FINCOM 02-26-2009

Source page 1

Town of Canton Finance Committee
Meeting Minutes
Thursday, February 26, 2009
.I~~1~~~
~,
(~
Opening:
The regular meeting of the Canton FINCOM was called to order at 7:03 p.m. on February 26, 2009 in the upper
meeting room of the William J. Armando Recreation Center by Dave Emhardt, Finance Committee Chairman.
Members Present:
Dave Emhardt, John Friel, Alan Hines, Pat Johnson, Alan Reese and Jim Sims.
Guests Present:
Tracy Kenney, Town Clerk
Jim Murgia, Finance Director
John Wieliczki, Director of Assessing
Ellen Jones -Secretary, FINCOM
A. Approval of Agenda
The agenda was not reviewed by the FINCOM Chairman.
Announcements
There were no new announcements.
B. Approval of Minutes
There were no minutes submitted for approval.
C. Old Business/Open Issues
None.
D. New Business
The Town Clerk was present to provide information and answer FINCOM questions regarding the following capital
request:
58,850 Global Election Management System -Town Clerk -This request is for a voting system to replace the
10-year old system currently in place. The present vendor will no longer support the existing system. The Town
Clerk will be allowed to use a demonstrator model for the upcoming election in April. The new system will be in
place for FY ] 0. The Town Clerk asked for permission to transfer $9,000 of remaining funds from a completed
record retention project that had been approved through a prior town meeting article. This transfer request will be
voted as a motion under the Omnibus Capital Article at town meeting.
The Director of Assessing was present to provide information and answer FINCOM questions regarding Article 9
and Article 41.
Article 9 -Supplement Fiscal '09 Accounts -Assessors Department -The Director of Assessing reviewed for
the FINCOM the process of the upcoming 10-year reevaluation. Under Article 9 a $300,000 transfer from the
Assessor's overlay surplus will supplement the Assessor's budget for the 3-year and 10-year upcoming revaluations.
The RFP for the 10-year revaluation should be ready in a week or so. The inspections of homes will begin as soon
as the transfer is approved at town meeting. There could be substantial new growth as a result of the revaluations of
homes, but may not be as high as $1,000,000 ten years ago. The Director of Assessing felt that new growth
associated with Reebok was included in the $1,000,000 figure.
The Director of Assessing indicated that the Board of Assessors will send a letter to the Finance Director releasing
$300,000 in addition to the $500,000 that will be released.
Canton FINCOM Minutes 02/26/09 Page I of3 6/29/2009