-51240 TEMP/SEASONAL $207.64
TOTAL: $207.64
TO:
11751-51300 OVERTIME $207.64
TOTAL: $207.64

Item 7: 6-7-22 MCGIVERIN — that in accordance with M.G.L. Chapter 44 Sec. 53A, the City Council hereby accepts the provisions of the “DIVERTING JUVENILES AND EMERGING ADULTS FROM CRIMINAL JUSTICE SYSTEM INVOLVEMENT, $50,000, NO MATCH ” grant and authorizes the establishment of a Fund or other method appropriate for the accounting of the receipts and expenditures of all resources associated with the administration of said grant.

Item 8: 6-7-22 MCGIVERIN — that there be and is hereby appropriated by transfer in the fiscal year 2022, ELEVEN THOUSAND THREE HUNDRED FIFTY AND 66/100 Dollars ($11,350.66) as follows:
FROM:
12201-51105 FIREFIGHTERS $11,350.66
TOTAL: $11,350.66
TO:
12201-51109 PAY-ASSISTANT SUPERVISOR – ALARMS $11,350.66
TOTAL: $11,350.66

Item 9: 6-7-22 MCGIVERIN — that in accordance with M.G.L. Chapter 44 Sec. 53A, the City Council hereby accepts the provisions of the “FY23 SHARED STREETS AND SPACES, $200,000, NO MATCH, ” grant and authorizes the establishment of a Fund or other method appropriate for the accounting of the receipts and expenditures of all resources associated with the administration of said grant.

Item 10: 6-7-22 MCGIVERIN — that there be and is hereby appropriated by transfer in the fiscal year 2022, THREE HUNDRED FOUR AND 71/100 Dollars ($304.71) as follows:
FROM:
11382-53190 EDUCATION & TRAINING $304.71
TOTAL: $304.71
TO:
11381-51300 OVERTIME $304.71
TOTAL: $304.71

Item 11: 6-7-22 MCGIVERIN — that there be and is hereby appropriated by transfer in the fiscal year 2022, FIFTY THOUSAND AND 00/100 Dollars ($50,000) as follows:
FROM:
15432-57700 VETERANS BENEFITS- DIRECT $50,000
TOTAL: $50,000
TO:
19412-57630 CLAIMS & DAMAGES $50,000
TOTAL: $50,000

Item 12: 6-7-22 MCGIVERIN — Ordered, that there be and is hereby appropriated by transfer in the fiscal year 2022, TWO THOUSAND EIGHT HUNDRED SIXTY FIVE AND 00/100 Dollars ($2,865.00) as follows:
FROM:
15432-57700   VETERANS BENEFITS – DIRECT                $2,865.00
TOTAL:           $2,865.00
TO:
11571-51101   ADMIN ASST TO CITY COUNCIL                $2,865.00
TOTAL:           $2,865.00

Administrative Assistant: Jeffery Anderson-Burgos

The listing of matters are those reasonably anticipated by the chair which may be discussed at the meeting. Not all items listed may in fact be discussed and other items may also be brought up for discussion to the extent permitted by law. Also one or two items may require the committee to enter into executive session at this meeting. Agenda subject to change up to two business days (48 hours) prior to posted meeting time.

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