FINCOM 02-09-2011

Source page 1

Town of Canton Finance Committee
C'
Meeting Minutes
Wednesday, February 9, 2011
Opening:
The regular meeting of the Canton FINCOM was called to order at 7:04 p.m. on Wednesday, February 9, 2011 in
the Salah Meeting Room of Town Hall by Alan Hines, Finance Committee Chairman.
Members Present:
Dave Emhardt, Alan Hines, Pat Johnson, Mike Loughran, Mark Porter and Jim Sims.
Members Absent:
John Friel, Jamie McCourt and Diane Wolff.
Guests Present:
Ellen Jones, FINCOM Secretary
Jim Murgia, Finance Director
A. Approval of Agenda
Chairman Alan Hines reviewed the items on the agenda.
Announcements
Chairman Hines announced that he accepted the resignation of FINCOM member Joann Krupa which was due to a
time commitment of a new job. Mr. Hines was recently contacted by Town Moderator Dick Staiti that there were 2-
3 people interested in serving on the Finance Committee.
B. Approval of Minutes
A motion made by Pat Johnson to approve the January 20, 2011 minutes as amended with Jim Sims' changes
made to his motion with regard to receiving contracts was seconded by Jim Sims. Vote: 6 -0 -0.
Minutes for the February 3, 2011 meeting were still being reviewed by members and would be voted at a future
FINCOM meeting.
C. Old Business /Open Issues
None.
D. New Business
FY12 Operating Budget Requests —
• Jim Murgia attended the February 8, 201 1 Board of Selectmen's meeting in which department heads presented
their FY 12 operating budget requests (see handout entitled Municipal Departments Operating Budgets dated
2/9/ 1 1).
• Mr. Murgia explained that the FY 12 base budget request was lower than the FY I I voted budget because of
attrition. This attrition was due to some positions that had been left unfilled after retirements.
• The process by which Mr. Murgia uses to come up with budget target numbers will be discussed at a FINCOM
meeting the following week.
• The School Department has put together an FYI 2 budget which had been forwarded to FINCOM members, but
this budget had not yet been approved by the School Committee.
• Mr. Murgia reported that the School Committee met with the Capital Planning Committee (CPC) on Tuesday,
February 8, 2011 and that the Board of Selectmen (BOS) met with CPC on Thursday, February 3, 2011.
• The Finance Director stated that typically the FINCOM waits to vote on capital budget requests until CPC has
voted on the requests.
• The Finance Director reported that another possible source of funds for the snow and ice budget shortfall could
be approximately $25,000 to $30,000 from the street lighting budget.
Canton FINCOM Minutes 2/9/2011 Page I of 2/13/2011