Clarksburg Selectmen, Finance Agree to Work Together

By Tammy DanielsiBerkshires Staff
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Finance Committee members Mark Denault and Lori-Anne Aubin spoke with the Board of Selectmen on Wednesday to clarify their board's role in town government.

CLARKSBURG, Mass. — The new Finance Committee is determining the limits of its responsibilities and pledging to work hand in hand with the Selectmen on setting a budget.

The new board of Mark Denault, Lori-Anne Aubin and Rebecca Buck were appointed by Town Moderator Bryan Tanner earlier this fall to replace committee members whose terms had been longer than the town's charter allowed.

Over the past couple months, the committee has held a number of organizational meetings to review the town's finances and the committee's own duties.

"There were things that came up that we wanted to clarify, at least our role and the role you expect from us," Denault told the Board of Selectmen on Wednesday after submitting a list of questions. "There's a bylaw with the town of Clarksburg that makes us a strong Finance Committee."

The boards had a wide-ranging conversation on the town's budgetary history and difficulties, with Chairman Carl McKinney explaining some of the particulars of certain line items, including the problematic gas inspector education payment of $293 that's coming out an account that does not yet exist. (The previous inspector's licensing had been covered by his full-time job.)

Denault said that was one of the questions that had arisen during his board's feeling out of what exactly fell under its purview.

"We're not trying to bring the town to a screeching halt, we want to be part of the solution," he said.

McKinney said the day-to-day financing operations of the town fell to the Selectmen, although he would welcome any input on process or questions from the Finance Committee. The committee is responsible for the Reserve Account (at about $10,000) and the formation of the annual budget, which it presents by warrant to town meeting.  

"Twelve or 13 years ago, I was in your shoes, too. In a previous administration, it was the position at that time with that administrator that the Selectmen made the budget and shut the Finance Committee out of it," said McKinney. "It wasn't very good and it wasn't correct."

What it did was force the Finance Committee to hold separate meetings with the department heads and duplicate the efforts of the Selectmen.

"It seemed a terrible waste of time," said McKinney.

More recent boards have worked together with the Finance Committee in developing budgets. So far they've been in agreement, but that doesn't have to be the case. McKinney said the Finance Committee submits the budget but either board can add whether it recommends a particular spending item or not.



Denault said most of his committee's questions were answered, or rendered moot once it was stated that the Selectmen had control of day-to-day finances.

"It seems much clearer to me now what we're actually responsible for," he said. "The rest of this just falls into suggestions as far as other things I put on that list for you."

As for developing the budget, he thought department heads should also submit a "wish list" so both boards would have a better grasp of long-term needs: "It's great to level fund ... but it doesn't help for the future or the five-year plan."

McKinney agreed but noted the difficulties of the past few budgets.

"Ultimately, it's the voters who are going to decide what we to do ... They're the ones paying the bills, so it behooves us to do the best we can," said McKinney. "I look forward to working both with you folks and the administration and every town department to create a realistic and sustainable budget."

In other business:


Police Chief Michael Williams explained the increases for fees on details, which are paid by the town and charged to contractors.

Town Administrator Thomas Webb said the culvert was in at the East Road bridge and the base coat of asphalt should be down by mid-December, with the finish coat done by next spring. A.J. Virgilio Construction of Westfield, which was awarded the Gates Avenue project, was doing test borings but it was expected the project may not be done until next spring.

Board of Health member Paula Wells provided a revised contract for the Berkshire Health Alliance. The cost was reduced to $326, to $2,051 per year. Half of that is required by Dec. 31 to continue the contract through June 30. The board said it would try to find the money.

"No member of the Board of the Health has the expertise to deal with all of this," said Wells. "Just get me through until we go to the budget meetings. ... This is really important."

•  The board approved the entertainment and alcohol license renewals for the Golden Eagle Restaurant and JT Golf Inc., doing business as North Adams Country Club.

The overnight winter parking ban on all town roads begins Dec. 1.

The board approved an increase in detail fees for police officers from $32 to $36 per hour and cruiser use from $10 to $18 to come into line with other communities and added a 10 percent administration fee to cover the cost of billing, collections, FICA  (borne by the town and not the contractor) and insurance. Special town events would remain at $25 an hour.


Tags: board of health,   bridge,   Finance Committee,   

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Be careful when naming beneficiaries

You might not have thought much about beneficiary designations — but they can play a big role in your estate planning.
 
When you purchase insurance policies and open investment accounts, such as your IRA, you'll be asked to name a beneficiary, and, in some cases, more than one. This might seem easy, especially if you have a spouse and children, but if you experience a major life event, such as a divorce or a death in the family, you may need to make some changes — because beneficiary designations carry a lot of weight under the law.
 
In fact, these designations can supersede the instructions you may have written in your will or living trust, so everyone in your family should know who is expected to get which assets. One significant benefit of having proper beneficiary designations in place is that they may enable beneficiaries to avoid the time-consuming — and possibly expensive — probate process.
 
The beneficiary issue can become complex because not everyone reacts the same way to events such as divorce — some people want their ex-spouses to still receive assets while others don't. Furthermore, not all the states have the same rules about how beneficiary designations are treated after a divorce. And some financial assets are treated differently than others.
 
Here's the big picture: If you've named your spouse as a beneficiary of an IRA, bank or brokerage account, insurance policy, will or trust, this beneficiary designation will automatically be revoked upon divorce in about half the states. So, if you still want your ex-spouse to get these assets, you will need to name them as a non-spouse beneficiary after the divorce. But if you've named your spouse as beneficiary for a 401(k) plan or pension, the designation will remain intact until and unless you change it, regardless of where you live.
 
However, in community property states, couples are generally required to split equally all assets they acquired during their marriage. When couples divorce, the community property laws require they split their assets 50/50, but only those assets they obtained while they lived in that state. If you were to stay in the same community property state throughout your marriage and divorce, the ownership issue is generally straightforward, but if you were to move to or from one of these states, it might change the joint ownership picture.
 
Thus far, we've only talked about beneficiary designation issues surrounding divorce. But if an ex-spouse — or any beneficiary — passes away, the assets will generally pass to a contingent beneficiary — which is why it's important that you name one at the same time you designate the primary beneficiary. Also, it may be appropriate to name a special needs trust as beneficiary for a family member who has special needs or becomes disabled. If this individual were to be the direct beneficiary, any assets passing directly into their hands could affect their eligibility for certain programs.
 
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