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FinCom-20240820T104159

Finance Committee · Source year folder: 2021 · Record 81016

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Canton Finance Committee Minutes Voted on: 10/13/21 
801 Washington Street Vote: 6-0-1 
Canton, MA 02021 
Meeting Minutes 
July 7, 2021 
Finance Committee Members Present: Dan Cole, Thomas Emery, Emilio Mauro, Tim McKenna, Reuki Schutt, 
Cindy Thomas and We! Wong. 
Finance Committee Members Absent: David Clough. 
Guests Present: 
Ellen Jones, Finance Committee Recording Secretary 
Randy Scollins, Finance Director 
Opening: Chair McKenna called the Zoom virtual meeting to order at 7:00 p.m. 
Approval of Agenda: Mr. McKenna announced that the main purpose of the meeting was to discuss fiscal year 
end budget transfers and reorganization of the Finance Committee. 
New Business 
Chair McKenna welcomed new Finance Committee member Tom Emery. 
Reorganization of the Finance Committee — Election of Chair and Vice Chair 
A motion made by Mr. McKenna to nominate Ms. Thomas as the Vice Chair of the Finance Committee was 
seconded by Mr. Mauro. 
Roll Call Vote 
Mr. Cole Aye Mr. Wong Aye 
Mr. Emery Aye Mr. McKenna Aye 
Mr. Mauro Aye Ms. Thomas Aye 
The motion passed 6-0-0. Ms. Schutt was off-line at the time the vote was taken. 
A motion made by Ms. Thomas to nominate Mr. McKenna as the Chair of the Finance Committee was 
seconded by Mr. Mauro. 
Roll Call Vote: 
Ms. Thomas Aye Mr. Mauro Aye 
Mr. Cole Aye Mr. Wong Aye 
Mr. Emery Aye Mr. McKenna Aye 
The motion passed 6-0-0. Ms. Schutt was off-line at the time the vote was taken. 
Update on Committee Liaisons 
The liaison list was distributed to the members prior to the meeting and was also projected by Mr. Scollins on the 
Zoom meeting screen. Chair McKenna explained that it was up to the liaison and the department manager as to how 
frequent to meet regarding a department's budget. The liaisons help to maintain a line of communication with various 
departments so that the Finance Committee will have an understanding as to how the various town departments 
operate and their priorities regarding staffing, supplies etc. Mr. McKenna asked for the members to review the list 
and to place the list on the next agenda for further discussion. A few liaison positions were open due to the 
resignation of Tom Theodore and the term expiration of Rob Barker. The Finance Committee recording secretary 
was asked to recirculate the liaison list to the Committee members. 
FY21 — Budget Deficits — End of Year Budget Transfer Requests 
Mr. Scollins explained that there were three Reserve Fund Transfer Requests to end FY21, June 20, 2021 but that 
invoices were still being processed by the Finance Department through the following week. Last year the Reserve 
Fund was funded a budget of $700,000 which is controlled by the Finance Committee. A budget for the Reserve 
Fund is voted at Town Meeting for the purpose of transferring out to departments that have unforeseen or 
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