Canton, Massachusetts · Saved source text
FINCOM 02-12-2008
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Town of Canton Finance Committee Meeting Minutes for Executive Session February 12, 2008 Opening: A meeting of the Canton FINCOM with the Board of Selectmen and School Committee was called to order at 6:00 p.m. on 2/12/08 in the Salah Meeting Room at Town Hall by Ted Powell, Finance Committee Chairman. A roll call vote of the FINCOM members present was taken by the FINCOM secretary to enter into executive session: Sepp Bergschneider — Yes, John Demoy — Yes, Dave Emhardt — Yes, John Friel — Yes, Alan Hines — Yes, Ted Powell — Yes, Alan Reese — Yes, and Jim Sims — Yes FINCOM Members Present: Sepp Bergschneider, John Demoy, Dave Emhardt, John Friel, Alan Hines, Ted Powell, Alan Reese, and Jim Sims. Guests Present: Bob Burr, Chairman, Board of Selectmen John Connolly, Board of Selectmen Avril Elkort, Board of Selectmen Sal Salvatori, Board of Selectmen Victor DelVecchio, Board of Selectmen John Bonnanzio, School Committee Chairman Rob Barker, School Committee Member Reuki Schutt, School Committee Member Rob Barker, School Committee Member Laura Hallowell, School Committee Member Paul Matthews, School Committee Member William Friel, Town Administrator John D'Auria, Superintendent of Schools Jim Murgia — Finance Director, Town of Canton Ken Leon, Director of Finance, Canton Schools Mike Loughran, Town Legal Counsel Judy Nelson, Admin. Secretary, BOS Ellen Arsenault, Admin. Secretary, FINCOM Collective Bargaining, Budget, and Property Tax Override Discussion: Mr. Burr began the meeting by describing the town's financial situation, its anticipated revenue growth over the next three years, and the effect of these items on both collective bargaining efforts and the override request received from the School Committee. While acknowledging that an override may well be required in FYs 2010 and beyond, Mr. Burr cited several mitigating Canton FINCOM Minutes 10/23/07 Page 1 oft 10/14/2009
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circumstances and indicated that the Selectmen are recommending that the Finance Committee support a one -time use of free cash of $700K for FY 2009 to fund a partial restoration of school and municipal services. Members of the Finance Committee asked for clarification on, and expressed concern about, a number of issues. The Selectmen requested that the Finance Committee deliberate on the request and report its conclusions to the BOS by Tuesday, February 26, 2008. Adjournment: Motion to come out of executive session and adjourn the meeting at 6:45 was approved by an 8 -0 vote. Minutes prepared by: Alan Reese Respectfully submitted, ;1 Ted Powell Chairman, Canton Finance Committee Canton FINCOM Minutes 10/23/07 Page 2 oft 10/142009