FINCOM 20190313 Minutes

Source page 1

Meeting of the Canton Finance Committee Minutes Voted on: 3/27/19 
Meeting Minutes Vote: 8-0-1 
Wednesday, March 13, 2019 
Finance Committee Members Present: 
Christos Arsondiadis, Rob Barker, Dan Cole, Cynthia Holcombe, Emilio Mauro, Tim McKenna, Barbara Saint Andre, 
Cindy Thomas and Wai Wong. 
Finance Committee Members Absent: All members were present. 
Guests Present: 
Jennifer Fischer -Mueller, Superintendent of Schools 
Ellen Jones, Finance Committee Secretary 
Kristin Mirliani, Chair, School Committee 
Jim Murgia, Finance Director 
Barry Nectow, School Business Administrator 
Other Guests Present: 
Mike Berger, Reporter, Canton Citizen 
Meg Gannon, School Committee 
Mike Loughran, School Committee 
Reuki Schutt, School Committee 
Opening: A meeting of the Canton Finance Committee was called to order by Chairman Barker at 7:03 pm. on 
Wednesday, March 13, 2019, in the Salah Meeting Room of Town Hall. 
A. Approval of Agenda 
Chairman Barker reviewed the items on the agenda which included a discussion with the School Department 
regarding the FY20 operating budget, Article 18 to increase the Special Education Reserve Account by transfer 
from free cash and a Reserve Fund Transfer Request. 
B. Announcements 
There were no announcements. 
C. New Business 
Discussion with School Department regarding FY20 Budget, Article 18 - Special Education Reserve Account and 
$125,000 Reserve Fund Transfer Request 
FY20 Budget 
Superintendent Fischer -Mueller thanked the Finance Committee for their support from last year with the 
additional $500,000 being added to the School Department Budget on a go -forward basis and the support of 
$700,000 added to the Special Education Reserve Account. Ms. Fischer -Mueller turned the discussion over to Mr. 
Nectow. (See meeting documents for extensive information regarding the School Department FY20 budget 
requests.) 
Mr. Nectow referred the Finance Committee members to the Executive Summary/Presentation Outline. 
• The School Department is seeking a 5.45% budget increase that would amount to a $2,308,996 increase. 
FINCOM 20190313 Minutes Page 1 of 6 3/16/19