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FINCOM 20240124 Meeting Documents
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FINCOM 20240124 Agenda.docx Finance Committee Meeting Agenda This meeting is being recorded by the Town of Canton. Items may be taken out of order. (Minutes Primary/Alternate: Karen Foley / Tim McKenna Call Meeting to Order New Business: (times are approximate) 7:00 PM Discussion – Summary Review – FY25 Municipal Operating Budget Requests – Randy Scollins 7:15 PM Discuss and Vote the following FY25 Municipal Budget Requests – Randy Scollins #133 Director of Finance #135 Town Accountant #145 Treasurer/Collector #710 Principal Payments – General Fund Principal Debt Service Payments FY25 #751 Long-Term Interest Payments – General Fund Interest Debt Service Payments FY25 #752 Short Term Interest Payments #911 Retirement Benefits – Norfolk County Retirement System Assessment #914 Employer Share – Health Insurance #915 Employer share – Life Insurance #993 OPEB Transfers – Other Post-Employment Benefits #610 Water Enterprise Principal and Interest Payments – Water Debt Service Payments FY25 #600 Sewer Enterprise Principal and Interest Payments – Sewer Debt Service Payments FY25 #700 Rink Enterprise Principal and Interest Payments – Rink Debt Service Payments FY25 #433 Trash Collection #116 (was #990) Transfers – Special Revenue Transfer Out –Transfer to Plymouth Rubber District Improvement Financing (DIF) Fund 7:45 PM Discuss and Vote the following FY25 Municipal Budget Requests – Cindy Thomas, Randy Scollins #131 Finance Committee #132 Reserve Fund 7:30 PM Follow-up Discussion regarding an Annual Town Meeting Warrant Article for the Establishment of a Government Modernization Study Committee. Vote Minutes: January 10, 2024 Next Meeting Date: January 31, 2024 at the Armando Recreation Center. If a topic becomes known prior to 48 hours before the scheduled meeting, the Committee will update this posting. The Committee may also discuss a topic or topics not reasonably anticipated by the Chair 48 hours before the meeting. Town of Canton Finance Committee Cindy Thomas, Chair Emilio Mauro, Vice Chair Dave Clough Dan Cole Karen Foley Tim McKenna Maureen Menconi Kristin Mirliani Reuki Schutt Finance Committee Meeting Notice Meeting Date: Wednesday, January 24, 2024 Meeting Time: 7:00 PM Meeting Location: Salah Meeting Room, Town Hall 801 Washington Street Canton, MA 02021