FINCOM 03-12-2009

Source page 1

Town of Canton Finance Committee
Meeting Minutes
Thursday, March 12, 2009
Opening:
The regular meeting of the Canton FINCOM was called to order at 7:05 p.m. on March 12, 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, Adam Mazonson, Alan Reese, Jim Sims and Diane Wolff.
Guests Present:
Joe Croce, Member, Capital Planning Committee
Gene Manning, Chairman, Capital Planning Committee and Economic Development Committee
Jim Murgia, Finance Director
Rob Philips, Member, Capital Planning Committee
Ellen Jones, Secretary, FINCOM
A. Approval of Agenda
The agenda was 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
Article 5 -Collective Bar~alnlnE Agreements and Non-Union Emnlovment Agreements under the BOS
• This article would fund the cost ($1 1,485) of a 2Yz% COLA for six employees in the AEA union for FY 10.
The Animal Control Officer is due a step increase, all others are at the top step.
• The Memorandum of Agreement also includes equity adjustments (not included in the $1 1,485) for three
employees and two early retirement incentives at a cost of $7,500 each. These six employees are also due
to receive longevity payments in FY 10 as well.
• The Firefighters Union had not settled by the deadline. The BOS voted to defer to town meeting.
• If ATM does not approve this article, the AEA union and Town would go back to negotiations.
• A hold was placed on this article until the Director of Finance provides more information to FINCOM.
Article 9 -Supplement Fiscal '09 Accounts
The Director of Finance presented to the FINCOM the following four FY09 supplements for them to vote on:
l) $189,710 to individual departments from Dept. 910 (Employee Contract Benefit) to fund FY09 COLAs.
2) $275,000 to reimburse the BOS legal budget for the use of NSTAR funding for legal expenses.
3) $300,000 from free cash to the snow and ice budget.
4) $300,000 from overlay surplus to the Assessor's Dept. of funding the triennial and decennial revaluations.
FINCOM would like by Monday, March 16 a table listing the FY09 supplements. FINCOM members were
concerned at the BOS decision over the legal budget without FINCOM's input. FINCOM also discussed differing
opinions on the control of the Assessors overlay surplus.
Canton FINCOM Minutes 03/12/09 Pase I of ~ 3/7/2010