Christine Reynolds

“Ms. Reynolds moved to recommend affirmative action on Article 1.”

“Ms. Reynolds raised questions about the CPS facilities study's impact on this project.”

“Ms. Reynolds moved Affirmative Action at the Finance Committee's CCRSD budget guideline of $23,029,906 w/o debt”

“Ms. Reynolds seconded”

“Ms. Reynolds asked to remove items D (Hillcrest steps), F (250 trees), and H (cemetery bench) from the group (Items A-Q) of Article 40 for separate discussion and vote.”

“Ms. Reynolds moved No Action on Item H (Cemetery bench)”

“Ms. Reynolds stated that she thought we were to be done with funding by 2030.”

“Ms. Reynolds stated that she is not a fan of hiring people using grant money because it goes away. What is the thinking behind getting ahead on this case?”

“Ms. Reynolds seconded”

“Ms. Reynolds seconded”

“Ms. Reynolds seconded”

“Ms. Reynolds seconded”

“Ms. Reynolds seconded”

“Ms. Reynolds seconded”

“Ms. Reynolds seconded”

“Ms. Reynolds seconded”

“Ms. Reynolds moved”

“Ms. Reynolds moved”

“Ms. Reynolds moved”

“Ms. Reynolds moved”

“Ms. Reynolds moved”

“Ms. Reynolds moved”

“Ms. Reynolds moved”

“Ms. Reynolds moved”

“Ms. Reynolds asked Mr. Ansaldi to briefly explain how he got from $1,725,000 to $2.18 Million.”

“Ms. Reynolds asked Mr. Ansaldi to briefly explain how he got from $1,725,000 to $2.18 Million.”

“Ms. Reynolds asked Mr. Ansaldi to briefly explain how he got from $1,725,000 to $2.18 Million.”

“Ms. Reynolds stated that heavier spending is being incurred at this time due to construction progress.”

“Ms. Reynolds mentioned giving feedback to Kerry on the proposal.”

“Ms. Reynolds asked questions regarding the details of FY23 closeout transactions and transfers.”

“Ms. Reynolds noted that the new Middle School construction is on track with $8 Million being spent to date of the total budget.”

“Ms. Reynolds noted that the new Middle School construction is on track with $8 Million being spent to date of the total budget.”

“seconded by Ms. Reynolds”

“Ms. Reynolds mentioned that the schools planned to request funding from the CPC for the installation of an irrigation system at the new middle school.”

“Ms. Reynolds mentioned that the schools planned to request funding from the CPC for the installation of an irrigation system at the new middle school.”

“seconded by Ms. Reynolds”

“Ms. Reynolds made a motion to move affirmative action on the revised motion”

“Ms. Reynolds asked about the Munis (accounting system) implementation.”

“Ms. Reynolds asked about the Munis (accounting system) implementation.”

“as caught Ms. Reynolds”

“Ms. Reynolds asked if we would be going to Town Meeting with an Amendment.”

“Ms. Reynolds asked if we would be going to Town Meeting with an Amendment.”

“Ms. Reynolds seconded the motion.”

“Ms. Reynolds seconded the motion.”

“Ms. Reynolds made a motion of no action on this item”

“Ms. Reynolds”

“Ms. Reynolds reported on some changes FinCom might make to atract and retain talent as members and as leaders.”

“Ms. Reynolds reported on some changes FinCom might make to atract and retain talent as members and as leaders.”

“Ms. Reynolds asked for more info on the items in Article 18.”

“Ms. Reynolds asked for more info on the items in Article 18.”

“Christine Reynolds stated that she feels more discussion is needed given uncertainty over funding sources.”

“Christine Reynolds asked if Don Kupka's previously raised questions about school capital projects have been answered.”

“MOTION: Christine Reynolds moved to recommend affirmative action on Article 7.”

“MOTION: Christine Reynolds moved to recommend affirmative action on Article 7.”

“Christine Reynolds withdrew her motion.”

“Christine Reynolds withdrew her motion.”

“Christine Reynolds stated that she appreciates the support that the CPS budget has received, but this would contribute to an increase of almost 8% in the median property tax bill, which she feels is too high and is one of several warning signs she is seeing from a fiscal perspective.”

“Chris Reynolds moved that the three sets of minutes be approved”

“Ms. Reynolds highlighted that the estimated free cash balance could be as low as 5.06%, which means the Town would have little to no room to do anything more with free cash at this level given the floor on free cash is 5%.”

“Ms. Reynolds wanted to understand if the $29K is the only carry forward?”

“Ms. Reynolds asked about legal expenses.”

“Ms. Reynolds asked how did this year compare to last year with respect to the Capital plan?”

“Ms. Reynolds asked what the approval process is regarding how the money gets spent?”

“Ms. Reynolds asked if the Town continues to lose money on these meters.”

“Ms. Reynolds wanted to understand if there were any public/private partnerships?”

“Ms. Reynolds and Ms. Ortner both indicated a preference for waiting to vote on Article 26.”

“Ms. Reynolds and Ms. Ortner both indicated a preference for waiting to vote on Article 26.”

“Ms. Reynolds asked if these articles would change the Town budget”

“The school-related sections will be written by Ms. Cuocolo, Mr. Dahlberg, and Ms. Reynolds as noted in the outline.”

“Ms. Reynolds noted that if CPS spending grows at 4% per year in the future, we'll be exceeding our revenue. She further noted that if the Town and Schools cannot reduce costs, it cannot all drop to property taxes. Ms. Reynolds noted that the Town and Schools must look at ways to increase non-property tax revenues. She reiterated that this is not only the Finance Committee's responsibility but everyone's.”

“MS. Reynolds said that the Warrant for the ATM will contain 46 Articles including 31 that will be presented at FinCom hearings.”

“MS. Reynolds said that the Warrant for the ATM will contain 46 Articles including 31 that will be presented at FinCom hearings.”

“Ms. Reynolds noted that CPS's addition of 11 FTEs plus increases in compensation of 4-5% are driving the increase.”

“Chris”

“Ms. Reynolds moved to accept the guidelines increases”

“Ms. Reynolds moved to accept the guidelines increases”

“Ms. Reynolds moved to accept the guidelines increases”

“Ms. Reynolds moved to accept the guidelines increases”

“Christine Reynolds asked if the $250,000 allocated to constructing a park would also be returned.”

“Christine Reynolds welcomed Dr. Dawson and observed that the FY24 budget has not yet been finalized. She asked for confirmation that the FY24 budget will not be a decrease.”

“Christine Reynolds stated that she continues to have an issue with the process.”

“Christine Reynolds stated that she continues to have an issue with the process.”

“Christine Reynolds observed that the approach of the building committee's value engineering was to limit the impact to space. She noted that the building committee has settled on a new total cost of $110M, but that is not necessarily where bids will come in. She identified several components of the project that the committee may wish to consider as potential additional alt-deletes, including kitchen outfitting, audio-visual, sound system, telecom system, external bollards, and security cameras.”

“Ms. Reynolds reported that the Light Board is doing ongoing work related to rate setting is ongoing.”

“Lois will lead the task of writing the Finance Committee Report for STM with help from Parashar, Peggy, Christine, Amrith, and Bob.”

“Lois will lead the task of writing the Finance Committee Report for STM with help from Parashar, Peggy, Christine, Amrith, and Bob.”

“Lois will lead the task of writing the Finance Committee Report for STM with help from Parashar, Peggy, Christine, Amrith, and Bob.”

“Chris Reynolds noted that the Select Board will present a Warrant Article to ask citizens to approve raising the budget for the Middle School above the $102.8M approved at ATM and above the current estimate of $108.7M, probably to $115M.”

“Ms. Reynolds felt that the Finance Committee should provide input to the Select Board on this project.”

“Ms. Reynolds provided an update as an observer on the middle school building committee and as a finance committee member.”

“Ms. Reynolds asked Dr. Hunter if Carlisle is aware of these anticipated changes”

“Ms. Reynolds asked Ms. Lafleur and Mr. LeLacheur about the plan for spending ARPA funds.”

“In response to a question from Ms. Reynolds”

“Ms. Reynolds stated that the developer was looking for an answer by sometime in October.”

“Ms. Reynolds noted that different committees will come forward to help with determining the warrant amount including MSBC and FinCom.”

“Ms Reynolds presented the history of the proposed project”

“Ms Reynolds noted that this represents an approximate 10% increase in taxes, and we should relook at smoothing calculations to see how best to apply reserves to smooth out the peak impact in 2025.”

“Ms. Christine Reynolds seconded the motion”

“Ms. Christine Reynolds seconded the motion”

“Ms. Reynolds reported that the Middle School Building Committee had received estimates from its consultants about the bids that will be received in about a year.”

“Ms. Reynolds reported that the Middle School Building Committee had received estimates from its consultants about the bids that will be received in about a year.”

“Ms. Reynolds noted that the sole item on the agenda was whether the Finance Committee would recommend that Concord Town Meeting take affirmative action on Article 19”

“Christine Reynolds called the meeting to order at 12:40PM”

“Ms. Reynolds called the meeting to order at 7:02pm with a roll call VOTE”

“Ms. Reynolds agreed to seek answers to the Committee's questions regarding the amended plan”

“Ms Reynolds (Chair) presented the following list of Officers for next year.”

“Ms. Reynolds briefed the Committee reaching agreement with the Concord School Committee regarding the CPS Budget for FY 23.”

“Ms. Reynolds noted that the Article is now advisory and no longer requests funds from taxpayers, and now believes the article is outside our purview.”

“Ms. Reynolds opened the meeting for public comments.”

“Ms Reynolds asked if members felt Fin Com should make public statements on the following Articles at Annual Town Meeting 2022: Articles 9, 10, 18, 19, 24, 25, and the Beede Center.”

“Ms. Reynolds adjourned the meeting at 8:55 PM”

“Ms. Reynolds”

“Ms. Reynolds called the meeting was called to order with a roll-call vote”

“Ms. Reynolds called for a roll-call vote”

“Ms. Reynolds called for a roll-call vote”

“Ms. Reynolds called for a roll-call vote”

“Ms. Reynolds”

“Ms. Reynolds welcomed the Concord Public School Committee and set the context for the discussion relative to the CPS budget and its growth trajectory.”

“Ms. Reynolds called the meeting was called to order”

“Ms. Reynolds reminded members of correspondence that was circulated relative to Article 18.”

“Ms. Reynolds provided a review of the calendar, and future meetings.”

“Ms. Reynolds informed the committee that she would work with Ms. Hartman and Mr. Banfield and together make recommendations on officers for the Finance Committee and the guidelines subcommittee at a future meeting.”

“Chair Reynolds requested to bring the meeting to order at 9:50 PM.”

“Chair Reynolds invited further discussion on the articles that were covered during the preceding public hearing.”

“Chair Reynolds invited further discussion on the articles that were covered during the preceding public hearing.”

“Chair Reynolds invited further discussion on the articles that were covered during the preceding public hearing.”

“Chair Reynolds requested to bring the meeting to order at 9:15 PM.”

“Chair Reynolds noted that the CPS budget remains $312,585 over the guideline.”

“Chair Reynolds clarified that the Finance Committee looks at employee compensation and benefits as a whole, looking at the dollars the Town spends.”

“Chair Reynolds asked for questions and comments from the Finance members”

“Chair Reynolds thanked Ms. Lafleur for the presentation and invited questions and comments from members on Article 13 OPED Trust Fund.”

“Chair Reynolds asked what will happen if the Gerow Park does not receive the $200,000 for improvements.”

“Chair Reynolds asked what will happen if the Gerow Park does not receive the $200,000 for improvements.”

“Chair Reynolds thanked Ms. Escobedo for the presentation and invited questions and comments from members on Article 24”

“Chair Reynolds asked if there were funds requested that are transfer funds?”

“Chair Reynolds asked if there were funds requested that are transfer funds?”

“Chair Reynolds thanked Ms. Kaye for the presentation and invited questions and comments from members on Article 25 Assabet River Bluff Preservation Project”

“Chair Reynolds thanked Ms. Proctor for the presentation and invited questions and comments from members on Article 26”

“Chair Reynolds recognized Phillip Posner to present Article 46 Citizen Petition: Reformatory Branch Trail Feasibility Study.”

“Chair Reynolds thanked Ms. Lafleur for the presentation and invited questions and comments from members.”

“Chair Reynolds asked for a motion to open the Public Hearing for March 3, 2022 at 7pm.”

“Chair Reynolds”

“Ms. Reynolds called the meeting to order at 7:07pm with a roll call vote.”

“Ms. Reynolds called the meeting to order at 7:03pm with a roll call vote”

“Chair Reynolds called the meeting to order at 8:55 PM.”

“Reynolds; Yes”

“Chair Reynolds opened the Concord Finance Committee Meeting”

“Ms. Reynolds called the meeting to order”

“Ms. Reynolds reminded members to review video of the Training Session November 6”

“Ms. Reynolds shared a slide with the breakdown of this number.”

“Ms. Reynolds called the meeting to order”

“Ms. Reynolds wanted to confirm that "long term" meant 10-years.”

“Mrs. Reynolds volunteered to write up the recommendation and present the position at Town Meeting”

“Ms Reynolds to prepare write-up”

“Ms Reynolds reported one correction to the February 25 regular meeting minutes and one correction to the March 25 meeting minutes.”

“Ms. Reynolds commented that the Town can control its debt through long-term capital planning.”

“Ms. Reynolds asked whether any long-term data had been collected as to the need for a larger gymnasium or auditorium”

“Ms. Reynolds noted that the Peabody property is owned by the Town, and she has asked the MSBC to consider any future use of the property as an offset to the cost.”

“Ms. Reynolds noted that the MSBC had followed a good process”

“Ms. Reynolds noted that the MSBC had followed a good process”

“Ms. Reynolds”

“Ms. Reynolds reported that the committee has completed its process and recommendations for the coming year. She reviewed the highlights of the projects.”

“Ms. Reynolds noted that on the Town's recent citizen survey, maintaining town character was high on the list of priorities.”

“a motion was made by Christine Reynolds”

“Ms. Reynolds will chair on December 9, 2020”

“Ms. Reynolds will prepare a draft letter to the Capitol Planning Task Force recommending development of a ten-year capital improvement plan; the draft letter will be discussed at the upcoming Finance Committee meeting.”

“Ms. Reynolds added that her concerns focused on questions regarding policy”

“Ms. Reynolds remarked that this represents an increase of 7 FTEs from FY20”

“Ms. Reynolds remarked that this represents an increase of 7 FTEs from FY20”

“Ms. Reynolds noted that $1.2 million in funds are available to CPS to offset expenses.”

“Ms. Reynolds”

“Ms. Reynolds noted that the charts are part of the larger FC Report, through which a lot of financial information flows.”

“Ms. Reynolds noted that this article will be heard at the August 17 public hearing.”

“Ms. Reynolds noted that the loss in revenue is still unknown, most likely in the range of 3-6%.”

“Ms. Reynolds discussed the Sustainable Growth Rate (SGR), noting that the FC held a hearing in November 2019”

“Ms. Reynolds”

“Ms. Reynolds”

“Ms. Reynolds reported that the SC plans to spend $6 million on constructing new athletic fields”

“Ms. Reynolds reported that Carlisle held its ATM.”

“Ms. Reynolds appreciated receipt of the communication, but suggested that it would be better directed to the SB.”

“Ms. Reynolds commented that the concept is good, but she feels that this is in the "nice to have" category and she is reluctant to commit to funding from free cash until more is known about the Town and School budgets.”

“Ms. Reynolds noted that the Town still has a revenue shortfall, and it would be helpful to determine what discretionary spending could be deferred if we need the funding elsewhere.”

“Ms. Reynolds noted that Town Counsel knew several months ago that they were over budget by $225,000; that number is now $291,000.”

“Ms. Reynolds asked whether some of this work could be done sooner so that the FC is not as hurried as we approach town meeting”

“Ms. Reynolds suggested that the FC ask the Town to reconsider these discretionary expenditures”

“Ms. Reynolds asked whether there is a connection between the Governor's Declaration of State of Emergency and the Town Moderator's ability to continue to extend the date for the ATM.”

“Ms. Reynolds expressed uncertainty about”

“Ms. Reynolds noted that after reading the projected income/expenses from Ms. Lafleur and Jared Stanton, she is impressed that FY21 operating budgets are not significantly affected.”

“Ms. Reynolds agreed with Ms. Ortner, feeling that the earlier concerns were adequately addressed.”

“Ms. Reynolds noted the decrease in revenue, but questioned whether we have to redo the whole process—we should just be able to recalculate the amounts.”

“Ms. Reynolds expressed uncertainty about a recommendation, since we don't know enough about the Town's financial status. She was concerned that the state legislative action may take longer than anticipated, and she is reluctant to hit free cash until we know more.”

“In response to a question from Ms. Reynolds”

“In response to a question from Ms. Reynolds”

“Ms. Reynolds noted that the priests no longer reside in the rectory—the priests have moved to the rectory in Carlisle.”

“Ms. Reynolds noted that the priests no longer reside in the rectory—the priests have moved to the rectory in Carlisle.”

“Ms. Reynolds”

“Ms. Reynolds inquired as to the long-term cost of Warner's Pond dredging.”

“Ms. Reynolds inquired about the timing—why now?”

“a question from Ms. Reynolds about original estimates of the number of recipients”

“Ms. Reynolds noted that a memo between the Town and the developer in 2017 indicated that no additional Town funds would be required”