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Finance Committee Before Meeting #8

We met at 7:30 before Town Meeting, as usual.  We had business tonight.  We discussed Article 44.  The article itself is OK, but there is a modification to the insurance budget.  The change causes money for health expenses for retirees to be first appropriated into the OPEB trust fund, and then spent from OPEB to cover the expenses. It was noted that Wellesley has similar legislative language to us, and they don’t bother with this detail.  The amended insurance budget was voted unanimously.