FINCOM 01-11-2012

Source page 1

Town of Canton Finance Committee voted ; (1 Z s /) Z
Meeting Minutes vok " 6-0-0
Wednesday, January 11, 2012
Opening:
The regular meeting of the Canton FINCOM was called to order at 7:05 p.m. on Wednesday, January 11, 2012 in
the Salah Meeting Room of Town Hall by Alan Hines, Finance Committee Chairman.
Members Present:
Rob Barker, Dave Emhardt, Alan Hines, Pat Johnson, Jim Sims and Eric Zine.
Members Absent:
Mark Porter and Diane Wolff,
Guests Present:
Jim Murgia, Finance Director
Ellen Jones, FINCOM Secretary
A. Approval of Agenda
Chairman Alan Hines reviewed the agenda items.
Announcements
The next FINCOM meeting would be held on Thursday, January 19, 2012 at 7:00 p.m. in the Salah Meeting Room.
Mr. Hines requested that FINCOM liaisons continue to reach out to departments for follow up to FINCOM
questions.
B. Approval of Minutes
A motion made by Pat Johnson to approve the December 8, 2011 meeting minutes as written was seconded by
Rob Barker. Vote: 6 -0 -0.
C. Old Business /Open Issues
Reserve Fund Transfer Request — Historical Commission - $2,275.00 (handout)
Dr. Johnson recused herself from discussion of the Reserve Fund Transfer Request because she is a member of the
Historical Commission.
The Historical Commission had submitted a Reserve Fund Transfer Request form for $2,275.00 at the previous
FINCOM meeting held on December 19; 2011. This transfer would be used to cover the expense of a condition
survey of gravestones at the Canton Corner Cemetery. The survey would then provide the required information to
enable the Historical Commission to apply for and receive monies through the grant process.
Mr. Sims sought clarification from Dr. Johnson as to the FY 12 expenses spent year to date by the Historical
Commission. Dr. Johnson provided an explanation that the Historical Commission had spent approximately $3,000
of the FY12 budget to hire Peresi Preservation Consulting to help with an initial tour of the cemetery and the
resetting of some tombstones. Dr. Johnson further stated that in prior years the Historical Commission had spent
their budgets on historic home surveys. There was no further discussion on the transfer request.
A motion made by Rob Barker to approve the transfer of $2,275.00 from the FY12 Finance Committee
Reserve Fund budget ( #11322 - 59600) to the FY12 Historical Commission Purchase of Services budget
( #16912 - 52000) was seconded by Eric Zine. Vote: 4 -0 -1. (Mr. Sims abstained from the vote and Dr. Johnson
recused herself from the vote.)
D. New Business
Canton FINCOM Minutes 01/11/2012 Page 1 of 01/13/2012