FINCOM 20220223 Minutes

Source page 1

Canton Finance Committee Minutes Voted on: 3/9/22 
801 Washington Street Vote: 6-0-2 
Canton, MA 02021 
Meeting Minutes 
February 23, 2022 
Finance Committee Members Present: Dan Cole, Tom Emery, Karen Foley, Emilio Mauro, Tim McKenna, and 
Cindy Thomas. 
Finance Committee Members Absent: Dave Clough and Reuki Schutt. 
Guests Present: 
Charlie Aspinwall, Town Administrator 
Derek Folan, Superintendent of Schools, School District Administration 
Ellen Jones, Finance Committee Recording Secretary 
Stephen Marshall, Director of Finance and Operations, School District Administration 
Michelle Resendes, Business Manager, Blue Hills Regional Technical School 
Jill Rosetti, Superintendent -Director, Blue Hills Regional Technical School 
Randy Scollins, Finance Director 
Maureen Sullivan, Clerk, Canton School Committee 
Call Meeting to Order: Chair McKenna called the virtual meeting to order at 7:04 p.m. 
School and Municipal Budget Targets for FY23 — Discussion and Vote - Randy Scollins 
Mr. Scollins reported that he had spoken to Mr. Arafat, the Veterans' Agent, and the Governor's proposed State Aid 
budget will be a reduction of $5,577 to the General Government aid that the Town receives. Mr. Arafat , VSO, 
reported that the state will be issuing a correction of the Veteran's Benefits account that should result in an increase 
of approximately $50,000 to $80,000. 
Mr. Scollins shared on the Zoom meeting screen a 2-page document entitled "Guideline Used to Establish Operating 
Budget Targets". (This document has been made a part of these minutes.) Page 1 showed the typical formula used 
for determining a guideline for the Municipal and School budget targets. Page 2 was a modified version indicating 
$420,000 of FY23 State Aid School increase being shifted from the School Department to Municipal Budgets. The 
following are some of the highlights of the budget target discussion among town and school officials and the Finance 
Committee. 
• $112,697,097- The total FY23 general revenue estimate voted by the Revenue Committee. 
• Under the typical guideline used to establish operating budget targets, the total FY23 general revenue 
estimate is reduced by various items such as FY23 State Aid, FY22 base budgets for the School and 
Municipal departments, and FY23 Fixed Costs, Stale and County Charges and FY23 School and Municipal 
cash capital allocations resulted in a total of $109,793.776 reduction to FY23 revenue to determine 
incremental new funds, excluding State Aid increases, for School and Municipal Budgets for FY23. The 
New Funding for the FY23 budget excluding State Aid Change totaled $2,903,321. 
• The 66.93% School Department share of $2,903,321 is $1,943,091. Adding this to the FY22 school base 
budget and the FY23 State Aid School increase results in an FY23 School Budget Target of $51,078,405. 
• The 33.07% Municipal Departments share of $2,903,321 is $960,230. Adding this to the FY22 municipal 
base budget and the current decrease of the $5,588 General Government state aid decrease results in an 
FY23 Municipal Budget Target of $24,572,680. 
Mr. Scollins reported that the State Aid came in weighted to the School Department side of aid. If this is lined up with 
the target numbers with the original requested budget, the School Department would have an approximately 
$600,000 surplus. The $24,672,680 Municipal budget target would have an approximately $658,000 deficit to cover 
all of its FY23 budget requests. 
Mr. Scollins stated that over a few weeks preceding the Finance Meeting, discussions took place among the Finance 
Director, municipal officials, the School Superintendent and the School Committee. At Mr. Scollins suggestion the 
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