late and he said start without him we are going to indulge him in that so it is six o'clock we have a seven o'clock selections being so we have to keep it moving so st order of business is an executive session to conduct strategy sessions in preparation for negotiations with and rates and transmission rates just to show where we are so we are on top of this car brings now was the reason for the peak is may be better than the high so forth passo the auction process so other than that where moral last you know stable and ok if you're pulling out the power production expenses from from the comparison i can again like i can go many so for the six months that we're looking at we're seeing a non trivial variance how much of that was predicted going into the year and how much of that was a surprise now that we're years in advance and so that highlights our need to make sure we're monitoring these markets closely to implement p p t a zur rate stabilization  increases along that path so when we hit this peak you don't notice and so so i guess ultimately what i suppose what i'm getting at is i see a comparison that you do every quarter to last year but i never see a comparison to budget and part of these i'm asking is just this idea of something in some sense last year  prepared going forward so that we can look at the budget variance as opposed to just the over years short answer is yes we're going to get the budget in december because they are on a calendar year in the light department but we don't see it but we're just going to love the look at it here saying you anticipated that back in five year you know prior years i would not just comparison to one year but you can have a year where there's a weird thing that happens in the energy market and maybe over a five year comparison to be more smoothed we're thinking about thirty but we can  so there is going the other thing which again i just want to mention that purchase pound transmission just now we don't want to change the charge we started applying to all our bills on july  so that will that coupled with this we can get more of a handle on this and i know you were chris you weren't involved in the budget last year if you weren't here so you know i you know you're coming in midstream so i guess in how much is currently in the rate stabilization  read stabilization fund to be funded at and on the other hand what kind of a rate increase you know customers might see if you increase the p p t a so i'm not sure what what that calculus was when at this point i guess if we're talking about taking out of the rate stabilization fund i mean i guess if i understand the question  thought is how long because any increase in p p t a is a rate increase and so how long we could keep the two mills going for you know several years and have no increase or we c eliminate the p p t a and use the rates stabilization cash and i guess i'm not and i don't have a good feel for what the group would be looking for in terms of approach to that well i guess i don't know if i should look to forrester or others but just what did what was there i think we had a goal as to what the rates labels ation fund balance roughly should be sure is it where we want to is it a bit more than what we wanted and therefore it would make more sense to take the money out of that fund you know if you want to our goal was like three months of our purchases which is roughly about four million plus minus we are not reaching that goal yet but we don't want to we want to eliminate the burden on our customers with the high church and dry and see big the the bottom line here is that six months the net income is one hundred and sixty four thousand versus two million to a year ago and if it continued one hundred and sixty four thousand that's not enough to make the pile so i had a as maria if it was possible to see if we drew one the ra so least we know that the question then becomes whether or not you want to draw down on the stabilization fund for this expense or not which we don't have to make a decision today it sounds like a rd order decision but maybe a fell back wants to talk about it and certainly be interested in hearing your recommendation for when we take this up in a few months and we're not going to vote tonight so i mean this is just a rope just for to be clear for the public this is just a report of the nd quarter financials we were expecting some of this so it's not a panic or anything it's not great news but it's not unexpected news and it's a blip and hopefully that's all it is and we have the money in the bank to pay for it and we'll work it through but it's a question of you know going forward and i think they're ideas so meeting to discuss the light board advisory committees charge that electrical but leave your guys one of the rest of the who's here wants to bring up a chair feel free we can share some microphones  jackson for his years of service as she is moving out of town and disengaging from belmont she's done really good workers sad to see her go we're excited to have dave on and here it is st meeting advisory committees written purpose was a little old and out of date so we've asked labor advisory committee to go back and come up with what they think what they actually do and to sort of write it down so we could give them an appropriate charge so we all understand what was exactly what is the balance between what the l back does what the life or does what chris is the general manager does energy committee is also in the mix here as you know we father kelly was board so i think i'd hoped there'd be a couple minutes just to get feedback as to what that balance was and one of the examples i'd just use to illustrate a little bit of what i was talking about is that in june there was a board meeting there was an al back meeting the agendas for both those meetings were virtually the same and i don't think i'm not saying that was that i'm not criticizing that because i think that we what went into it both thinking we needed to cover those topics but it does raise to me whether we can be a little more efficient whether there's some things that they'll back and step back from and get maybe more feedback from the whiteboard as to exactly what we want to get into as those topics arise or the white board could say wait a nd there's things that we want to step back from way for recommendations from fell back on so you know i understand this isn't a maybe of two minute conversation so the way i was looking though i have always looked at it is sort of we're sort of the light boarders or the people's representatives we are elected whether as selectman or whatever we're still elected like board right so we're sort of the people the rate payers representatives make sure that everything is done properly money's not wasted that they're not being overcharged and all of that sort of thing and that it's run properly however we are not experts in utilities be blatant put that on the record so i think so what we do is rely upon obviously the general manager and the staff at the light department however there's the independent body of the well back the life or divisoria committee that is you guys are experts in this field in your made up of various members that are chosen with various skill sets and i sort of look upon you  sort of our outside technical expertise to sort of tell us that this is ok or this is not ok and then one of the reasons why i think the june me the june agendas were similar is that l back was meeting st and then my idea was to have al back give us their thoughts on these issues and then we would vote on the mix i value your opinion and i wanted to hear what you had to say and what you thought before we voted yeah do we legally need to have you weigh in no i want you to weigh in because you know this stuff better than we do and i  think when you say something it i find you explain it well some of these things are extremely technical and we've often we've had we had lately that a lot of things that are very technical the purchase power policy the items we just discussed with regard to the budget impact obviously the new general manager and there's been a lot of things happening at the light department lately not bad things but you know this substation project is ongoing is a lot of big time stuff going on that we really really need your input i don't want to policy that i think is going to be working is going to work well with a few little tweaks and some other things so i you know i i don't want to raise necessarily concerns but just going forward i don't want people to think oh here's something on the agenda four days later this is like we're going to hear it sort of novo and well it's not to know because you came in you told us what lightwell back  duplicated effort now there may be times when there are it is and we need to eliminate that for sure but maybe yet others maybe want to should they may not have the same concerns that are issues that i do that's why you're all here so i think i  manager and some of the nature of the projects that seems like is tackling which is how can al back also work with belmont light and be a resource for them on certain projects and and how do we have that dialogue across because i think the charter focuses a lot on the light board right and our relations to that but i think there's also a question of when opportunities come up do they call upon us do we feel like how do we work with them a ton or stand opportunities projects charge as of a few years ago has been changed to light board advisory panel so you know i think there's a lot of room for tweaking the charge to make it a little bit management policies and plans and programs but there's more than just d s m that you do that's right and then you also wait on the budget issues like we just had that discussion i mean so i think those things could all be inserted honestly need to throw this all out it's a framework but i think it's not you're doing more than what it says which is a good thing and the extreme which is make sure that this says we could and i think we'd be happy to work on is the charge and get back to you with it if that's nice that is that that's sort of i think we were thinking i don't know to be great because obviously it's not an emergency because you know we're going well and it's no one's arguing about it but you know i could see some day in the future if there were a fight in a turf war over whose authority this is there that it would be good to have it down in writing so that there's no it's clear also that people don't duplicate effort and you talk with the energy committee for instance i mean the energy committee has a broader scope than well back i mean they encompass something like department but they also deal with energy conservation and other issues all over town in the school buildings and in the car of the car the heat pumps and things that are not necessarily bomb out light in particular so there's a there is they have a role to play in this but there is more of like an advocacy i see it more of an advocacy thing more that as you were as yours your role is more of a technical advisory role to the light board and i guess to the like department is as chris feels he needs obviously chris as a whole in ho of electricians and engineers and people who probably don't need my you put the you know there yeah i'm sure there are things certainly when they rise to the policy level were for instance like the purchase power policy we could not have done that without al back for sure you guys did like you in the energy committee and i did heavy lifting on that i don't know chris i mean we certainly want to be consistent with what chris says interests and feelings are on this and i hope what we're talking about is you know he's not stepping on anybody's toes about my life so i think just a couple of things i want to add to the conversation i think moving forward  topics of discussion generally going to be rates we're using you know one of the items from today is an example how do we pull from the rates there's a sion account do we because it has an impact on the community so as the voice of the community what you know what do you think your neighbors would like to see do we should we pay it off in cash or we drag out a longer term small increase you know those are the things i forsee you know certainly bringing to the table because what the belmont community might want to see would be different than say my own community where i live and so that's where you have to get the local flavor from the neighbors communicating with one another that's going to play a role in this term in time use rates critical peak pricing all these are tailoring the policies to match what the belmont community wants to see and so then you know drawing on the power supply policy and then i can take that back and execute it in accordance with the plan of the policy developed by the community and so those are the items i see rates power supply those go on for many many meetings and so you know in my experience anyway and so those don't nest that result in decisions and each meeting it's just an ongoing discussion that ultimately i think when people decide that it's some of those issues that will be relevant in advance the more opportunity sort of al back has to be able to consider and weigh in on those in the more this becomes sort of a progression and you know the directory miscible is giving this some thought they're presenting some ideas to l back up back as an opportunity to consider them and then could ultimately come to us when it finally gets our agenda through with your perspective as well as to your commentary and some of those things but some of that may require a little bit of a dance planning you can't do that when it hits the of what the comments you're hearing maybe show it to chris get some comments then bring it to us and we can all maybe meet again together on if you all want to come or just and steve's up to you  so if you need the extra escape valve however if you give it because this isn't i mean it's honestly it's two paragraphs this isn't a lot of language here and that and i would do want to emphasize we i don't really want i don't want to do anything without the committee consulting with chris of me that's course there should be anything that we present to you that chris hasn't been solved no i think that's appropriate i think in the good news is you know i think i'll back the light board energy committee the light department been working really really well together i add to what you were saying i think this has been a very very smooth year and there's a lot been a lot going on but we've tackled it i think pretty efficiently so we have no doubt we will continue to do so so we're on track to finish the completed project this fall and then concurrently we're also ordering cable to pull into the condo that's already been completed so that's going well and just a quick snippet into project c that's a preparation phase the started we've done some animal surveys replaced a few switches reconfigured a circuit and so projects b and c are moving along and so that's if you see the crews out there that's largely what they're working on b and c and just a couple another note worthy component we signed an updated license and maintenance agreement worthy i've received more and more phone calls broadband and so one resident contacted me saying she intends after her august vacation to circulate some form of sort of community survey or petition to clean aging trust on broadband so i thought i would bring that your attention on if you see that out there it's been more than one phone call it receives so there could be something would discussion out the community and prepared for the ninety plus degrees that we have coming up with the post agrees we are prepared project b we're still we just hold holding on until project be complete after that break in the light and these sports like when reading will begin