Canton, Massachusetts · Saved source text
FY20 Fixed Costs Requests pdf file
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Source page 1
FIXED COSTS AND STATE AND COUNTY CHARGES
--
FY 2014 FY 2015 ~ _ FY 2016 ~ FY 2017 ~ _ FY 2018 FY 2019 ~ FY 2019
DEPT FY 2020
DESCRIPTION -~ ACTUAL ACTUAL 1 ACTUAL ACTUAL ACTUAL
i BUDGET ~ ESTIMATE ESTIMATE
I_
132 RESERVE FUND 0~ 0 0 0 -- - -
0~ 455,000 ~ 455,000 500,000
422 _,STREET LIGHTS 100,141 100,116 136,752 - - --
128,544 93,310 I 85,000 ~ 85,000 91,000
423 SNOW &ICE 839,895 1,263,215 681,690 764,097 774,115 I 600,500 600,500 _ 650,500
_ - 65 57 ~ __1,797,927 1,858,338 -- --
1,942,789
'- -' -- - 1,961,119
__ _ 1,961,119
-- 2,010,000
_ j - -- _- ---'---'-- --- - ---- -
INSIDE LEVY -j 2,966,683 f 2,608,238 ~ 2,818 352 2,867,843 2,721,647 2,884,309 2,823,062 2,916,574
(OUTSIDE LEVY 3,073,065 2,231,526 2,128,440 2,000,065 2,040,259 'i 1,754,829 1,754,828 1,638,559
TOTAL DEBT SERVICE 6,039,748_1 4 839,764 '~ . 4 946,792 ' 4,867,907 4,761,906
- - -- - -- -- r --- - ---- - -- -~-- - -----
4,639,138 i 4,577,891 ~ 4,555,133
--- --
- - -- - -
840 ~BLUEHILLSREGIONAL 1,059,042 __1,098,642 __1,117,954 1,180,767_ 1,160,586_j__ 1,214,066 1,207,788 1,441,826
841 NORFOLK COUNTY AGGIE 8,589 7,472 ' 9,340 13,727 Y_ 14,696_ _ _ 20,000 20,000 20,000
911 RETIREMENT EXPENSES 3,202,606 3,595,847 3,994,324 4,397,289 ~, 4,799,914 5,249,494
- - 5,249,494 5,638,751
913 UNEMPLOYMENT 150,000 150,000 100 000 100,000 ' 100,000 ---
100,000 ~ 100,000 100,000
914 f HEALTH INSURANCE -_-- -- - - ~ 10,473,152 -11,251,55-10,924,342 r - 11,414,286
-------I~ 12,124,911_
-- - -- 12,596
- --- 658. _ 12,413
- 416-- 12,778,089
- --
915 I LIFE INSURANCE ~ 58,289 , 58,637 58,637 59,640 59,994 62,250
---------- - 62,250 62,250
TOTAL_HEALTH &LIFE INSURANCE
- - ------- ---- - ---{- 10'--441
531 _ _ 11 310,191
_ __ _ 10,982,980 11,473,926
------- __-- ; --12,184 906 ' 12,658,908_ _ 1.
----' - - 2,475,666 _ 12,840,339
-
- - --- --- -=-- - ----- -- ------ ------- - ---- -- ---- ---- - --- - --- ------ --
946 TOWN INSURANCE ' 910,457 869,196 1,011,226fi _ 1,068,297__ ___1,070,828 --
1 205 700 1 205 700 , 1 212 368
993 OPEB TRUST FUND 400,000 551,000 750,000 770 000 1,000,000 _ 800,000 800,000 ~ _1,000,000
990 (OTHER TRANSFERS __; 0 0 350,000 0 0 15,918 i
- -- - - --- 0 0
--.- - ---- - j----- - -- - ----
TOTAL FIXED COSTS ~ 24,726,532 25,451,017 25,878,984 ---- 26,622,891 27,903,049 + 29,004,843 28,73------- - --- _- -
8,157 30,059,917
-- -- - - _--~--
820 STATE
_-ASSESSME NTS 765 462 i 745,317i 725,754
830
- -
NORFOLK COUNTY TAX
~--~~~ -- r~ - - -- I _ 788 950 -- 806 294
-- ~--- .856
- --
080 968
-~- - ----'487 '~ 968,487
--- 194,406 199,266~ 201,584 ~ 206,623 ; 209,009 ' 214,234 ~ 214,234 ~ 219,590
-----
-- -- - -- - -- - - ----~-- - ---- --- - - - - -- --- I --
TOTAL STATE &COUNTY 959,808 I 944,583 , -927,338 ~I 995,573 ~ -
1,015,303 1,070,314 1,182,721 1,188,077
ATMDATA.xisx fixed costs 1/16/2019Source page 2
~1~1~2- - ~~1~j - ~~~ ~ ~ zzo~c~c~o~J
TOWN OF CANTON FY 16 FY 17 FY 18 ORIGINAL FY 2020 FY 2020 COMMENT/REASON FOR
ACTUAL ACTUAL ACTUAL BUDGET AC'CUAL YTD BASE DEPT. INCREASE/DECREASE
BUDGET REPORT FOR FY 2020 EXPENSE EXPENSE EXPENSE ERPENSES THRU BUDGET REQUEST
FY 19
DEPARTMENTAL WORKSHEETS 9/30/18
710 PRINCIPAL PAYMENTS
17102 - 59101 PRINCIPAL PD-05/11 DEBT 169,000 168,000 160,000 160,000 0 160,000 d ~ Qv~ ~
17102 - 59102 PRINC PD 05/11 DEBT EXCLUSION 493,000 474,000 464,000 459,000 0 459,000 ~ =1~~ ~~ ~
17102 - 59106 PRIN PD-3/15 DEBT 230,150 228,000 227,000 224,000 0 224,000 ZZZ OCR Q
17102 - 59108 EEA BOND PRIN 03/15 1 3,774 14,051 14,333 14,621 7,274 14,621 14, a / ~ r/
17102 - 59128 PRINC PD-01/08 DEBT 169,000 0 0 0 0 0
1 7102 - 59130 PRINCIPAL PAYDOWNS 107,786 185,000 0 220,000 0 220,000 ~~ Q Q l~ ✓
17102 - 59131 PRINC PD-3/12 DEBT 1 80,000 175,000 175,000 175,000 0 175,000 ~ -]C~, QO C7 ,~ ~
1 7102 - 59132 PRINC PD-03/13 DEBT 155,000 154,000 136,000 124.000 0 124,000 ~ 2.4~ D 0 O
17102 - 59133 PRINC PD-11/13 DEBT 486,760 363,300 358,000 352,200 0 352,200 3Z~, ~O 0 ' -
1 7102 - 59134 PRIN PD-11/13 EXCLUSION 339,840 328,400 194,100 31,000 0 31,000 i
1 7102 - 59135 PRIN PD-03/14 DEBT 394,700 388,000 386,300 379,600 0 379,600 g0, QJ ~ `✓ / /
]7102 - 59136 PRIN PD-03/14 EXCLUSION 824,400 801,100 778,200 755,000 0 755,000 7 ~3 ~ O C~
17102 - 59137 PRINC PD - 05/10 DEBT 52,000 45,000 48,000 48.000 0 48,000 ~ C~
~ -
1 7102 - 59138 PRINC PD - 05/09 DEBT 211,000 208,000 0 0 0 0
17102 - 59142 PRINC PD-03/08 DEBT 48,000 48,000 0 0 0 0 ~
1 7102 - 59143 PRINC PD-03/08 DEBT EXCLUSIOP 49,000 0 0 0 0 0
1 7102 - 59144 PRIN PD-03/16 DEBT 0 349,000 221,000 213,000 0 213,000 ZO S DOS '
1 7102 - 59146 PRIN PD-03/17 DEBT 0 0 243,678 243,678 0 243,678 ~'~ ,~o-? ~ ~
]7102 - 59147 PRIN PD-03/17 EXCLUSION 0 0 181.322 181.322 0 181.322 ~ ~ ~ , 5 e~o2 ~ s
1 7102 - 59]48 PRIN PD-04/17 DEBT 0 0 211.000 177,000 0 177,000 /~.C~C] ~l`
SUBTOTAL EXPENSES $ 3,923,410 X3,931,851 X3,797,933 X3,757,421 $7,274 $3,757,421
TOTAL 710 PRInCIPAL PAYMENTS S 3,923,410 $3,931,851 $3,797,933 $3,757,421 $7,274 X3,757,421 `; ~" ~ -"'"-'~ ✓
._
~, /~ ~,~~
Department-dead signature /Date
Date: 11/27/2018 Page: 105Source page 3
DEBT SERVICE PAYMENTS FROM FY 19 THRU FY 37
Date of Debt Service Type of
Issue Type Description Org Object Payment 2020
5/1/2011 I GOB Building Construction -Public Works Garage 17102 59101 Principal 14,000.00
5/1/2011 I GOB Building Remodeling -Police Station Flooring 17102 59101 Principal 24,000.00
5/1/2011 I GOB Building Remodeling -School HVAC 17102 59101 Principal 6,000.00
5/1/2011 I GOB Building Remodeling -School Plumbing 17102 59101 Principal 4,000.00
5/1/2011 I GOB Building Remodeling -School(GMS Acoustical Panels) 17102 59101 Principal 2,000.00
5/1/2011 I GOB Energy Conservation -School 17102 59101 Principal 5,000.00
5/1/2011 I GOB Departmental Equipment -Public Works (Streetsweeper) 17102 59101 Principal 15,000.00
5/1/2011 I GOB Departmental Equipment -Public Works (Sander) 17102 59101 Principal 15,000.00
5/1/2011 I GOB Asbestos Removal(Rodman) 17102 59101 Principal -
5/1/2011 I GOB Building Remodeling REFUNDING (ADA Renovations) 17102 59101 Principal 15,000.00
5/1/2011 I GOB Building Remodeling -School REFUNDING 17102 59101 Principal -
5/1/2011 I GOB Building Remodeling -School REFUNDING 17102 59101 Principal -
5/1/2011 I GOB Building Remodeling -School Radios 17102 59101 Principal -
5/1/2011 I GOB Building Remodeling- School REFUNDING (Plumbing) 17102 59101 Principal
59101 Total 100,000.00
5/1/2011 E GOB School Project REFUNDING (Exempt)(Luce School) 17102 59102 Principal 447,000.00
59102 Total 447,000.00
3/15/2015 A Departmental Equipment -Fire Ladder Truck 17102 59106 Principal 90,000.00
3/15/2015 I Building Remodeling -School HVAC 17102 59106 Principal 9,000.00
3/15/2015 I Building Remodeling -Hansen School Windows 17102 59106 Principal 26,000.00
3/15/2015 I Building Remodeling -School(GMS Windows) 17102 59106 Principal 32,000.00
3/15/2015 I Building Remodeling -School(GMS Gym Floor) 17102 59106 Principal 12,000.00
3/15/2015 I Dam Repair (Culverts) 17102 59106 Principal 6,000.00
3/15/2015 I Departmental Equipment -Public Works(Catch Basin Truck) 17102 59106 Principal 21,000.00
3/15/2015 I Departmental Equipment -Public Works Truck 17102 59106 Principal 20,000.00
3/15/2015 I Athletic Facility -School (Tennis Courts) 17102 59106 Principal 6,000.00
59106 Total 222,000.00
2/24/2015 I Shepard Pond Dam Reconstuction 17102 59108 Principal 7,420.41
2/24/2015 I Shepard Pond Dam Reconstuction 17102 59108 Principal 7,494.62
59108 Total 14,915.03
3/27/2012 I GOB Surface Drain (Culverts) 17102 59131 Principal 25,000.00
3/27/2012 I GOB Building Remodeling -School (Luce School Roof) 17102 59131 Principal 11,000.00
3/27/2012 I GOB Building Remodeling -School Plumbing 17102 59131 Principal 7,000.00
3/27/2012 I GOB Building Remodeling -School HVAC 17102 59131 Principal 6,000.00
3/27/2012 I GOB Building Remodeling (Town Hall Insulation) 17102 59131 Principal 2,000.00
3/27/2012 I GOB Energy Conservation (Performance Contracting) 17102 59131 Principal 56,000.00
3/27/2012 I GOB Departmental Equipment -School (1FK Addition) 17102 59131 Principal 45,000.00
3/27/2012 I GOB Departmental Equipment -School (JFK Addition) 17102 59131 Principal 18,000.00
59131 Total 170,000.00
3/15/2013 I GOB Building Construction -Public Works Garage 17102 59132 Principal 15,000.00
3/15/2013 I GOB Building Remodeling -School(Rodman Boiler) 17102 59132 Principal 13,000.00
3/15/2013 I GOB Dam Construction (Shepard's Pond Dam) 17102 59132 Principal 17,000.00
3/15/2013 I GOB Departmental Equipment(DPW Truck) 17102 59132 Principal -
3/15/2013 I GOB Architectural Services Building -Senior Center 17102 59132 Principal 45,000.00
3/15/2013 I GOB School Project(CHS Roof) 17102 59132 Principal 21,000.00
3/15/2013 I GOB School Project(Rodman Roof) 17102 59132 Principal 13,000.00
59132 Total 124,000.00
11/13/2013 I Recreation Dept Garage (Refunding) 17102 59133 Principal 8,900.00
11/13/2013 I Replace Town Hall Windows(Refunding) 17102 59133 Principal -
11/13/2013 I High School Windows (Refunding) 17102 59133 Principal -
11/13/2013 I School Plumbing (Refunding) 17102 59133 Principal -
11/13/2013 I Surface Drain (Refunding)(DPW Garage Remediation) 17102 59133 Principal 4,800.00
11/13/2013 I Building Construction -Fire Station (Refunding) 17102 59133 Principal 89,700.00
11/13/2013 I Building Construction -Fire Station (Refunding) 17102 59133 Principal 37,300.00
11/13/2013 I Building Remodeling ADA -(Refunding) 17102 59133 Principal 86,200.00
11/13/2013 I Building Remodeling -School -(Refunding) 17102 59133 Principal 15,200.00
11/13/2013 I Hansen School Plumbing -(Refunding) 17102 59133 Principal 7,600.00
11/13/2013 I Kennedy School Boiler - (Refunding) 17102 59133 Principal 15,300.00
11/13/2013 I Building Remodeling -School -(Refunding) 17102 59133 Principal 17,200.00
11/13/2013 I Building Remodeling -School -(Refunding) 17102 59133 Principal 44,000.00
59133 Total 326,200.00
11/13/2013 E Land Acquisition -Town Hall (Refunding)(Draper Property) 17102 59134 PrincipalSource page 4
DEBT SERVICE PAYMENTS FROM FY 19 THRU FY 37
Date of Debt Service Type of
Issue Type Description Org Object Payment 2020
11/13/2013 E School ADA (Refunding) 17102 59134 Principal -
11/13/2013 E School Remodel (Refunding) 17102 59134 Principal -
59134 Total -
3/15/2014 I DPW Equipment 17102 59135 Principal 20,000.00
3/15/2014 I Surface Drain (Refunding)(Pleasant Garden Rd.) 17102 59135 Principal 8,900.00
3/15/2014 I Land Acquisition (Refunding)(1476 Washington St.) 17102 59135 Principal 3,900.00
3/15/2014 I Building Remodeling - ADA (Refunding) 17102 59135 Principal 35,400.00
3/15/2014 I Building Remodeling -Police Station (Refunding) 17102 59135 Principal 254,900.00
3/15/2014 I Building Remodeling -School (Refunding) 17102 59135 Principal 8,900.00
3/15/2014 I Building Remodeling -School (Refunding) 17102 59135 Principal 8,600.00
3/15/2014 I Building Remodeling -School (Refunding) 17102 59135 Principal 8,800.00
3/15/2014 I Building Remodeling -Town Hall (Refunding) 17102 59135 Principal 8,900.00
3/15/2014 I Energy Conservation -School (Refunding) 17102 59135 Principal 22,200.00
59135 Total 380,500.00
3/15/2014 E Building Construction -High School (Refunding) 17102 59136 Principal 477,100.00
3/15/2014 E Building Addition -Library (Refunding) 17102 59136 Principal 266,800.00
59136 Total 743,900.00
3/17/2016 I Building Remodeling -Fire Station 2 Repairs 17102 59144 Principal 15,000.00
3/17/2016 I Departmental Equipment -School (Whiteboards) 17102 59144 Principal 50,000.00
3/17/2016 I Departmental Equipment -DPW Sidewalk Tractor 17102 59144 Principal 20,000.00
3/17/2016 I Departmental Equipment -Fire 17102 59144 Principal 16,000.00
3/17/2016 I Departmental Equipment -Rehab -Fire (Engine 6) 17102 59144 Principal 15,000.00
3/17/2016 I Fire Alarm Improvement (Radio Master Boxes) 17102 59144 Principal 10,000.00
3/17/2016 I School Project - GMS Windows 17102 59144 Principal 19,000.00
3/17/2016 I School Project -Hansen Windows 17102 59144 Principal 19,000.00
3/17/2016 I GOB Surface Drain (Refunding) 17102 59144 Principal 8,000.00
3/17/2016 I GOB Building Remodeling -School (Refunding) 17102 59144 Principal 28,000.00
3/17/2016 I GOB Outdoor Recreational Facility (Refunding) 17102 59144 Principal 5,000.00
59144 Total 205,000.00
3/16/2017 A Departmental Equipment -Ambulance 17102 59146 Principal 57,000.00
3/16/2017 I Departmental Equipment -Fire 17102 59146 Principal 70,000.00
3/16/2017 I Departmental Equipment -School 17102 59146 Principal 51,678.00
3/16/2017 I Athletic Facility -School 17102 59146 Principal 60,000.00
59146 Total 238,678.00
3/16/2017 E Hansen School Addition 17102 59147 Principal 181,322.00
59147 Total 181,322.00
4/5/2017 I GOB Surface Drain 17102 59148 Principal 3,000.00
4/5/2017 I GOB Building Remodeling 17102 59148 Principal 45,000.00
4/5/2017 I GOB Building Remodeling -Police 17102 59148 Principal 7,000.00
4/5/2017 I GOB Building Remodeling -School 17102 59148 Principal 7,000.00
4/5/2017 I GOB Building Remodeling -School 17102 59148 Principal 61,000.00
4/5/2017 I GOB Building Remodeling -School 17102 59148 Principal 6,000.00
4/5/2017 I GOB Building Remodeling -School 17102 59148 Principal 2,000.00
4/5/2017 I GOB Building Remodeling -School 17102 59148 Principal 6,000.00
4/5/2017 I GOB Departmental Equipment -Public Works 17102 59148 Principal
4/5/2017 I GOB Departmental Equipment -Public Works 17102 59148 Principal
4/5/2017 I GOB Computer Hardware 17102 59148 Principal
59148 Total 137,000.00
3/15/2018 I GOB Building Remodeling -School (Hansen School Roof) 17102 59189 Principal 62,000.00
3/15/2018 I GOB Departmental Equipment -Fire Engine 17102 59189 Principal 69,000.00
3/15/2018 I GOB Departmental Equipment -Public Works (Street Sweeper) 17102 59189 Principal 21,000.00
3/15/2018 I GOB Departmental Equipment -Fire Air Packs 17102 59189 Principal 31,000.00
3/15/2018 I GOB Building Remodeling -School (Rodman School Elevator) 17102 59189 Principal 14,000.00
3/15/2018 I GOB Building Remodeling -School (Plumbing) 17102 59189 Principal 3,000.00
3/15/2018 I GOB Building Remodeling -School(GMS Roof) 17102 59189 Principal 4,000.00
3/15/2018 I GOB Building Remodeling (Town Hall Wall Repair) 17102 59189 Principal 3,000.00
3/15/2018 I GOB Building Remodeling -School (Luce School Roof) 17102 59189 Principal 10,000.00
3/15/2018 I GOB Departmental Equipment -School (HVAC) 17102 59189 Principal 3,000.00
59189 Total 220,000.00
AUTHDEBT.xlsx fy 19 thru fy 37 11/28/2018Source page 5
DEBT SERVICE PROJECTIONS -DEBT IN PIPELINE
AUTHORIZED Project AUTHORIZED TERM BOND BAN BOND PRINC FY
DATE ART # Code PURPOSE UNISSUED (YRS) DATE RATE RATE PD YTD INT PRIN 2020
4/29/1998 23 SEPTIC TITLE V 200,000 N/A N/A N/A N/A 0 0 0 0
5/8/2017 12-5 FIRE ENGINE E-1 (BALANCE) 61,000 N/A N/A N/A N/A 0 0 0 0
5/8/2017 12-5 SELF CONTAINED BREATHING APPARATUS 26,000 N/A N/A N/A N/A 0 0 0 0
5/8/2017 12-5 DPW STREET SWEEPER 18,000 N/A N/A N/A N/A 0 0 0 0
5/8/2017 30 HANSEN SCHOOL ROOF(MSBA SHARE) 996,000 N/A N/A N/A N/A 0 0 0 0
5/8/2017 12-10 A1724 RESERVOIR POND DAM REPAIRS 950,000 20 Apr-19 2.50% 4.00% 0 38 48 86
5/14/2018 12-5 A1724 RESERVOIR POND DAM REPAIRS(SUPPLEMENT) 300,000 20 Apr-19 2.50% 4.00% 0 12 15 27
5/14/2018 12-6 A1827 OLD SHEPARD ST DAM REPAIRS 700,000 20 Apr-19 2.50% 4.00% 0 28 35 63
5/14/2018 12-6 A1828 COA BUSES 121,000 5 Apr-19 2.50% 4.00% 0 5 24 29
5/14/2018 12-7 B1910 JFK MODULAR CLASSROOMS 2,000,000 10 Apr-20 2.50% 4.00% 0 50 0 50
5/14/2018 12-8 A1911 WIFI BACKBONE 150,000 5 Apr-19 2.50% 4.00% 0 6 30 36
5/14/2018 12-8 61912 HIGH SCHOOL ROOF TOP UNIT 123,000 10 Apr-19 2.50% 4.00% 0 5 12 17
5/14/2018 26 COLT COLTS CROSSING STREET WORK 70,000 10 Apr-19 2.50% 4.00% 0 3 7 10
5/14/2018 27-30 KNOB KNOB HILL ESTATES STREET WORK 80,000 10 Apr-19 2.50% 4.00% 0 3 8 11
5/14/2018 35-36 WASH WASHINGTON COMMONS STREET WORK 60,000 10 Apr-19 2.50% 4.00% 0 2 6 8
TOTAL INSIDE LEVY 5,855,000 0 152 185 337
TOTAL AMBULANCE 0 0 0 01
TOTAL OUTSIDE LEVY 0 0 0 0 0
5/11/2015 6 LAND PURCHASE 1,740,000 10 Apr-19 2.50% 4.00% 0 70 174 244
5/14/2018 19-3 LAND PURCHASE(SUPPLEMENT) 325,500 10 Apr-19 2.50% 4.00% 0 13 33 46
TOTAL COMMUNITY PRESERVATION 2,065,500 0 83 207 289
5/11/2015 4 DISTRICT IMPROVEMENTS (Plymouth Rubber site) 8,597,000 20 Apr-21 2.50% 4.00% 0 0 0 0
5/9/2016 42 DISTRICT IMPROVEMENTS (Eversource Property) 250,000 10 Apr-20 2.50% 4.00% 0 0 0 0
TOTAL DISTRICT IMPROVEMENT FUND #370 8,847,000 0 0 0 0
5/14/2018 12-10 A1914 WATER LINE AT SULLIVAN TREATMENT FACILITY 2,440,000 20 Apr-20 2.50% 4.00% 0 61 0 61
TOTAL WATER 2,440,000 0 61 0 61
5/1/2000 15-12 SEWER I & I (balance) 719,790 20 N/A N/A N/A 0 0 0 0
4/30/2008 13-9 A1356 SCADA UPGRADE (balance) 145,000 10 N/A N/A N/A 0 0 0 0
TOTAL SEWER 864,790 0 0 0 0
GRAND TOTALS-AUTHORIZED/UNISSUED DEBT 20,072,290 0 296 392 687
AUTHDEBT.xlsx PIPELINE 11/28/2018Source page 6
TOWN OF CANTON FY 16 FY 17 FY 18 ORIGINAL FY 2020 FY 2020 COMMENT/REASON FOR
ACTUAL ACTUAL ACTUAL BUDGET ACTUALYTD BASE DEPT. INCREASE/DECREASE
BUDGET REPORT FOR FY 2020 EXPENSE EXPENSE EXPENSE FY 19 EXPENSESTHRU BUDGET REQUEST
DEPARTMENTAL WORKSHEETS 9/30/18
751 LONG-TERM INTEREST PAYMENTS
17512 - 59107 INT PD-03/15 DEBT 68,890 61,985 55,145 48,335 25,543 48,335 ~~,~~5~ ~
17512 - 59108 EEA BOND INT PD 03/15 6,445 6,355 6,072 5,784 2,928 5,784 O i
17512 - 59145 INT PD-03/16 DEBT 0 31,158 30,660 26,240 13,120 26,240 7-! &~ i
17512 - 59150 INTEREST PD L/T 05/2011 43,910 38,840 33,794 27,400 0 27,400 ZI ,C~DO
17512 - 59151 INT L/T PD 5/11 DEBT EXCLUSION 92,390 77,600 63,380 44,820 0 44,820 _(,~ O ~
17512 - 59158 INT PD-03/17 EXCLUSION 0 0 134,798 102,639 0 102,639
17512 - 59176 INT PD-01/08 DEBT 30,281 0 0 0 0 0 -~
17512 - 59178 INT PD - 05/09 DEBT 72,553 66,223 0 0 0 0
17512 - 59179 INT PD - 05/10 DEBT 19,589 18,029 16,589 15,149 0 15,149 1
17512 - 59181 INT PD - 3/12 DEBT 70,513 65,113 61,613 56,363 28,181 56,363 '~ _//
17512 - 59182 INT PD - 03/13 DEBT 34,430 29,780 25,160 21,080 10,540 21,080
17512 - 59183 INT PD-11/13 DEBT 99,036 88,836 77,654 66,657 32,8?2 66,657
17512 - 59184 INT PD-11/13 EXCLUSION 27,238 15,572 5,122 620 0 620
17512 - 59185 INT PD-03/14 DEBT 147,290 127,555 108,155 88,841 44,420 88,841
17512 - 59186 INT PD-03/14 EXCLUSION 300,613 259,393 219,338 180,428 90,214 180,428
17512 - 59187 INT PD-03/17 DEBT 0 0 69,310 48,261 0 48,261
17512 - 59188 INT PD-04/17 DEBT 0 0 45,911 37,100 0 37,100
17512 - 59192 INT PD-03/08 DEBT 3,840 1,920 0 0 0 0
17512 - 59193 INT PD-03/08 DEBT EXCLUSION 1,960 0 0 0 0 0
SUBTOTAL EXPENSES $ 1,018,976 $888,356 ~D7JL~ / V V $769,717 $247,817 $769,717
TOTAL 751 LONG-TERM INTEREST PAYME $ 1,018,976 $888,356 $952,700 X769,717 $247,817 $769,717 ~Q 7 ~ ~r&
~~ ll ~ C
Department ead signature /Date
Date: 11/27/2018 Page: 106Source page 7
DEBT SERVICE PAYMENTS FROM FY 19 THRU FY 37
Date of Debt Service Type of
Issue Type Description Org Object Payment 2020
3/15/2015 A Departmental Equipment -Fire Ladder Truck 17512 59107 Interest 13,050.00
3/15/2015 I Building Remodeling -School HVAC 17512 59107 Interest 2,080.00
3/15/2015 I Building Remodeling -Hansen School Windows 17512 59107 Interest 6,470.00
3/15/2015 I Building Remodeling -School(GMS Windows) 17512 59107 Interest 7,715.00
3/15/2015 I Building Remodeling -School(GMS Gym Floor) 17512 59107 Interest 2,940.00
3/15/2015 I Dam Repair (Culverts) 17512 59107 Interest 1,470.00
3/15/2015 I Departmental Equipment -Public Works (Catch Basin Truck) 17512 59107 Interest 3,020.00
3/15/2015 I Departmental Equipment - Pubiic Works Truck 17512 59107 Interest 3,400.00
3/15/2015 1 Athletic Facility -School (Tennis Courts) 17512 59107 Interest 1,470.00
59107 Total 41,615.00
2/24/2015 I Shepard Pond Dam Reconstuction 17512 59108 Interest 2,694.17
2/24/2015 I Shepard Pond Dam Reconstuction 17512 59108 Interest 2,796.06
59108 Total 5,490.23
3/17/2016 I Building Remodeling -Fire Station 2 Repairs 17512 59145 Interest 1,880.00
3/17/2016 I Departmental Equipment -School (Whiteboards) 17512 59145 Interest 2,000.00
3/17/2016 I Departmental Equipment -DPW Sidewalk Tractor 17512 59145 Interest 2,800.00
3/17/2016 I Departmental Equipment -Fire 17512 59145 Interest 2,160.00
3/17/2016 I Departmental Equipment -Rehab -Fire (Engine 6) 17512 59145 Interest 1,800.00
3/17/2016 I Fire Alarm Improvement (Radio Master Boxes) 17512 59145 Interest 1,200.00
3/17/2016 I School Project - GMS Windows 17512 59145 Interest 2,200.00
3/17/2016 I School Project -Hansen Windows 17512 59145 Interest 2,800.00
3/17/2016 I GOB Surface Drain (Refunding) 17512 59145 Interest 1,060.00
3/17/2016 I GOB Building Remodeling -School (Refunding) 17512 59145 Interest 3,780.00
3/17/2016 I GOB Outdoor Recreational Facility (Refunding) 17512 59145 Interest 300.00
59145 Total 21,980.00
5/1/2011 I GOB Building Construction -Public Works Garage 17512 59150 Interest 4,252.50
5/1/2011 I GOB Building Remodeling -Police Station Flooring 17512 59150 Interest 8,053.75
5/1/2011 I GOB Building Remodeling -School HVAC 17512 59150 Interest 1,845.00
5/1/2011 I GOB Building Remodeling -School Plumbing 17512 59150 Interest 1,595.00
5/1/2011 I GOB Building Remodeling -School(GMS Acoustical Panels) 17512 59150 Interest 797.50
5/1/2011 I GOB Energy Conservation -School 17512 59150 Interest 2,206.25
5/1/2011 I GOB Departmental Equipment -Public Worl<s (Streetsweeper) 17512 59150 Interest 900.00
5/1/2011 I GOB Departmental Equipment -Public Works (Sander) 17512 59150 Interest 900.00
5/1/2011 I GOB Asbestos Removal(Rodman) 17512 59150 Interest -
5/1/2011 I GOB Building Remodeling REFUNDING (ADA Renovations) 17512 59150 Interest 450.00
5/1/2011 I GOB Building Remodeling -School REFUNDING 17512 59150 Interest -
5/1/2011 I GOB Building Remodeling -School REFUNDING 17512 59150 Interest -
5/1/2011 I GOB Building Remodeling -School Radios 17512 59150 Interest -
5/1/2011 I GOB Building Remodeling -School REFUNDING (Plumbing) 17512 59150 Interest -
59150 Total 21,000.00
5/1/2011 E GOB School Project REFUNDING (Exempt)(Luce School) 17512 59151 Interest 26,460.00
59151 Total 26,460.00
3/16/2017 E Hansen School Addition 17512 59158 Interest 97,199.04
59158 Total 97,199.04
3/27/2012 I GOB Surface Drain (Culverts) 17512 59181 Interest 9,440.00
3/27/2012 I GOB Building Remodeling -School (Luce School Roof) 17512 59181 Interest 880.00
3/27/2012 I GOB Building Remodeling -School Plumbing 17512 59181 Interest 560.00
3/27/2012 I GOB Building Remodeling -School HVAC 17512 59181 Interest 1,380.00
3/27/2012 I GOB Building Remodeling (Town Hall Insulation) 17512 59181 Interest 460.00
3/27/2012 I GOB Energy Conservation (Performance Contracting) 17512 59181 Interest 12,730.00
3/27/2012 I GOB Departmental Equipment -School (JFK Addition) 17512 59181 Interest 16,892.50
3/27/2012 I GOB Departmental Equipment -School (JFK Addition) 17512 59181 Interest 7,020.00
59181 Total 49,362.50
3/15/2013 I GOB Building Construction -Public Works Garage 17512 59182 Interest 2,100.00
3/15/2013 I GOB Building Remodeling -School (Rodman Boiler) 17512 59182 Interest 1,820.00
3/15/2013 I GOB Dam Construction (Shepard's Pond Dam) 17512 59182 Interest 2,380.00
3/15/2013 I GOB Departmental Equipment(DPW Truck) 17512 59182 Interest -
3/15/2013 I GOB Architectural Services Building -Senior Center 17512 59182 Interest 6,300.00
3/15/2013 I GOB School Project(CHS Roof) 17512 59182 Interest 2,940.00
3/15/2013 I GOB School Project(Rodman Roof) 17512 59182 Interest 1,820.00
59182 Total 17,360.00
AUTHDEBT.xlsx fy 19 thru fy 37 11/28/2018Source page 8
DEBT SERVICE PAYMENTS FROM FY 19 THRU FY 37
Date ~f Debt Service Type of
Issue Type Description Org Object Payment 2020
11/13/2013 I Recreation Dept Garage (Refunding) 17512 59183 Interest 178.00
11/13/2013 I Replace Town Hall Windows (Refunding) 17512 59183 Interest -
11/13/2013 I High School Windows (Refunding) 17512 59183 Interest -
11/13/2013 I School Plumbing (Refunding) 17512 59183 Interest -
11/13/2013 I Surface Drain (Refunding)(DPW Garage Remediation) 17512 59183 Interest 934.00
11/13/2013 I Building Construction -Fire Station (Refunding) 17512 59183 Interest 14,106.00
11/13/2013 I Building Construction -Fire Station (Refunding) 17512 59183 Interest 7,261.00
11/13/2013 I Building Remodeling ADA - (Refunding) 17512 59183 Interest 16,126.00
11/13/2013 I Building Remodeling -School - (Refunding) 17512 59183 Interest 2,094.00
11/13/2013 I Hansen School Plumbing - (Refunding) 17512 59183 Interest 1,047.00
11/13/2013 I Kennedy School Boiler - (Refunding) 17512 59183 Interest 2,486.00
11/13/2013 I Building Remodeling -School - (Refunding) 17512 59183 Interest 3,364.00
11/13/2013 I Building Remodeling -School - (Refunding) 17512 59183 Interest 8,596.00
59183 Total 56,192.00
11/13/2013 E Land Acquisition -Town Hall (Refunding)(Draper Property) 17512 59184 Interest -
11/13/2013 E School ADA (Refunding) 17512 59184 Interest -
11/13/2013 E School Remodel (Refunding) 17512 59184 Interest -
59184 Total -
3/15/2014 I DPW Equipment 17512 59185 Interest 3,750.00
3/15/2014 I Surface Drain (Refunding)(Pleasant Garden Rd.) 17512 59185 Interest 2,017.50
3/15/2014 I Land Acquisition (Refunding)(1476 Washington St.) 17512 59185 Interest 692.50
3/15/2014 I Building Remodeling - ADA (Refunding) 17512 59185 Interest 6,115.00
3/15/2014 I Building Remodeling -Police Station (Refunding) 17512 59185 Interest 50,650.00
3/15/2014 I Building Remodeling -School (Refunding) 17512 59185 Interest 890.00
3/15/2014 I Building Remodeling -School (Refunding) 17512 59185 Interest 1,300.00
3/15/2014 I Building Remodeling -School (Refunding) 17512 59185 Interest 1,330.00
3/15/2014 I Building Remodeling -Town Hall (Refunding) 17512 59185 Interest 890.00
3/15/2014 I Energy Conservation -School (Refunding) 17512 59185 Interest 2,225.00
59185 Total 69,860.00
3/15/2014 E Building Construction -High School (Refunding) 17512 59186 Interest 97,342.50
3/15/2014 E Building Addition -Library (Refunding) 17512 59186 Interest 45,335.00
59186 Total 142,677.50
3/16/2017 A Departmental Equipment -Ambulance 17512 59187 Interest 5,100.00
3/16/2017 I Departmental Equipment -Fire 17512 59187 Interest 16,800.00
3/16/2017 I Departmental Equipment -School 17512 59187 Interest 4,650.96
3/16/2017 I Athletic Facility -School 17512 59187 Interest 14,400.00
59187 Total 40,950.96
4/5/2017 I GOB Surface Drain 17512 59188 Interest 832.50
4/5/2017 I GOB Building Remodeling 17512 59188 Interest 9,822.50
4/5/2017 I GOB Building Remodeling -Police 17512 59188 Interest 1,722.50
4/5/2017 I GOB Building Remodeling -School 17512 59188 Interest 1,915.00
4/5/2017 I GOB Building Remodeling -School 17512 59188 Interest 15,657.50
4/5/2017 I GOB Building Remodeling -School 17512 59188 Interest 1,637.50
4/5/2017 I GOB Building Remodeling -School 17512 59188 Interest 500.00
4/5/2017 I GOB Building Remodeling -School 17512 59188 Interest 1,472.50
4/5/2017 I GOB Departmental Equipment -Public Works 17512 59188 Interest
4/5/2017 I GOB Departmental Equipment -Public Works 17512 59188 Interest
4/5/2017 I GOB Computer Hardware 17512 59188 Interest
59188 Total 33,560.00
3/15/2018 I GOB Building Remodeling -School (Hansen School Roof) 17512 59194 Interest 27,900.00
3/15/2018 I GOB Departmental Equipment -Fire Engine 17512 59194 Interest 26,650.00
3/15/2018 I GOB Departmental Equipment -Public Works (Street Sweeper) 17512 59194 Interest 8,160.00
3/15/2018 I GOB Departmental Equipment -Fire Air Packs 17512 59194 Interest 5,580.00
3/15/2018 I GOB Building Remodeling -School (Rodman School Elevator) 17512 59194 Interest 6,000.00
3/15/2018 I GOB Building Remodeling -School (Plumbing) 17512 59194 Interest 1,470.00
3/15/2018 I GOB Building Remodeling -School(GMS Roof) 17512 59194 Interest 1,830.00
3/15/2018 I GOB Building Remodeling (Town Hall Wall Repair) 17512 59194 Interest 1,700.00
3/15/2018 I GOB Building Remodeling -School (Luce School Roof) 17512 59194 Interest 4,470.00
3/15/2018 I GOB Departmental Equipment -School (HVAC) 17512 59194 Interest 150.00
59194 Total 83,910.00
AUTHDEBT.xlsx fy 19 thru fy 37 11/28/2018Source page 9
TOWN OF CANTON FY 16 FY 17 FY 18 ORIGINAL FY 2020 FY 2020 COMMENT/REASON FOR
^~Tuw~. ACTUAL ncru.v. BUDGET ACTUALYTD BASE DEPT. INCREASE/DECREASE
BUDGET REPORT FOR FY 2020 EXPENSE EXPENSE EXPENSE FY 19 EXPENSESTHRU BUDGET REQUEST
DEPARTMENTAL WORKSHEETS 9/30/18
752 SHORT-TERM INTEREST PAYMENTS
17522 - 59250 INTEREST TEMPORARY LOANS 3,956 3,700 0 112,000 0 112,000 ~ ~~~ ~ ~ ~~.~~~
17522 - 59256 INTEREST ON TAX REFUNDS 451 0 l 1,273 0 0 0 = n .~-~9 ~ ~ f
17522 - 59259 INTEREST-NOTES(OVERRIDE) 0 44,000 0 0 0 0 ~ ~~
SUBTOTAL EXPENSES $ 4,406 547,700 511,273 $112,000 SO Sll2,000
TOTAL 752 SHORT-TERM INTEREST PAYM: $ 4,406 $47,700 X11,273 $112,000 ~0 $112,000 ~ ~~
✓ ~'
%~ ~~ `~7 ~~
partment Head signature !Date
Datc: 11/27/2018 Page: 1U7Source page 10
DEBT SERVICE PROJECTIONS - DEBT IN PIPELINE
AUTHORIZED Project AUTHORIZED TERM BOND BAN BOND PRINC FY
DATE ART # Code PURPOSE UNISSUED (YRS) DATE RATE RATE PD YTD INT PRIN 2020
4/29/1998 23 SEPTIC TITLE V 200,000 N/A N/A N/A N/A 0 0 0 0
5/8/2017 12-5 FIRE ENGINE E-1 (BALANCE) 61,000 N/A N/A N/A N/A 0 0 0 0
5/8/2017 12-5 SELF CONTAINED BREATHING APPARATUS 26,000 N/A N/A N/A N/A 0 0 0 0
5/8/2017 12-5 DPW STREET SWEEPER 18,000 N/A N/A N/A N/A 0 0 0 0
5/8/2017 30 HANSEN SCHOOL ROOF(MSBA SHARE) 996,000 N/A N/A N/A N/A 0 0 0 0
5/8/2017 12-10 A1724 RESERVOIR POND DAM REPAIRS 950,000 20 Apr-19 2.50% 4.00% 0 38 48 86
5/14/2018 12-5 A1724 RESERVOIR POND DAM REPAIRS(SUPPLEMENT) 300,000 20 Apr-19 2.50% 4.00% 0 12 15 27
5/14/2018 12-6 A1827 OLD SHEPARD ST DAM REPAIRS 700,000 20 Apr-19 2.50°/a 4.00% 0 28 35 63
5/14/2018 12-6 A1828 COA BUSES 121,000 5 Apr-19 2.50% 4.00% 0 5 24 29
5/14/2018 12-7 61910 JFK MODULAR CLASSROOMS 2,000,000 10 Apr-20 2.50% 4.00% 0 50 0 50
5/14/2018 12-8 A1911 WIFI BACKBONE 150,000 5 Apr-19 2.50% 4.00% 0 6 30 36
5/14/2018 12-8 B1912 HIGH SCHOOL ROOF TOP UNIT 123,000 10 Apr-19 2.50% 4.00% 0 5 12 17
5/14/2018 26 COLT COLTS CROSSING STREET WORK 70,000 10 Apr-19 2.50% 4.00% 0 3 7 10
5/14/2018 27-30 KNOB KNOB HILL ESTATES STREET WORK 80,000 10 Apr-19 2.50% 4.00% 0 3 8 11
5/14/2018 35-36 WASH WASHINGTON COMMONS STREET WORK 60,000 10 Apr-19 2.50% 4.00% 0 2 6 8
TOTAL INSIDE LEVY 5,855,000 0 152 185 337
TOTAL AMBULANCE C 0 0 0 01
TOTAL OUTSIDE LEVY 0 0 0 0
5/11/2015 6 LAND PURCHASE 1,740,000 10 Apr-19 2.50% 4.00% 0 70 174 244
5/14/2018 19-3 LAND PURCHASE(SUPPLEMENT) 325,500 10 Apr-19 2.50% 4.00% 0 13 33 46
TOTAL COMMUNITY PRESERVATION 2,065,500 0 83 207 289
5/11/2015 4 DISTRICT IMPROVEMENTS (Plymouth Rubber site) 8,597,000 20 Apr-21 2.50% 4.00% 0 0 0 0
5/9/2016 42 DISTRICT IMPROVEMENTS (Eversource Property) 250,000 10 Apr-20 2.50% 4.00% 0 0 0 0
TOTAL DISTRICT IMPROVEMENT FUND #370 0 0 0 0
5/14/2018 12-10 A1914 WATER LINE AT SULLIVAN TREATMENT FACILITY 2,440,000 20 Apr-20 2.50% 4.00% 0 61 0 61
TOTAL WATER 2,440,000 0 61 0 61
5/1/2000 15-12 SEWER I & I (balance) 719,790 20 N/A N/A N/A 0 0 0 0
4/30/2008 13-9 A1356 SCADA UPGRADE (balance) 145,000 10 N/A N/A N/A 0 0 0 0
TOTAL SEWER 864,790 0 0 0 0
GRAND TOTALS-AUTHORIZED/UNISSUED DEBT 2 0 296 392 687
AUTHDEBT.xlsx PIPELINE 11/28/2018Source page 11
TOWN OF CANTON FY 16 FY 17 FY 18 ORIGINAL FY 2020 tY 2020 COMMENT/REASON FOR
ACTUAL ACTUAL ACTUALYTD BASE
BUDGET REPORT FOR FY 2020 EXPENSE
ACTUAL BUDGET DEPT. INCREASE/DECREASE
EXPENSE EXPENSE FY 19 EXPENSESTHRU BUDGET REQUEST
DEPARTMENTAL WORKSHEETS 9/30/18
132 RESERVE FUND
1 1322 - 59600 RESERVE FUND TRANSFER OUT 0 0 0 500,000 0 500,000
SUBTOTAL EXPENSES $ ~ $0 ~0 X500,000 $0 $500,000
TOTAL 132 RESERVE FUND $ o ~o $o $soo>000 ~o ~soo,000 5'j~~; C0
~,
-~~ ~~~-
Department Head signature /Date
~~~ nGG~"ri V ~~ C~ b ~ ~ `~ ~` ~
Datc: 11/28/2018
Pagc: 4Source page 12
TOWN OF CANTON TY 16 PY 17 PY SS ORIGINAL rYzoao rYzozo
BUDGET REPORT FOR FY 2020 ACTUAL ACTUAL ACTUAL SUDG~T ACTUALYTD BASE DEPT.
COMNI~NT/R~ASON FOR
~XP~NS~ EXPENSE ~a.TENSE INCR~AS~ / DECI2~ASE
DEPARTMENTAL WORKSHEETS PY 19 ~XP~NS~S THI2U BUDGET R~QU~ST
9/30!18
422 STREET LIGHTING
14222 - 52000 PURCHASE OF SERVICES 3,435 12,351 0 0
14222 - 52101 ELECTRICITY 0 0
86,258 92,167 52,041 70,000
14222 - 52438 9,573 70,000 fir, !~ a~~b~l
MAINTENANCE CONTRACT 33,944 18,194 36,704 15,000 12,304 15,000
14222 - 57000 OTHER CHARGES/EXPENDITURE 3~l ;r1t?l~
17,445 0 0 0 0 0
SUBTOTAL EXPENSES $ 141,082 $122,713 X88,745 $85,000 $21,877 $85,000
TOTAL 422 STI2~~T LIGHTING $ 141,032 $122,713 888,7?5 $85,000 $21,877 X85,000 ~ ~ ~+:~~,~ ~
~~~~
Department Head signature /Date
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Y)ate: 11/28/2018
Page: 77Source page 13
TOWN OF CANTON FY 16 FY 17 FY 18 ORIGINAL FY 2020 rY 2020 COMMENT/REASON FOR
ACTUAL ACTUAL ACTUAL BUDGET ACTUALYTD BASE DEPT. INCREASE/DECREASE
BUDGET REPORT FOR FY 2020 EXPENSE EXPENSE EXPENSE FY 19 EaPENSES THRU BUDGET REQUEST
DEPARTMENTAL WORKSHEETS 9/30/18
423 SNOW &ICE REMOVAL
14231 - 51162 POLICE DETAIL SALARIES 0 148 0 2,000 0 2,000
14231 - 51300 OVERTIME SALARY 120,397 172,178 229,783 150,000 0 150,000
SUBTOTAL SALARIES &WAGES $ 120,397 $172,325 $229,783 X152,000 $0 $152,000
14232 - 52000 PURCHASE OF SERVICES 101,521 185,477 154,824 195,000 136 195,000 '~ ~,d UQ ~ ~S~ o 0o nfee~
14232 - 52425 REPAIR/MAINT EQUIPMENT 100,757 71,196 108,652 12,857 0 12,857
14232 - 52426 REPAIRS -STORM DAMAGE 1.,358 3,990 0 1,000 0 1,000
14232 - 52703 RENTAL OF EQUIPMENT 0 0 0 47,553 0 47,553
14232 - 53806 WEATHER SERVICE CONTRACT 1,395 1,395 1,395 1,090 1,495 1,090
14232 - 54801 GASOLINE FUEL 4;759 9,945 13,639 0 0 0
14232 - 54901 MEALS 3,850 6,640 15.353 1,000 0 1,000
14232 - 55306 BITUMINOUS MATERIALS 244 0 1,974 0 0 0
14232 -5530C SALT,SAND 8~ CHEMICALS 387,382 313,896 241,269 190,000 0 190,000 ut.► S, o00 '~ 1ST oop ^(2f c~
14232 - 58500 EQUIPMENT PURCHASE 0 0 7,226 0 Q 0
SUBTOTAL EXPENSES $ 601,266 $592,538 $544,332 $448,500 $1,631 $448,500
TOTAL 423 SNOW &ICE REMOVAL $ 721,663 $764,864 $774,115 $600,500 $1,631 $600,500
6So, SoU
Department Head signature /Date
Date: 11/27/2018 Page: 78Source page 14
'II'O~VN OF CANTON rY 1 G PY 17 FY 18 ORIGINAL TY 2020
ACTUAL TY 2020
~~JDG~T REPORT FOR FY 2020 ACTUAL ACTUAL BUDGET ACTUALYTD BASE DEPT.
COMMENT/REASON FOR
EXP~NS~ ~~'PENSE ~XP~NSE E}~ENSESTHRU INCREASE/DECREASE
DEPAYZTMENTAL WORKSHEETS rY19 BUDGET REQUEST
9/30/18
X33 TRAS~-I COLLECTION
14332 - 52000 PUR OF SERV-LANDFIL MONITOR 31,000 27,000 20,250 30,000 13,150
14332 - 52101 ELECTRICITY 30,000 ~Q J~ J
1,316 828 1,157 300
14332 - 52901 150 300 `~~~
TRASH &RECYCLING COST 926,766 1,137,495 1,305,439 1,345,819 225,587 1,345,8]9
14332 - 52902 RECYCLING COSTS f ~'~
358,997 156,228 2,919 0
14332 - 52903 619 0 ~ c
COMPOSTING COSTS 81,750 131,250 125,000 125,000 31,250 125,000 ZS
14332 - 52905 SOLID WASTE DISPOSAL 407,382 394,490 425,543 445,000 75,345
14332 - 53136 HOUSEHOLD HAZARD WASTE 445,000 L{'j~ ~ f~~J ✓ Z/J 'ini/.2,°-i
5,176 8,047 12,205 is,000
14332 - 54000 SUPPLIES
iio is,000 l ,00 p
2,400 3,000 2,500
SUBTOTAL EXPENSES $ 1,814,787 $1,858,338 X1,895,014 $1,961,119 X346,211 $1,961,119
TOTAL 433 TRASH COLLECTION ~ 1,814,787 $1,858,338 X1,895,014 $1,961,119 X346,211 $1,961,119
Z~~ ~ ~~
~'~~~. ~ /
Department Head signature /Date '
~ ~ ~ ~~
~~~ ~o ,C~nC~
IDatc: 11/28/2018 ~ ~ r ~ 6~1 ~~~ /~ -
Page: 82Source page 15
FY 2020 F1'2020
TOWN OF CANTON FY 16 FY 17 FY 1S ORIGINAL
BASE DEPT.
COMMENT/REASON FOR
ACTUAL ACTUAL ACTUAL BUDGET ACTUAL YTD INCREASE /DECREASE
BUDGET REPORT FOR FY 2020 EXPENSE EXPENSE EXPENSE FY 19 EXPENSESTHRU $ GET REQUEST
DEPARTMENTAL WORKSHEETS 9/30/18
840 BLUE HILLS REGIONAL ,~
18402 - 56991 BLUE HILLS REGIONAL 1,117,954 1,180,767 1,160,586 1,214,066 201,298 1,214,066 ~Z
SUBTOTAL EXPENSES $ 1,117,954 $1,180,767 $1,160,586 $1,214,066 $201,298 $1,214,066 ~
TOTAL 840 BLUE HILLS REGIONAL $ 1,117,954 $1,180,767 $1,160,586 $1,214,066 $201,298 $1,214,066 ~-~
~~
,~ r~ r ~. r r z~ r~
epartment Head signature /Date
Date: 11/27/2018 Page: 110Source page 16
Murgia, James R. From: Steven Moore <smoore@bluehills.org> Sent: Thursday, November 29, 2018 12:10 PM To: Murgia, James R. Subject: Re: Fy 20 Budget Jim Things are as well as can be expected for this time of year. The number of enrolled Canton students we are currently using (until DESE publishes the official count) is 67 an increase of 1 student over last year. In regards to the assessment number it is still a moving target for a variety of reasons We will not finish our building our budget until early January We do not have the Chapter 70 numbers and the required contribution amounts for each town We have done one round of borrowing for the project and anticipate completing the second round in late January. We are also still in the process of determining the amount to borrow in this second round. Never less I can provide you with a preliminary figure for 2020 - $1,441,826. This includes a projected assessment of $127,992 for the project. This is roughly a $234,038 increase over last year. What I can't provide you with is a great deal of assurance that this will be the number. We've been pretty conservative in creating this preliminary number, but the big wild cards right now will be the repayment schedule associated with the second round of borrowing and the states Chapter 70 required contribution numbers. We should be able to provide you with a solid number around February 1st Feel free to call if you have any questions and have a safe and joyous holiday season Steve Steven Moore Assistant Superintendent for Business and Personnel Blue Hills Regional Technical High School 781-828-5800 Ext 202 On Thu,Nov 29,2018 at 11:49 AM Murgia, James R. <lmurgia(a~town.canton.ma.us> wrote:
Source page 17
FY 2020 FY 2020
TOWN OF CANTON FY 16 FY 17 FY 18 ORIGINAL COMMENT/REASON FOR
Acru,u, ncruai. ACTUAL BUDGET ACTUAL YTD BASE DEPT. INCREASE/DECREASE
BUDGET REPORT FOR FY 2020 EXPENSE EXPENSE EXPENSE FY 19 EXPENSESTHRU EUUGET REQUEST
DEPARTMENTAL WORKSHEETS 9/30/15
841 NORFOLK COUNTYAGRICULTR HS ~,,
18412 - 56992 NORFOLK COUNTYAGRICULTURi 9,340 13,727 14,696 20,000 o Zo,000 ?~ 0~ '`
SUBTOTAL EXPENSES $ 9,340 $13,727 $14,696 X20,000 $0 $20,000
TOTAL 841 NORFOLK COUNTYAGRICULTI $ 9,340 $13,727 ~14,G9G X20,000 $0 $20,000 ~~ ,
~ "' !~` ''
Department Head signature /Date
` ~ r + ]
jff
~
' ~ ~ i~ y'
Date: 11/27/2018 Page: 111Source page 18
Murgia, James R.
From: Rick Fitzpatrick <rfitzpatrick@norfolkaggie.org>
Sent: Thursday, November 29, 2018 11:55 AM
To: Murgia, James R.
Subject: Re: Fy 20 Budget
Jim:
There are seven students currently attending. Tuition rates are not yet determined for next year.
would only guess that there maybe a small increase.
Rick
Richard D. Fitzpatrick, Jr.
Business Manager
Norfolk County Agricultural High School ~/ ~ ~~~ ~ ~ (_~
400 Main Street / ~
Walpole, MA 02081
rfitzpatrick(a~norfolkag~i~g
508-668-0268 ext 11213
fax 508-668-0612
On Thu, Nov 29,2018 at 11:44 AM Murgia, James R. <jmurgia(c~,town.canton.ma.us> wrote:
Rick —we're starting to work on our budgets for fy 20. Can you tell me how many students from
Canton attend the Aggie currently &how much the per student tuition will be next year? Thanks.
Jim Mzrrgia
Finance Director
Town ofCanton, MA
(781) 575-6612
jmurgia~a,town.canton.rna.us
***This e-mail and any files transmitted with it are confidential and intended solely for the use ofthe
individual or entity to whom they are addressed. If you have received this e-mail in error please notify the
originator of this message. Town of CantonSource page 19
TOWN OF CANTON FY 16 FY 17 FY 18 ORIGINAL FY 2020 FY 2020 COMMENT/REASON FOR
ACTUAL ACTUAL ACTUAL BUDGET ACTOALYTD BASE DEPT. INCREASE/DECREASE
BUDGET REPORT FOR FY 2020 EXPENSE EXPENSE EXPENSE FY 19 EXPENSESTHRU RIITf~FT RFn1IFCT
DEPARTMENTAL WORKSHEETS 9/30/18
911 RETIREMENT BENEFITS
19111 - 51780 NORFOLK COUNTY RETIREMENT 3,990,657 4,393,622 4,796,247 5,245,794 5,245,794 5,245,794 7 ~~d~J /'iC.:L !.Ll~ 1~~
19]11-5]790 DISABILITY PENSION 3,667 3,667 3,667 3,700 917 3,700 ~.~(~
SUBTOTAL SALARIES &WAGES $ 3,994,324 $4,397,289 $4,799,914 55,249,494 $5,246,711 $5,249,494
TOTAL 911 RETIREMENT BENEFTTS $ 3,994,324 S4,397,289 54,799,914 X5,249,494 ~i,246,7ll $5,249,494 ~ 7~"~ ~
~,
Department H d ignature /Date
Datc: 11/27/2018 Pagc: 113Source page 20
murq i
Norfolk County Retirement System
~{CC~L~OML 7t
January 4,2019
JAPJ , ;` 2019
D
BOARD OF SELECTMEN
CANTON h1A
To: Board of Selectmen
Town of Canton
Jamea E. ~milty From: Norfolk County Retirement System
Chairman /Treasurer
Josephine E. Shea
Elected Member Subj: Town of Canton
Karen F. Jelloe Fiscal Year 2020 Appropriation
Appointed Member
Paul J. Connors
Appointed Member The Norfolk County Retirement System has received several inquiries relative to the
Edwin S. Little member unit appropriation amounts for Fiscal Year 2020. We have received the
Elected Member appropriation figures. The units have two payment options,
~.
1) Paying the appropriation in two equal payments, one due on July 1, 2019 and
Kathleen Kiely-Becchetti, Esq.
the second due on January 1, 2020,
2) Paying the appropriation in a single payment on July 1, 2019 at a reduced
rate, approximately 2%less than option 1.
The amounts of each are set forth below. Please note that your Fiscal Year 2020
appropriation includes prior Early Retirement Incentives (ERIs), where applicable.
Option 1: $5,740,194.00 payable in two equal payments of
$2,870,097.00, the first on July 1, 2019 and the second on
January 1, 2020.
Option 2: $ 5,635,051.00 due in full on July 1, 2019.
The actual appropriation bills will be sent out at a later date.
We hope the above information is helpful. If you have any questions, please contact
Patrick LePage at 781-821-0664. Thank you.
480 Neponset Street, Building #15, Canton, MA 02021 •Tel: 781-821-0664 • 800-247-9992 •Fax: 781-821-0981
w ww.norfolkcountyretirement.org •Email: info@norfolkcountyretirement.org
e accost 75CSource page 21
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Notfollc County Contributory Reti~~e~ne~~.t Syster~a Page 38
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Breakouts -July Lump Sum Payment
Actives Fisca12020
Paz•ticipants PayroIl Appropriation
Avon Housing Auth. 1 $ 50,770 $ 12,658
Towzl of Avon 103 5,252,001 1,326,058
Town of Bellingham 263 13,162,759 3,326,269
Bellingham Hous. Auth. 2 125,424 31,271
Town of Canton 390 22,420,861 5,635,051
Canton Housing Auth. 6 328,967 91,654
Cohasset Housing Auth. 1 61,506 17,330
Town of Cohasset 179 9,688,873 2,462,635
Charles Riv. Poll. Cont. 11 691,756 176,400
Coux~.ty of Norfolk 138 8,673,774 2,482,591
Retiz•ed Sheriffs 0 0 1,355,922
Town of Dover 101 5,699,731 1,421,027
Dover/Shearborne Schl. 81 3,531,196 880,379
Foxboro Housing Auth. 6 297,205 80,611
Franklin Housing Aut1i. 6 348,841 91,921
Tovv~i of Foxboro 363 19,038,711 4,844,077
Town ofFxanlclin 457 22,986,553 5,765,354
Holbrook Housing Auth 2 135,187 ~ 41,540
Town of Holbrook 131 8,405,958 2,140,930
Massachusetts Respiratory 0 - -
King Phillip Reg School 72 3,012,508 751,063
Town of Medway 209 10,541,235 2,628,086Source page 22
FY 16 FY 2020 FY 2020 COMMENT/REASON FOR
TOWN OF CANTON FY 17 FY IS ORIGINAL
BASE DEPT.
ACTUAL ACTUAL ACTUAL BUDGET ACTUALYTD INCREASE/DECREASE
BUDGET REPORT FOR FY 2020 EaPENSE ERPENSE EXPENSE FY 19 EXPENSES THRU BUDGET REQUEST
9/30!18
DEPARTMENTAL WORKSHEETS
913 UNEMPLOYMENT COMPENSATION
19131 - 51720 UNEMPLOYMENT COMPENSATIO 100,000 100,000 100,000 100,000 100,000 100,000
SUBTOTAL SALARIES &WAGES $ 100,000 $100,000 $100,000 $100,000 $100,000 $100,000
TOTAL 913 UNEMPLOYMENT COMPENSAT ~ 100,000 $100,000 $100,000 $100,000 $100,000 $100,000 ~~ ~, ~~ u/
Department Head signature /
Date: 11/27/2018 Page: 114Source page 23
TOWN OF CANTON ~16 FY 1~ FY is oiucmrai. FY 2020 FY 2020 COA~IlI~NT/REASONFOR
ACTuni. ACTUAL ncTuw►, suvcEr ACTUALYTD BASE DEPT. INCREASE/DECREASE
BUDGET REPORT FOR FY 2020 EXPENSE EXPENSE EXPENSE FY 19 EXPENSESTARU BUDGET REQUEST
DEPARTMENTAL WORKSHEETS 9/30118
914 EMPLOYER SHARE-HEALTH INS
19141 - 51730 HEALTH INSURANCE OPT OUT 24,965 39,013 39,119 44,000 9,097 44,000 Q'~ O
19141 - 51732 MEDEX EMPLOYER SHARE 1,190,567 1,261,576 1,366,113 1,489,312 380,994 1,489,312 C~3
19141 - 51733 DENTAL HEALTH PLAN 452,352 388,924 469,571 492,030 128,253 492,030 ~}~ 3 y ~ ~a 0
19141 - 51735 HMO BLUE-EMPLOYER SHARE 6,560,392 6,809,492 7,055,182 7,083,875 1,818,689 7;083,875 ~ l~ ?a L ~ Z-
] 9141 - 51737 PPO BCBS EMPLOYER SHARE 1,906,319 2,152,768 2,393,135 2,678,163 684,479 2,678,163 ~~ ?s ~ ~2-
19141 - 51740 MEDICARE EMPLOYER SHARE 672.,954 686,379 743,894 744,278 155,449 744,278 7Z ~~/
19141 - 51741 MEDICARE PART B PENALTY 51,029 52,559 48,187 55,000 12,075 55,000 `~ ~C7 ,~
19141 - 51745 PAID TO OTHERS-RETIREES 2,941 178 0 0 0 0 -' -
19141 - 57000 OTHER CHARGES/EXPENDITURE 61,322 18,791 18,060 10,000 9,900 10,000 ~Ai O~~
SUBTOTAL SALARIES &WAGES $10,922,842 $11,409,681 $12,133,261 $12,596,658 $3,198,941 $12,596,658
TOTAL 914 EMPLOYER SHARE-HEALTH IN $ 10,922,842 $11,409,681 $12,133,261 $12,596,658 $3,198,941 $12,596,658 / '~7 Q ~/
Department He signature /Date
Date: 11/27/2018 Page: 115Source page 24
FISCAL 2020 HEALTH INSURANCE BUDGET
(2) (~ (4)
PPO PLAN HMO BLUE HEALTH DELTA DENTAL DENTAL PART B OPT OUT OTHER
MONTH INDIV FAMILY INDIV I FAMILY MEDEX TOTALS INDIV FAMILY TOTALS MEDICARE PENALTY i STIPENDS CHARGES TOTALS
FY 19 AVERAGE MEMBERSHIP COUNTS 63 75 T85 267 475 1,085 424 550 974
ESTIMATED CHANGE IN MEMBERSHIP 1 2 2 3 7 2 1 4 7 2
ESTIMATED MEMBERSHIP FY 20 62 77 188 280 477 1 084 428 544 972
MONTHLY COSTS - FY 19 1,191.97 2,827.66 827.66 2,175.41 , 341.72 23.10 78.54
ESTIMATED % INCREASE IN RATES 6.0% 6.0% 3.0% 3.0°fo 5.0% 0.0% 0.0%
MONTHLY COSTS - FY 20 1,263.49 2,997.32 852.49 2,240.67 358.81 23.10 78.54 I i
TOWN'S MONTHLY SHARE - FY 20 (75% 947.62 2 247.9$ 639.37 1 680.50 269.10 17.33 58.91 ~
ESTIMATED ANNUAL EXPENSE 700 288 2 074,894 1 438 577 5 651 536 1 541 431 88 981 384 178 779 204 50 000 49 000 20 000 12 778,088
ESTIMATED COMBINED EXPENSE 2,775,182 7,090 112 1,541,431 11,406 724 473,160 779,204 50 000 49 000 20,000 12,778 088
(1)-based on changes in average counts from fiscal 2018 to fiscal 2019.
2)-increase based on fiscal year 2019 estimated Medicare increasing from fiscal 2018 actual Medicare.
i ~
(3)-based on current reimbursements of Part B penalties not expected to change.
~_
4 -assumes 17 em to ees at $2 500 each & 2 at $3 250 will receive the o tout sti end.
INSINFO.xlsx fy20budget 1/2/2019Source page 25
TOWN OF CANTON FY 16 FY 17 FY 18 ORIGINAL FY 2020 FY 2020 COMMENT/REASON FOR
ACTUAL ACTUAL ACTUAL BUDGET ACTUALYTD BASE DEPT. INCREASE/DECREASE
BUDGET REPORT FOR FY 2020 EXPENSE EaPENSE EXPENSE FY 19 EXPENSESTHRU BUDGET REQUEST
DEPARTMENTAL.WORKSHEETS 9/30/18
915 EMPLOYER SHARE-LIFE INS
19151 - 51751 LIFE INS-EMPLOYER SHARE 58,637 59,640 59,994 62,250 19,860 62,250 k~ ~~~ V
SUBTOTAL SALARIES &WAGES $ 58,637 $59,640 $59,994 $62,250 X19,860 $62,250
TOTAL 915 EMPLOYER SHARE-LIFE INS $ 58,637 $59,640 $59,994 $62,250 S19,8G0 $62,250 Z
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Department He d signature / Dat
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v
Da tc: 11/27/2018 Pa~c: 116Source page 26
TOWN OF CANTON FY 16 FY 17 FY 18 ORIGINAL FY 2020 tY 2020 COMMENT/REASON FOR
ACTUAL ACTUAL ACTUAL BUDGET ACTUAL YTD BASE DEPT.
BUDGET REPORT FOR FY 2020 INCREASE /DECREASE
EXPENSE EXPENSE E7CPENSE FY 19 EXPENSES THRU BUDGET REQUEST
DEPARTMENTAL WORKSHEETS 9/30/18
946 TOWN INSURANCE
19462 - 53514 IOD-POLICE 8,203 19,780 3,09 22,500 1,697 22,500
19462-53515 IOD-FIRE 17,984 4,655 43,124 22,500 3,666 ?2,500 ,
19462 - 57006 CYBER LIABILITY 0 0 0 22,500 0 22,500 ~ ✓
19462 - 57403 FLOOD INSURANCE 0 0 0 60,000 0 60,000 -- ~ ~
19462 - 57405 WORKERS COMP. INSURANCE 364,137 380,358 332,996 319,000 291,331 319,000
19462 - 57406 POLICE LIABILITY 12,520 15,145 16,560 17,500 16,742 17,500
19462 - 57408 PUBLIC OFFICIALS LIABILT 42,046 53,589 56,200 58,500 58,858 58,500
19462 - 57409 UMBRELLA LIABILITY 32,535 38,372 40,370 41,800 53,489 41,800 ~
19462 -5740A AUTO FLEET 150,747 174,197 172,784 177,100 177,932 177,100
]9462-5740B PROPERTY PACKAGE 186,238 178,887 178,765 180,500 157,000 180,500 - ~ ~ ~ ~ -
19462 -5740C SCHOOL LEGAL LIABILITY 14,595 20,744 21,781 22,700 24,430 22,700 ~ -" /
19462 -5740G GENERAL LIABILITY LOSS 46,389 41,685 46,073 49,000 79,210 49,000
19462-5740H INDEMNIFICAT.POLICE/FIRE- ~~m~~' ~ 6,867 5,214 8,196 15,000 853 15.000 ~
19462- 5740J TOWN INS. POLICE/FIRE CAT- t~FINSVR 96,966 65,489 94,903 97,000 92,241 97,000 - ~
19462 - 57410 EMPLOYER PRACTICES LIAB INS ~ Q~^'E 0 0 0 5,500 0 5,500
19462 - 57411 POLLUTION LIABILITY INSURANCE 39,251 39,251 34,510 34,600 31,768 34,600 ~
19462 - 57412 SNOW REMOVAL LIABILITY 6,320 585 390 0 0 0
19462 - 57800 CONTINGENCIES 0 20,344 26,852 60,000 21,144 60,000 ~'
SUBTOTAL EXPENSES $ 1.024,801 $1,058,297 X1,076,813 X1,205,700 $1,040,3G2 $1,205,700
TOTAL 946 TOWN INSURANCE $ 1,024,801 X1,058,297 $1,076,813 $1,205,700 $1,040,3G2 $1,205,700 1/
I
o 8 0 0 o e e ~ o m o Department Head signature /Date
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Date: 11/28/2018
Page: 118
NSource page 27
FY 2020 FY 2020 COMMENT/REASON FOR
TOWN OF CANTON FY 16 FY 17 FY 18 ORIGINAL
BASE DEPT.
ACTUAL ACTUAL ACTUAL BUDGET ACTUAL YTD INCREASE /DECREASE
BUDGET REPORT FOR FY 2020 EXPENSE EXPENSE EXPENSE FY 19 EXPENSESTHRU BUDGET REQUEST
DEPARTMENTAL WORKSHEETS 9i3ons
993 OPEB TRANSFER
19432 - 59615 TRANSFER TO OPEB 750,000 770,000 1,000,000 800.000 800,000 800,000 / ~J ✓
SUBTOTAL EXPENSES $ 750,000 $770,000 $1,000,000 X500,000 $800,000 5800,000
TOTAL 993 OPEBTRANSFER $ 750,000 $770,000 $1,000,000 S800,000 $800,000 $800,000 ~~ ~,`~
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/~ East Coan West Coast
;1Nn~~aardAve.3~.Ji=,j 1 :350Eh:~raao:~,~~,=.pis::•+
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EXHIBIT D
Projected Cash Flows(O~en Group)-Partial Funding Approach
~ Total Medical, Dental Lc Life Insurance -Partial funding- 5.25% discount rate ~ / ~
II. Fiduciary Net
I.Total OPEB Position as of VII. Excess
Liability ("TOL") Measurement IV. VI. Employer Employer VIII. Total
For the as of Date with III. Net OPEB Funded Share of Payments Employer
Fiscal Measurement expected 6.80% Liability (Asset) Ratio Premiums / (beyond Payments
Year Measurement Date Date return [I. - II.] [II./ I] V. Service Cost Claims claims) [VI. +VII.]
2018 July 1, 2017 90,505,696 2,980,372 87,525,324 3.29°6 2,515,861 3,013,850 770,000 3,783,880
2019 July 1, 2018 94,641,795 4,216,478 90,425,317 4.46°,6 2,675,741 3,179,556 1,000,000 4,179,556
2020 July 1, 2019 99,036,iS2 5,536,639 93,499,543 5.5996 2,828,953 3,374,392 1,000,000 A,374,392
2021 July 1, 2020 103,623,321 6,946,571 96,676,750 6.70% 2,980,360 3,561,935 1,000,000 4,561,935
2022 July 1, 2021 108,399,811 8,452,379 99,947,432 7.80°6 3,144,976 3,775,351 1,000,000 4,775,351
2023 July 1, 2022 113,261,619 10,060,582 103,201,037 8.8896 3,306,951 4,093,599 1,000,000 5,093,599
2024 July 1, 2023 118,292,913 11,778,142 106,514,771 9.96% 3,471,562 4,340,161 1,000,000 5,340,161
2025 July 1, 2024 123,578,826 13,612,497 109,966,329 11.02% 3,658,203 4,524,806 1,000,000 5,524,806
2026 July 1,2025 129,033,208 15,571,588 113,461,620 12.07°6 3,840,067 4,800,805 1,000,000 5,800,805
2027 July 1,2026 134,710,178 17,663,897 117,046,281 13.11% 4,037,493 5,070,718 1,000,000 6,070,718
2028 July 1,2027 140,603,926 19,898,483 120,705,443 14.15% 4,242,428 5,342,638 1,000,000 6,342,638
2029 July 1, 2028 146,600,624 22,285,021 124,315,603 15.20% 4,429,821 5,672,584 1,000,000 6,672,584
2030 July 1, 2029 152,760,547 24,833,843 127,926,704 16.26% 4,639,045 6,007,180 1,000,000 7,007,180
2031 July 1, 2030 159,097,258 27,555,985 131,541,273 17.3246 4,874,765 6,342,348 1,000,000 7,342,348
2032 July 1,2031 165,385,402 30,463,233 134,922,169 18.4296 5,111,559 6,812,851 1,000,000 7,812,851
2033 July 1,2032 171,826,905 33,568,174 138,258,731 19.54% 5,359,342 7,262,567 1,000,000 8,262,567
2034 July 1, 2033 175,649,399 36,884,251 141,765,148 20.65% 5,625,333 7,Sfi0,507 1,000,000 8,560,507
2035 July 1, 2034 185,465,706 40,425,821 145,039,885 21.8096 5,909,520 7,970,505 1,000,00 8,970,505
2036 July 1, 2035 192,735,270 44,208,218 148,527,052 22.9496 6,196,990 8,321,215 1,000,000 9,321,215
2037 July 1, 2036 200,669,130 48,247,818 152,421,312 24.04% 6,515,725 8,410,734 1,000,000 9,410,734
2038 July 1, 2037 208,895,802 52,562,110 156,333,692 25.16% 6,838,635 8,662,827 1,000,000 9,662,827
2039 July 1, 2038 217,706,369 57,169,774 160,536,595 26.26% 7,167,1b9 8,950,435 1,000,000 9,950,435
2040 July 1, 2039 226,985,198 62,090,759 164,894,439 27.3596 7,527,665 9,236,717 1,000,00 10,236,717
2041 July 1, 2040 236,612,152 67,346,371 169,265,781 28.46% 7,903,133 9,649,906 1,000,000 10,649,906
2042 July 1, 2041 246,805,719 72,959,365 173,846,354 29.56% 8,310,167 10,037,211 1,000,000 11,037,211
2043 July 1,2042 257,541,453 78,954,043 178,587,410 30.66% 8,746,153 10,552,002 1,000,000 11,552,002
2044 July 1, 2043 268,817,771 85,356,359 183,461,412 31.7596 9,203,498 10,934,196 1,000,000 11,934,196
2045 July 1, 2044 280,866,223 92,194,032 188,672,191 32.82% 9,681,284 11,322,997 1,000,000 12,322,997
2046 July 1, 2045 293,553,488 99,496,667 194,056,521 33.89% 10,198,462 11,856,013 1,000,000 12,856,013
2047 July 1, 2046 307,111,341 107,295,881 199,515,460 34.94% 10,733,646 12,190,734 1,000,000 13,190,734
2048 July 1,2047 321,635,803 115,625,442 206,010,361 35.95% 11,310,442 12,664,241 1,000,000 13,664,241
2049 July 1, 2048 336,844,462 124,521,413 212,323,049 36.97% 11,907,334 13,222,242 1,000,000 14,222,242
Town of Canton Other Postemployment Benefits Plan
Actuarial Valuation as of July 1,2016
June 2018
Page 59Source page 29
` East Coazt West Coast
' ~F7\ J~("~~ 11Hs~werdAve.=~~:..~ioa~ ?35UEFt~R~ngo~ae~~icnL`~
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EXHIBIT E
Projected Cash Flows(Open Group)-Funded Approach
Tofal Medical, Dental ~e Life Insurance - 7.00% discount rate increasing at 0.00% per year
II. Fiduciary Net
I.Total OPEB Position as of III. Net OPEB 'e~
Liability("TOL") Measurement Liability VI. Employer VIII. Total
For the as of Date with (Asset) IV Funded Share of VII. Annual Employer
Fiscal Measurement expected 6.80% ("NOL") Ratio Premiums/ Funding / Payments
Year Date return [I. - II.] [II./ I.] V. Service Cost Claims (Payments) [VI. +VII.]
2018 68,073,697 2,980,372 65,093,325 4.38% 1,558,083 3,013,880 2,356,000 5,369,880
2019 71,432,757 5,617,824 65,814,933 7.86% 1,663,833 3,179,556 2,356,000 5,535,556
2020 74,937,150 8,434,623 66,502,527 11.26% 1,763,703 3,374,392 2,356,000 5,730,392
2021 78,603,235 11,442,964 67,160,271 14.56% 1,860,898 3,561,935 2,356,000 5,917,935
2022 82,414,658 14,655,872 67,758,786 17.78% 1,965,812 3,775,351 2,356,000 6,131,351
2023 86,269,164 18,087,258 68,181,906 20.97% 2,068,304 4,093,599 2,356,000 6,449,599
2024 90,250,322 21,751,978 68,498,344 24.10% 2,171,555 4,340,161 2,356,000 6,696,161
2025 94,441,018 25,665,899 68,775,119 27.18% 2,288,554 4,524,806 2,356,000 6,880,806
2026 98,753,140 29,845,967 68,907,173 30.22% 2,401,448 4,800,805 2,356,000 7,156,805
2027 103,214,947 34,310,279 68,904,668 33.24% 2,524,031 5,070,718 2,356,000 7,426,718
2028 107,816,035 39,078,165 68,737,870 36.25°h 2,650,873 5,342,638 2,356,000 7,698,638
2029 112,459,434 44,170,267 68,289,167 39.28% 2,764,063 5,672,584 2,356,000 8,028,584
2030 117,173,633 49,608,632 67,565,001 42.34% 2,890,376 6,007,180 2,356,000 8,363,180
2031 121,975,397 55,416,806 66,558,591 45.43% 3,033,264 6,342,348 2,356,000 8,698,348
2032 126,652,558 61,619,935 65,032,623 48.65% 3,176,439 6,812,851 2,356,000 9,168,851
2033 131,331,975 68,244,877 63,087,098 51.96% 3,325,797 7,262,567 2,356,000 9,618,567
2034 136,251,119 75,320,315 60,930,804 55.28% 3,485,861 7,560,507 2,356,000 9,916,507
2035 141,075,161 82,876,883 58,198,278 58.75% 3,657,030 7,970,505 2,356,000 10,326,505
2036 146,169,742 90,947,298 55,222,444 62.22% 3,829,291 8,321,215 2,356,000 10,677,215
2037 151,805,028 99,566,501 52,238,527 65.59% 4,021,530 8,410,734 2,356,000 10,766,734
2038 157,647,730 108,771,810 48,875,920 69.00% 4,215,868 8,662,827 2,356,000 11,018,827
2039 163,881,180 118,603,080 45,278,100 72.37% 4,412,658 8,950,435 2,356,000 11,306,435
2040 170,442,922 129,102,876 41,340,046 75.75°~ 4,628,561 9,236,717 2,356,000 11,592,717
2041 177,194,059 140,316,658 36,877,401 79.19% 4,853,009 9,649,906 2,356,000 12,005,906
2042 184,310,081 152,292,977 32,017,104 82.63°~ 5,096,669 10,037,211 2,356,000 12,393,211
2043 191,717,523 165,083,686 26,633,837 86.11°.6 5,357,716 10,552,002 2,356,000 12,908,002
2044 199,493,841 178,744,163 20,749,678 89.60% 5,631,591 10,934,196 2,356,000 13,290,196
2045 207,840,937 193,333,553 14,507,384 93.02°~ 5,917,556 11,322,997 2,356,000 13,678,997
2046 216,596,645 208,915,021 7,681,624 96.45°~ 6,227,483 11,856,013 2,356,000 14,212,013
2047 226,037,405 225,556,029 481,376 99.79% 6,S4S,156 12,190,734 2,356,000 14,546,734
2048 236,142,081 243,328,626 (7,186,545) 103.04% 6,893,952 12,664,241 481,376 13,145,617
2049 246,738,520 260,372,446 (13,633,926) 105.53% 7,251,728 13,222,242 0 13,222,242
Town of Canton Other Postemployment Benefits Plaza
Actuarial Valuation as of July 1,2016
june 2018
Page 60Source page 30
East Coast A'est Coast
~~ ~~~~~~~ ;1 Ne~ward 4•ia,?~ Ji:a i ?}50 6 F:nrt: sac J~a•a.5~i~n :5 s
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i Btl'A 537-r00 ~i0?) c~19.2e?0
~U+JIti~RS
EXHIBIT E
Projected Cash Flows(Open Group)-Funded Approach
Total Medical, Dental F~ Life Insurance - 7.00% discount rate and increasing at 3.00%der year
II. Fiduciary Net
I.Total OPEB Position as of III. Net OPEB
Liability("TOL") Measurement Liability VI. Employer VIII. Total
as of Date with (Asset) IV Funded Share of VII. Annual Employer
For the
Measurement expected 6.80% ("NOL") Ratio Premiums / Funding/ Payments
Fiscal
Date return [I. - II.] [II. / I.] V. Service Cost Claims (Payments) [VI. +VII.]
Year
68,073,697 2,980,372 65,093,325 4.38% 1,558,083 3,013,880 1,772,000 4,785,880
2018
71,432,757 5,014,294 66,418,463 7.02% 1,663,833 3,179,556 1,825,160 5,004,716
2019
74,937,150 7,241,461 67,695,689 9.66% 1,763,703 3,374,392 1,879,915 5,254,307
2020
78,603,235 9,676,661 68,926,574 1231% 1,860,898 3,561,935 1,936,312 5,498,247
2021
82,414,658 12,335,738 70,078,920 14.97% 1,965,812 3,775,351 1,994,401 5,769,752
2022
86,269,164 15,235,664 71,033,500 17.66% 2,068,304 4,093,599 2,054,233 6,147,832
2023
90,250,322 18,394,617 71,855,705 20.3896 2,171,555 4,340,161 2,115,860 6,456,021
2024
21,832,067 72,608,951 23.12°x6 2,288,554 4,524,806 2,179,336 6,704,142
2025 94,441,018
98,753,140 25,568,862 73,184,278 25.89% 2,401,448 4,800,805 2,244,716 7,045,521
2026
103,214,947 29,627,326 73,587,621 28.70% 2,524,031 5,070,718 2,312,057 7,382,775
2027
107,816,035 34,031,358 73,784,677 31.56% 2,650,873 5,342,638 2,381,419 7,724,057
2028
112,459,434 38,806,546 73,652,888 34.51% 2,764,063 5,672,584 2,452,862 8,125,446
2029
117,173,633 43,980,279 73,193,354 37.53% 2,890,376 6,007,180 2,526,448 8,533,628
2030
49,581,873 72,393,524 40.65% 3,033,264 6,342,348 2,602,241 8,944,589
2031 121,975,397
126,652,558 55,642,703 71,009,855 43.93% 3,176,439 6,812,851 2,680,308 9,493,159
2032
131,331,975 62,196,347 69,135,628 47.36% 3,325,797 7,262,567 2,760,717 10,023,284
2033
136,251,119 69,278,736 66,972,383 50.85% 3,485,861 7,560,507 2,843,539 10,404,046
2034
141,075,161 76,928,319 64,146,842 54.53°6 3,657,030 7,970,505 2,928,845 10,899,350
2035
146,169,742 85,185,233 60,983,509 58.28% 3,829,291 8,321,215 3,016,710 11,337,925
2036
151,805,028 94,096,488 57,708,540 61.99% 4,021,530 8,410,734 3,107,211 11,517,945
2037
157,647,730 103,706,168 53,941,562 65.78% 4,215,868 8,662,827 3,200,427 11,863,254
2038
163,881,180 114,065,639 49,815,541 69.60% 4,412,658 8,950,435 3,296,440 12,246,875
2039
170,442,922 125,228,778 45,214,144 73.47% 4,628,561 9,236,717 3,395,333 12,632,050
2040
177,194,059 137,253,211 39,940,848 77.46% 4,853,009 9,649,906 3,497,193 13,147,099
2041
184,310,081 150,200,571 34,109,510 81.49% 5,096,669 10,037,211 3,602,109 13,639,320
2042
191,717,523 164,136,776 27,580,747 85.61% 5,357,716 10,552,002 3,710,172 14,262,174
2043
199,493,841 179,132,320 20,361,521 89.79% 5,631,591 10,934,196 3,821,477 14,755,673
2044
207,840,937 195,262,588 12,578,349 93.9596 5,917,556 11,322,997 3,936,121 15,259,118
2045
216,596,645 212,608,192 3,988,453 98.16% 6,227,483 11,856,013 4,054,205 15,910,218
2046
226,037,405 231,255,330 (5,217,925) 102.31% 6,548,156 12,190,734 3,988,453 16,179,187
2047
236,142,081 251,102,523 (14,960,442) 106.34% 6,893,952 12,664,241 0 12,664,241
2048
246,738,520 268,177,495 (21,438,975) 108.69% 7,251,728 13,222,242 0 13,222,242
2049
Town of Canton Other Postemployment Benefits Plan
Actuarial Valuation as of July 1,2016
June 2018
Page 61Source page 31
FY 16 FY 17 FY 18 ORIGINAL FY 2020 FY 2020 COMD4ENT/REASON FOR
TOWN OF CANTON
ACTUAL ACTUAL ACTUAL BUDGET ACTUALYTD BASE DEPT. INCREASE/DECREASE
BUDGET REPORT FOR FY 2020 EXPENSE EXPENSE EXPENSE FY 19 EXPENSESTHRU BUDGET REQUEST
DEPARTMENTAL WORKSHEETS 9/30/18
820 CHERRY SHEET ASSESSMENTS
18202 - 56304 CHARTER SCHOOLASSESSMENT 58,865 115,328 149,872 161,361 58,542 161,361 a- ~ 16
18202 - 56310 SPECIAL EDUCATION CH71 B 41,192 35,670 0 24,855 0 24;855 ~ ~~~
18202 - 56320 SCHOOL CHOICE ASSESSMENT 9,836 18,683 25,149 20,100 12;423 20,100 ~3~ Q7~ -- ,
18202 - 56390 MOSQUITO CONTROL PROJECT 94,393 96,837 100,465 104,022 30,165 104,022 ,✓~.~' ~`'t
18202 - 56400 AIR POLLUTION CONTR DIST 8,002 8,202 8,417 8,651 2,163 8,651 ?5". ~o~~f 1
18202 - 56410 METRO AREA PLANNING CNCL 10,994 11,269 11,581 11,888 2,973 11,888 / 9. LC"~'c~ t .' ~
18202 - 56460 REG OF MV NON-RENEWAL 26,620 22,380 22,380 22,380 5,595 22,380 ~~, 38"D ~
18202 - 56610 MASS BAY TRANSIT AUTHORT n~c oc~ 480,581 488,430 sm R~~ 125,706 502,823 'tea. ~ Z~
SUBTOTAL EXPENSES $788,950 $806,294 $237,567 $856,080 ,nX
1~ ~'~
TOTAL 820 CHERRY SHEET ASSESSMENTS $ 725,754 $788,950 $806,294 $856,080 $237,567 $856,080
epartment Head signature / Dat~
Date: 11/27/2018 Pare: 108Source page 32
C.S. 1-EC Commonwealth of Massachusetts Department of Revenue FY2019
N OTICE TO ASSESSORS OF ESTIMATED CHARGES
General Laws, Chapter 59, Section 21
Canton
A. COUNTY ASSESSMENTS:
County Tax 214,234
Suffolk County Retirement p
Essex County Reg Comm Center p
Sub-Total, County Assessments: 214,234
B. STATE ASSESSMENTS AND CHARGES:
Retired Employees Health Insurance p
Retired Teachers Health Insurance 0
Mosquito Control Projects 120,647
Air Pollution 8,651
Metropolitan Area Planning Council 11,888
Old Colony Planning Council p
RMV Non-Renewal Surcharge 22,380
Sub-Total, State Assessments: 163,566
C. TRANSPORTATION AUTHORITIES:
MBTA 502,823
Boston Metro. Transit District ~
Regional Transit p
Sub-Total, Transportation Assessments: 502 823
D. ANNUAL CHARGES AGAINST RECEIPTS:
Special Education 24,855
STRAP Repayments p
Multi-Yr Repayment p
Sub-Total, Annual Charges Against Receipts: 24 855
E. TUITION ASSESSMENTS:
School Choice Sending Tuition 43,075
Charter School Sending Tuition 234,168
Sub-Total, Tuition Assessments: 277,243
F. TOTAL ESTIMATED CHARGES: 1,182,721