Financial Forecast 12-12-23 City of Beverly Financial Forecast Committee
December 12,2023
Meeting Minutes
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G1 i CITY OF BEVERLY
r\ $: 30 PUBLIC MEETING MINUTES
BOARD OR COMMISSION: City of Beverly Financial Forecast Committee
DATE: December 12, 2023
LOCATION: Beverly City Hall, 191 Cabot Street, 3,d Floor Chambers
CITY COUNCIL APPOINTEES: Chair Kathleen Feldman, Karen Fogarty, Ward 4 Councilor
Scott Houseman
SCHOOL COMMITTEE Dr, Jeffrey Silva, Lorinda Visnick, Giuliana DiGenova
APPOINTEES:
MAYORAL APPOINTEES: Paul Manzo
BY ORDINANCE: City of Beverly Director of Finance Bryant Ayles
EX OFFICIO: Gerard Perry
MEMBERS ABSENT:
OTHERS PRESENT: Beverly Public Schools Superintendent Dr. Suzanne
Charochak, BPS Human Resources Director Erin Brown,BPS
Finance Director Jean Sherburne
RECORDER: Naomi Moca
1. Opening Comments by the Chairperson & General Committee Discussion
Chair Feldman calls the meeting to order at 6:30 p.m.
2. Approval of minutes
a. December 5, 2023
The members review the December 5, 2023 draft meeting minutes.
Houseman: Motion to accept the December 5, 2023 meeting minutes as presented.
Fogarty seconds. Motion carries (9-0).
3. Approval of the Final Draft Report
The Committee discusses the pros and cons of including the expenditure for road maintenance in
the document. The members agree that it is a financial forecast document based on the data that
is generated by the municipal offices and the schools. The Committee discusses whether the
document is reflective or directive.
The members review and offer edits to the City of Beverly Financial Forecast FY 2024 TO FY
2028 document with the input of Dr. Charochak and Director Sherburne.
Visnick: Motion to approve the Financial Forecast FY 2024 to FY 2028 report as
amended. Ayles seconds. Motion carries (9-0).
4. Closing Commentary
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City of Beverly Financial Forecast Committee
December 12,2023
Meeting Minutes
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Feldman expresses gratitude to the members.
5. Adjournment
Visnick: Motion to adjourn. Manzo seconds. Motion carries (9-0).
Meeting adjourns at 7:30 p.m.
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