Canton, Massachusetts · Saved source text
BOS minutes 11-15-16
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~-~:.," c, ~ "a ~¨ ~~F~ Board of Selectmen Minutes November 15, 2016 Memorial Hall, 801 Washington Street, Canton, MA Salah Meeting Room 7:00 p.m. Board members Chairman Robert E. Burr, Jr. ~ Vice Chairman Mark J. Porter ~ Clerk Kevin T. Feeney ~ John J. Connolly ~ Victor D. Del Vecchio Meeting was called to order at 7:05 p.m. William Galvin and Rocco Digerlamo, Board of Assessors and Karen Zukauskas, Director of Assessing, were in attendance for the Assessor's Classification Hearing. Mr. Galvin discussed with the Board the assessments of the average homes, condos and businesses in Canton. He noted that there are 4.5 billion dollars in property in Canton that is taxable. He noted that the Assessors were recommending that the shift stay the same (1.67%) resulting in a residential tax rate of $12.79 and commercial tax rate of $26.34. Motion was made to accept the Board of Assessors recommendation to set the tax rate for 2017. Motion: Mr. Feeney Second: Mr. Del Vecchio Vote: 5-0 The Finance Committee was before the Board of Selectmen to discuss the Town's reserves. Chairman of the Finance Committee, Barbara St. Andre, called the Finance Committee meeting to order. The Board of Selectmen and the Finance Committee had a discussion regarding the reserves. Ms. St. Andre noted that the Town is currently two million dollars over the goal reserves of 15%. She noted that she has not communicated with the Capital Planning Committee because they wanted to discuss this with the Board first. After the discussion, the members were all in agreement that the 15%goal is what should still be met. Mr. Aspinwall suggested reaching out to Standard and Poor's for their recommendation on what to do with the additional reserves. Mike Trotta, Superintendent of Public Works, provided the Board with an update on the Water Main project in Canton. He explained that the old 6" pipe was insufficient and was being replaced with an 8"