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Town of Lunenburg 
Finance Committee: 
Terri Burchfield, Chairman 
Michelle Walton, Vice-Chairman 
Peter Beardmore, Secretary 
John Henshaw 
Jay Simeone 
David Passios 
             
Lunenburg Finance Committee 
April 16, 2020 Meeting  
 
 
 
17 Main Street, P.O. Box 135 
Lunenburg, MA 01462-0135 
978.582.4139 
FAX 978.582.4148 
  
Location: Zoom Virtual Meeting 
Present: Terri Burchfield, Dave Passios, Michelle Walton, Peter Beardmore, John 
Henshaw, Jay Simeone 
Absent:  
 
1. Call to Order 
 
o Terri Burchfield, Chair called the meeting to order at 7 PM. And read the 
COVID-19 / Zoom meeting advisory statement. 
This meeting was recorded and is viewable on YouTube:  
https://www.youtube.com/watch?v=b34TBCYajNU 
 
2. ATM Warrant Discussion 
 
o Terri Burchfield outlined that the Rebecca Landry presented the CPA 
overview to the BOS earlier in the week.  
 
3. Capital Plan Review 
 
o The Town Manager reviewed recommended updates to the capital plan, 
outlined here. 
https://1drv.ms/x/s!Ah6AdYK_60697nX8tLSe9bLwvhZy?e=SS3LIc 
o The capital plan has been reduced to $664,800. The priority list has only 
changed slightly, but effectively the lower-priority half of the prior plan 
has been removed.  
 
 
4. Annual Budget Adjustments 
o The Town Manager reviewed updates to the annual budget plan, outlined 
here. https://1drv.ms/b/s!Ah6AdYK_60697naP5221Abrgz_Ei?e=Ek3P9l 

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o Free cash and expenditures have been revised to reflect changes in the 
capital plan. 
o A revised school budget is forthcoming, which will reflect a 1.58 percent 
increase, or a $192,157 reduction from the previous budget. 
o This brings the budget to a $812,913 surplus (with revenue assumptions 
that state aide will be level-funded, though we anticipate they will be 
reduced). 
o The town manager outlined that she would review OPEB contribution 
reduction with the town financial advisor. There was an elongated 
discussion on the potential effects of not following the annual OPEB 
contribution policy. 
 
5. Budget calendar 
o 4/23 – Budget review meeting (debt presentation) 
o 4/30 – sewer, general government (school update probable pending 
invite) 
o 5/7 – Finance Committee Public Hearing 
o Discussions with legislators and historical commission (to discuss CPA) 
are still pending 
o Peter Beardmore expressed concern that any discussion with the 
legislators be predicated upon an understanding of the new CH 70 
formulas and how they are adversely affecting Lunenburg. 
 
6. Public Comment 
o None 
 
7. Committee Reports 
o None 
 
8. Town Manager Report 
o The BOS voted to keep the deadline for tax payments, but defer any 
penalties and interest until June 29th. 
o The BOS voted to request $100,000 in unappropriated expenditures 
related to Covid-19 costs to the director of accounts of the department of 
local services. Currently there have been approximately $32K in related 
expenditures. 
 
9. Adjournment 
o Dave Passios motion, Peter Beardmore 2nd, Unanimously approved, 8:19 
PM