FINCOM 02-03-2011

Source page 1

Town of Canton Finance Committee
Meetine Minutes
Thursday, February 3, 2011
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Opening:
The regular meeting of the Canton FINCOM was called to order at 7:10 p.m. on Thursday, February 3, 2011 in the
Salah Meeting Room of Town Hall by Alan Hines, Finance Committee Chairman.
Members Present:
Dave Emhardt, John Friel, Alan Hines, Mike Loughran, Jamie McCourt, Mark Porter, Jim Sims and Diane Wolff.
Members Absent:
Pat Johnson and Joann Krupa.
Guests Present:
Ellen Jones, FINCOM Secretary
A. Approval of Agenda
Chairman Alan Hines reviewed the items on the agenda.
Announcements
FINCOM member Pat Johnson, CPC liaison, was attending the joint meeting of the Capital Planning Committee and
Board of Selectmen at the Armando Center at the same time as the FINCOM meeting.
B. Approval of Minutes
A motion made by John Friel to approve the December 11, 2007 Executive Session meeting minutes as
written was seconded by Jim Sims. Vote: 5 -0 -3.
A motion made by John Friel to approve the February 12, 2008 Executive Session meeting minutes as written
was seconded by Jim Sims, Vote: 4 -0 -4.
A motion made by Dave Emhardt to accept and approve the July 13, 2010 BOS- authored Executive Session
meeting minutes as the FINCOM minutes with an edit to the minutes that Alan Hines' name be added to the
list of FINCOM members in the minutes was seconded by Mike Loughran. Vote: 4 -0 -4.
The FINCOM members discussed the January 20, 2011 minutes and agreed to postpone voting on these minutes
until Jim Murgia's position was properly reflected in the section regarding Revenue Projections. Jim Sims requested
that the motion he made in the section regarding collective bargaining agreements be reworded. Chairman Hines
will make revisions and redistribute the January 20, 2011 minutes to FINCOM members for voting at a future
meeting.
C. Old Business /Open Issues
None.
D. New Business
Finance Committee FYI I Budget (Purchase of a Projector) — A motion made by Jim Sims to approve the
purchase of a projector from the FYI I FINCOM budget for the purpose of projecting financial information
and exhibits at future Finance Committee meetings was seconded by John Friel. Dave Emhardt spoke against
this motion because the motion lacked a specific dollar amount to be spent on the projector. The motion was
amended to include a specific dollar amount: A motion made by Jim Sims to approve the purchase of a
Canton FFNCOM Minutes 2/3/2011 PaEe 1 of 5 2/7/2011