Canton, Massachusetts · Saved source text
Article 16 - Increase Special Education Reserve Account (Schools) - Explanation of Special Education Reserve Fund pdf file
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Source page 1
Jones, Ellen
Subject: RE: Question on Article 16
From: Finance Committee
Sent: Monday, May 17, 2021 8:17 AM
To: Cindy Thomas <cindyjsthomas@gmail.com>; Dan Cole <coledaniel.cole@gmail.com>; David Clough
<dclough35@hotmail.com>; Emilio Mauro <emiliomauro15@gmail.com>; Reuki Schutt <reuki@sdlawma.com>; Rob
Barker 2 <rhbarkerjr@schaybarker.com>; Tim McKenna <timothymckenna70@live.com>; Wai Wong
<waiwong127@gmail.com>
Cc: Scollins, William <rscollins@town.canton.ma.us>
Subject: RE: Question on Article 16
Please see below. This will be posted on the website. Ellen
From: Barry Nectow <nectowb@cantonma.org>
Sent: Monday, May 17, 2021 7:44 AM
To: Alan Hines (US - ASR) <alan.hines@pwc.com>
Cc: Finance Committee <fincom@town.canton.ma.us>; Scollins, William <rscollins@town.canton.ma.us>
Subject: Re: Question on Article 16
Good morning:
The Special Education Reserve Fund replaced the Special
Education Stabilization Fund in 2016, made possible by a
provision in the Municipal Modernization Act of 2016. The
change was made by a vote at the 2017 ATM, Article 29
(see below).
Funds can be transferred in or out of the fund with a vote
by the School Committee and the Select Board.
If the school department is seeking funds for the reserve
account from cash or other sources outside of the control
of the school department, the request is subject to voter
approval at the ATM.
1Source page 2
The school department has requested funds for the last
few years.
Funds from the reserve account are used for special
education expenses, most often out-of-district tuition and
transportation.
Thank you.
Barry
ANNUAL TOWN MEETING MAY 8, 2017
OLSCUSSION: The France Commmee voted unenmously to authorite formancn of ws sabbze000
fund. Under the current contract, Eversource crects the Town for the electr sed, Dased upon
Current market value of the electroty. tance electnoty rates . there is a
Ossie That the BeymerRs made Dy Use Town for the Soler electriity wil exceed the CreaRs Bid to the
Town for electrical procuction. The purpose of extatinning the Solar Faciity Stabmuation Fund m to Offer
the impact on Town Budgets when the Town Becomes 2 nat payer. At this time, no fusds are Beng
recomenanded to be raed oF Wansterred te the Solar Faciity Stabmuanon Rend, $0 Us artcie is simply
Creating a mechaeium to d2 so in the future
APPROVED. DISAPPROVED.
TERMINATE ANO RE-ALLOCATE SPECIAL HOUCATION STABILIZATION FUND
Articie 29 To see if the town mil (i) terminate the previously e@stablamed Special fovcaben
StaeaaDEN Fund Durbeat bb MG Chagter 40, Secton SB and replace A WR & few Specw! Boanen
Reserve Accourk under the Municipal Modernization Act purmwant to Sasson Lams: Chagter 218 of the
Aats of 2016, Secben 130 and (W)) re-alecate the eusting balance in the Sproat Ed.caben SubszaneN
FUNG 00 the fem Speen! EOIN Reserve ACCOWNE, OF 0D Take any ONE BON related thereto,
Coacd of Soietoaa for Schoo Commutior
MOVED: That 2 new Special Education Reserve Account be hereby estabsished in the
treasury of the Town pursuant to the Municipal Modernization Act Chapter 210 of the Acts of
2016, Section 24, estabiishing GA. ¢. 40 section 138; and
thal the amouen of One Hundred Eleven Thousand One Hunéred Forty Six Dollars ($111,146) be
transterred from the existing Special Education Stabsization Fund (Org. #68011) previously
establishes pursuant to MGL Chapter 40, Section 38; to the Special Education Reserve Account
Ut the existing Special Ceucation Stabtization Fund (Org. #68011) previously estadinred
pursuant to MGL Chapter 40, Section 58 be terminates and repesied.
FINANCE COMMITTEE VOTE: 8-0-0
DISCUSSION: — The Finacce Comenntes recommencs approwsl of this article. A few years 030, the Town
estapistes a Special Eoucaben StaDbaanen ACCOUNT, WH 6 Used 8 fund unforeseen Spe0R! edEOEA
coats, Thus fund requires # 2/) vote of Town Meeting to expend, which Cows Not provide much faxiDity
uring the facal yenr special edvcation costs wnanpectedty chen. This article proposes that the Town
accept General Laws chagter 40, secon 136, recenmy enacted Dy the state under the Municipal
Modernization Act. Secton LIE, once accepted By Town Meeting ans the School Committee, estabianes &
reserve fund for enarncipated OF unbudgeted COS Of special educabon. Monies in this reserve fund Can
be 9808 mith the approval of the School Committee and the Bowed of Selectmen, without the need for
further Tow Meeting appropriation, much like the Finance Comeantes Reserve Fund. The balance in the
Special Caucanen Reserve Turd Carnet exceed 2% of De arnusl net schol sperdng fer the town's
sro. The France Committee recommends estatinning the Soece! Coucanon Reserve Fund, and
tracaferring the monies Currently in the Special Coucaton Stablization Accourk to this new accout. The
Special Eoxcaven StaDmranOn ALOU WOWld aiid Be abORGED as NO longeY Needed
APPROVED. OLSAPPROVED.
-@o
On Sun, May 16, 2021 at 9:08 PM Alan Hines (US - ASR) > wrote:
[Original embedded text, retained for comparison]
The school department has requested funds for the last
few years.
Funds from the reserve account are used for special
education expenses, most often out-of-district tuition and
transportation.
Thank you.
Barry
On Sun, May 16, 2021 at 9:08 PM Alan Hines (US - ASR) > wrote:
2Source page 3
I received the following question on Article 16. I suggested that they send it in to the town e-mail but the warrant
suggested that would only be available till Tue 5/11. Will the response to this be posted on the Town website?
Please describe the Special Education Reserve Fund. At prior year's ATM, there was an article for a special education
stabilization fund that was established and funds were put in that fund. My understanding is that funds may be
appropriated from the stabilization reserve only with a 2/3 vote at ATM. Is this article funding that stabilization
reserve? If not, how does this "Reserve Account differ from that? Can the schools draw down on this reserve at will or
does it require a vote by the people at ATM? If the schools can draw down from this reserve at will how does this
differ from the school's annual appropriation?
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