Karlen Reed

“Ms. Reed made a motion to approve the minutes of the March 10, 2026 and March 19, 2026 meetings as presented.”

“Ms. Reed conducted the roll call and confirmed a quorum was present.”

“Ms. Reed suggested that at the onset of first night Chair Wasoff could direct voters to the Fin Com report on page 94 of the briefing book.”

“Ms. Reed summarized the written liaison reports included in the packet.”

“Ms. Reed summarized the written liaison reports included in the packet.”

“Ms. Reed summarized the written liaison reports included in the packet.”

“Ms. Reed summarized the written liaison reports included in the packet.”

“Ms. Reed summarized the written liaison reports included in the packet.”

“Ms. Reed summarized the written liaison reports included in the packet.”

“Ms. Reed moved to approve the minutes of the March 12, 2026 public hearing and meeting as presented.”

“Ms. Reed conducted roll call and confirmed a quorum was present.”

“Ms. Reed”

“Ms. Reed raised the question of excess levy capacity, noting that the Finance Committee report addresses the Town's projected levy capacity ranging from 2.5% to 4.3% over the coming years”

“Ms. Reed seconded the motion.”

“Ms. Reed noted that the pie chart previously used to illustrate the proposed FY27 budget had been replaced with a bar chart, which several reviewers had recommended.”

“Ms. Reed noted the minutes of March 10 and March 12 should be ready for review at the March 19 meeting.”

“Ms. Reed seconded the motion”

“Ms. Reed seconded the motion”

“Ms. Reed seconded the motion”

“Ms. Reed seconded the motion”

“Ms. Reed seconded the motion”

“Ms. Reed seconded the motion”

“Ms. Reed seconded the motion”

“Ms. Reed seconded the motion”

“Ms. Reed moved to close the public hearing”

“Ms. Reed moved to approve the minutes of March 5, 2026 as presented”

“Ms. Reed will post the minutes.”

“Ms. Reed moved to approve the minutes of February 26, 2026 as amended”

“Ms. Reed seconded the motion”

“Ms. Reed reminded members to submit their Article recommendation write-ups within two days after the relevant public hearing.”

“Ms. Reed moved to approve the minutes of January 29, 2026, as submitted.”

“Ms. Reed”

“Ms. Reed described the status of the Finance Committee Report with examples and asked the members to provide input, especially on the "Trends and Anticipated Challenges" section. She sought and received volunteers for writing the Warrant Article Recommendations and will send out an updated list to the members.”

“Ms. Reed will post the minutes and circulate the Article recommendation list.”

“Ms. Reed moved to approve the minutes of December 8, 2025, as submitted”

“Ms. Reed”

“Ms. Reed moved to approve the minutes of December 11, 2025, as amended”

“Ms. Reed outlined her approach to the Finance Committee’s annual report for Town Meeting”

“Ms. Reed and Ms. Geyer will post the minutes.”

“Ms. Reed raised concern about a tightening trend: the expense-to-revenue ratio has grown from 98.5% (FY25) to 99.0% (FY26) to 99.4% (FY27 projected).”

“Ms. Reed raised concern about a tightening trend: the expense-to-revenue ratio has grown from 98.5% (FY25) to 99.0% (FY26) to 99.4% (FY27 projected).”

“Ms. Reed announced that two Finance Audit Advisory Committee (FAAC) meetings have been scheduled”

“Ms. Reed announced that two Finance Audit Advisory Committee (FAAC) meetings have been scheduled”

“Ms. Reed announced that two Finance Audit Advisory Committee (FAAC) meetings have been scheduled”

“Ms. Reed will act as liaison to the Financial Audit Advisory Committee and report back to FinCom regarding the FY24 audit process.”

“Ms. Reed will act as liaison to the Financial Audit Advisory Committee and report back to FinCom regarding the FY24 audit process.”

“Ms. Reed added that the Public Works Commission approved the Amenities Building sewer connection.”

“Ms. Reed will be leading the annual FinCom Report effort”

“Ms. Reed and Ms. Geyer will post the minutes”

“Ms. Reed moved final guidelines for Town at 2.95%, CPS at 2.94%, and CCRSD at -0.79%”

“Ms. Reed seconded the motion”

“Clerk Reed adjourned the Finance Committee”

“by Clerk Karlen Reed”

“Ms. Reed moved to approve the minutes of October 16, 2025 as presented.”

“Ms. Reed asked about a change in APP#10 policy that discusses the process of appointments to FinCom.”

“Ms. Reed would like to include a summary of the FPWG report in FinCom's ATM report.”

“Ms. Reed and Ms. Geyer will post the minutes.”

“Ms. Reed and Ms. Geyer will post the minutes.”

“Ms. Reed sees another role for FinCom: to ensure that funds are available”

“Ms. Reed sees another role for FinCom: to ensure that funds are available”

“Ms. Reed noted that the election cycle is predictable”

“Ms. Reed noted that the election cycle is predictable”

“Ms. Reed noted that the election cycle is predictable”

“Ms. Reed and Ms. Geyer will post the approved minutes.”

“Ms. Reed noted that the Assessors’ Overlay Account is at $2.7M”

“Ms. Reed noted that the Assessors’ Overlay Account is at $2.7M”

“Ms. Reed commented on the Retirement Board meeting”

“Ms. Reed commented on the Retirement Board meeting”

“Ms. Reed and Ms. Geyer will post the approved minutes.”

“Ms. Reed moved that the Fin Comm adopt the FY27 metrics as presented by the Guidelines Committee at this meeting, subject to any revisions in the latest published CBO data.”

“Ms. Reed will correct the name”

“Ms. Reed observed that the Town's gifts accounts are outside of guidelines but are clearly a source of revenues for the Town.She would like to see the total amount and the allocation specifics of gift accounts because recently some gifts were greater than $10,000 and could be considered as expense offsets.”

“Ms. Reed”

“Ms. Reed noted that the June 4, 2025 FinCom meeting was cancelled so no minutes will be presented”

“Ms. Reed seconded”

“Ms. Reed and Ms. Geyer will post the approved minutes.”

“Ms. Reed noted that the FinCom goals fit with the SB goals on financial management.”

“Ms. Reed”

“Ms. Reed noted that the $15.898M figure equates to 11%”

“Ms. Reed reported that the PEG Access Advisory Committee will present the final Comcast contract to the Select Board on June 30 for approval”

“Ms. Reed reported that the PEG Access Advisory Committee will present the final Comcast contract to the Select Board on June 30 for approval”

“Ms. Reed reported that the PEG Access Advisory Committee will present the final Comcast contract to the Select Board on June 30 for approval”

“Ms. Reed will post the approved minutes.”

“Ms. Reed will post the approved minutes”

“Ms. Reed expressed her disappointment that the Enterprise Book had not yet been published, thereby depriving Committee members of time to review the proposals.”

“Ms. Reed expressed her disappointment that the Enterprise Book had not yet been published, thereby depriving Committee members of time to review the proposals.”

“Ms. Reed expressed her disappointment that the Enterprise Book had not yet been published, thereby depriving Committee members of time to review the proposals.”

“Ms. Reed seconded”

“Ms. Reed acknowledged that this is a lot of money and then recited a portion of a support letter received from the Transportation Advisory Committee that emphasized the multi-year aspect for road maintenance.”

“Ms. Reed acknowledged that this is a lot of money and then recited a portion of a support letter received from the Transportation Advisory Committee that emphasized the multi-year aspect for road maintenance.”

“Ms. Reed”

“Chair Dahlberg and Ms. Reed will look into questions raised by residents' letters.”

“Ms. Reed observed that the total Town budget is roughly $140M, and retaining 5% ($7M) in free cash would leave a balance of $2.5M.”

“Ms. Reed observed that the total Town budget is roughly $140M, and retaining 5% ($7M) in free cash would leave a balance of $2.5M.”

“asked Ms. Reed to post the approved minutes”

“Ms. Reed”

“Chair Dahlberg and Ms. Reed will review the correspondence”

“Ms. Reed requested that the Warrant Book be posted on-line as soon as possible to allow review time before the April 10 public hearing.”

“Ms. Reed noted that MCI Concord is already zoned as Industrial, which precludes housing, and to change that zoning bylaw restriction would require Town Meeting approval.”

“Ms. Reed noted that MCI Concord is already zoned as Industrial, which precludes housing, and to change that zoning bylaw restriction would require Town Meeting approval.”

“Ms. Reed noted that MCI Concord is already zoned as Industrial, which precludes housing, and to change that zoning bylaw restriction would require Town Meeting approval.”

“Ms. Reed noted that MCI Concord is already zoned as Industrial, which precludes housing, and to change that zoning bylaw restriction would require Town Meeting approval.”

“Ms. Reed noted that the Recreation Commission conducted a site visit to the Peabody School and its playing fields, another asset eyed in the Plan”

“and Karlen Reed, Finance Committee Vice Clerk”

“Ms. Reed reported that the Warner's Pond Task Force is reviewing three options for the pond”

“Ms. Reed reported that the Warner's Pond Task Force is reviewing three options for the pond”

“Ms. Reed reported that the Warner's Pond Task Force is reviewing three options for the pond”

“Ms. Reed reported that the Warner's Pond Task Force is reviewing three options for the pond”

“Ms. Reed reported that the Warner's Pond Task Force is reviewing three options for the pond”

“Ms. Reed reported that the Warner's Pond Task Force is reviewing three options for the pond”

“Ms. Reed sought a status update on the disposition of the Peabody School”

“Ms. Reed sought a status update on the disposition of the Peabody School”

“Ms. Reed sought a status update on the disposition of the Peabody School”

“Ms. Reed sought a status update on the disposition of the Peabody School”

“Ms. Reed outlined those concerns:”

“Ms. Reed”

“Seconded by Ms. Reed”

“Seconded by Ms. Reed.”

“Ms. Reed asked why the two library locations were selected for the Narcan and not somewhere else.”

“Ms. Reed inquired as to when we start using the stabilization fund.”

“Ms. Reed seconded”

“Ms. Reed seconded”

“Ms. Reed seconded”

“Ms. Reed seconded”

“Ms. Reed seconded”

“Ms. Reed seconded”

“Ms. Reed seconded”

“Ms. Reed seconded”

“Ms. Reed mentioned the need for state park usage as reflected in the Recreation Department strategic plan.”

“Ms. Reed mentioned the need for state park usage as reflected in the Recreation Department strategic plan.”

“Ms. Reed asked if the $100,000 dollars for the Doug White Field study has been cut and second question - will the Recreation Fund be used to help with some Recreation items.”

“Ms. Reed asked if the $100,000 dollars for the Doug White Field study has been cut and second question - will the Recreation Fund be used to help with some Recreation items.”

“Ms. Reed asked if the $100,000 dollars for the Doug White Field study has been cut and second question - will the Recreation Fund be used to help with some Recreation items.”

“Ms. Reed announced that the Recreation Committee just finished the Recreation Strategic Plan which will be reviewed at the December 18th meeting by that Committee. Ms. Reed detailed aspects of the report that seemed deficient. Ms. Reed also referenced the December 5th Water Forum from which she extracted key findings. These included two Warrant Articles, one on Nagog Pond and a $50M phased implementation to improve its filtration system, and the second is the creation of a Storm Water Enterprise Fund and its implementation strategy.”

“Ms. Reed mentioned that the recreation committee was holding a meeting to address finances and that the solar task force is recommending the placement of solar panels on the Beede Center.”

“Ms. Reed mentioned that the Recreation Commission will meet on November 28th so no update.”

“Ms. Reed asked how the recreation department's strategic plan fits within the Town's plan”

“Ms. Reed asked how the recreation department's strategic plan fits within the Town's plan”

“Ms. Reed asked how the recreation department's strategic plan fits within the Town's plan”

“Ms. Reed asked how the recreation department's strategic plan fits within the Town's plan”

“Ms. Reed asked as to whether a single guideline or multiple guidelines would be developed”

“Ms. Reed remarked on the status of Recreation Department programs.”

“Ms. Reed gave an update on the Recreation Staff changes.”

“Ms. Reed gave an update on the Recreation Staff changes.”

“Ms. Reed suggested that for all future minutes, a link to YouTube be included at the end of the minutes to enable a reader to watch the entire meeting.”

“Ms. Reed suggested that for all future minutes, a link to YouTube be included at the end of the minutes to enable a reader to watch the entire meeting.”

“Ms. Reed questioned the purpose of the letter.”

“Ms. Reed”

“The Chair acknowledged Ms. Reed. Ms. Reed, 83 Whitsend, soon to join your group. My first non-official act is going to ask Ms. Dowd a question on what she said regarding free cash.”