Committee Report - Finance - 12-18-12 — File 194158

December 18, 2012 Finance Committee Page 1 of 2 Printed 12/18/2012 REPORT OF THE FINANCE COMMITTEE Attendee Name Title Status Arrived Maryann M. Heuston Chair Present William A. White Jr. Vice Chair Present John M Connolly Alderman At Large Present Robert C. Trane Ward Seven Alderman Present Thomas F. Taylor Ward Three Alderman Present Peter Forcellese, Jr. City Treasurer Present Ed Bean Finance Director Present Omar Boukili Aide to Mayor Present Tony Pierantozzi Supt. of Schools Present Mary Jo Rossetti Ward Seven School Committeeman Present Mark Niedergang Ward Five School Committeeman Present Patricia Durette Financial Director - School Dept. Present Karthik Viswanathan Chief Information Officer Present Michael Glavin Exec. Director, OSPCD Present Joe Tringale Dir. of Operation - School Department Present Adam Sweeting Ward Three School Committeeman Present Maureen Cuff-Bastardi Alderman Ward One Present 193778 - Requesting the creation of the Assembly Square District Improvement Financing Stabilization Fund.: RESULT: PLACED ON FILE 193918 - Requesting that $5,800,000 of the $6,500,000 authorized to be borrowed in a bond to pay the costs of renovations to the Powder House Community School, on June 24, 2004, be rescinded.: Mr. Forcellese informed the members that these funds are not anticipated to be spent and that this request is to move the item off the city's books. Mr. Glavin informed the members that there has been some interest in the PHCS building expressed by private developers.

Committee Meeting December 18, 2012 Finance Committee Page 2 of 2 Printed 12/18/2012 Alderman Connolly's motion that the Administration provide the Board of Aldermen with an update on the current status of all city-owned and/or leased property, ASAP, was approved. RESULT: APPROVED 2012-194079 - Requesting an appropriation of $704,000 and authorization to borrow $704,000 in a bond for the replacement of City and School Core Network Infrastructure.: Mr. Viswanathan explained that this is a capital request to upgrade core switches, providing the city with additional bandwidth, an increased Wi-Fi footprint to support mobile computing, increased security and network performance and the ability to easily integrate with new technology. Mr. Forcellese spoke about the financial impact of this bond on the city's overall debt. RESULT: APPROVED 2012-194080 - Requesting an appropriation of $177,545 from Receipts Reserved for Appropriation - Insurance Losses to the DPW to repair public damage caused by Hurricane Sandy.: Mr. Bean told the members that this represents the first payment to the city for damages from Hurricane Sandy. The funds will be used to repair the roof of the high school. Alderman White's motion that the City Solicitor appear before the Finance Committee to discuss the methodology used by the City of Somerville in submitting claims to insurance companies for damages to city owned buildings, was approved. RESULT: APPROVED 2012-194146 - Requesting a Transfer of $365,529 from Salary Contingency-Salaries to School Department-Salaries to fund salary increases for non-union School Department employees.: Superintendent Pierantozzi spoke about the item and explained that the School Department did not require full re-evaluations of positions and did not group positions as was done on the city side. He explained the reasons for differences between the consultant's recommendations and what was approved by the School Committee. In addition to the requested amount, another $59,735 will come from other sources, bringing the total amount for these raises to $425,264. RESULT: APPROVED