Lois Wasoff

“Chair Wasoff adjourned the meeting”

“Chair Lois Wasoff called the Finance Committee meeting to order at 6:36 p.m.”

“Chair Wasoff presented the draft of the Finance Committee presentation for the 2026 ATM that she will present during the allotted maximum time of five minutes.”

“Chair Wasoff provided an oral report from the April 15th Chairs' breakfast.”

“Chair Wasoff provided an oral report from the April 15th Chairs' breakfast.”

“Chair Wasoff provided an oral report from the April 15th Chairs' breakfast.”

“Chair Wasoff provided an oral report from the April 15th Chairs' breakfast.”

“Chair Wasoff provided an oral report from the April 15th Chairs' breakfast.”

“Chair Wasoff provided an oral report from the April 15th Chairs' breakfast.”

“Chair Wasoff called the Finance Committee meeting to order at 6:30 p.m.”

“Chair Wasoff”

“Chair Wasoff summarized the Financial Policy Working Group's March 11, 2026 meeting and reported that the group is requesting that the Select Board formally dissolve it”

“Mr. Rodriguez and Chair Wasoff both expressed the view that the cost of delaying vote on this warrant outweighed the benefit of further refinement, noting that the Town cannot commit to planning work without the appropriation in place.”

“Chair Wasoff noted that the committee has received assurances from the Town on this point”

“Chair Wasoff opened the public hearing”

“Chair Wasoff opened the public hearing”

“Chair Wasoff opened the public hearing”

“Chair Wasoff opened the public hearing”

“Chair Wasoff opened the public hearing”

“Chair Wasoff opened the public hearing”

“Chair Wasoff opened the public hearing”

“Chair Wasoff opened the public hearing”

“Chair Wasoff opened the public hearing”

“Chair Wasoff, who then described the purpose and the flow of tonight’s meeting”

“Chair Wasoff adjourned this meeting at 10:06 p.m.”

“Chair Wasoff closed the public hearing”

“Chair Wasoff reconvened the Finance Committee at 9:31 p.m.”

“Chair Wasoff reconvened the Finance Committee at 9:31 p.m.”

“Chair Wasoff reconvened the Finance Committee at 9:31 p.m.”

“Chair Wasoff reconvened the Finance Committee at 9:31 p.m.”

“Chair Wasoff reconvened the Finance Committee at 9:31 p.m.”

“Chair Wasoff reconvened the Finance Committee at 9:31 p.m.”

“Chair Wasoff reconvened the Finance Committee at 9:31 p.m.”

“Chair Wasoff reconvened the Finance Committee at 9:31 p.m.”

“Chair Wasoff”

“Chair Wasoff opened the public hearing”

“Chair Wasoff announced that this Article would not be moved, so there was no motion.”

“Chair Wasoff closed the public hearing”

“Chair Wasoff announced that this Article would be deferred until March 12.”

“Chair Wasoff announced that this Article would not be moved, so there was no motion.”

“Chair Wasoff announced that this Article would be deferred until March 12.”

“Chair Wasoff adjourned this meeting at 10:07 p.m.”

“Chair Wasoff suggested the motions for Articles 22 and 23 be combined”

“Chair Wasoff recommended that the motions for Articles 19, 20, and 21 be combined”

“by Chair Wasoff”

“Chair Wasoff opened the public hearing”

“Chair Wasoff opened the public hearing”

“Chair Wasoff opened the public hearing”

“Chair Wasoff moved to close the public hearing”

“Chair Wasoff closed the public hearing at 9:56 p.m.”

“Chair Wasoff adjourned this meeting at 10:26 p.m.”

“Call to Order: of the Finance Committee Meeting at 6:30 p.m. by Chair Lois Wasoff.”

“Chair Wasoff emphasized the importance of clearly stating assumptions in any charts or narratives that include projections.”

“Chair Wasoff adjourned the meeting at 8:10 p.m.”

“Chair Wasoff highlighted the adoption in December by the Select Board of a new reserves policy”

“Chair Wasoff highlighted the adoption in December by the Select Board of a new reserves policy”

“Chair Wasoff highlighted the adoption in December by the Select Board of a new reserves policy”

“Chair Lois Wasoff”

“Chair Wasoff updated the FinCom on letters regarding Minuteman High School and other public correspondence”

“Chair Wasoff updated the FinCom on letters regarding Minuteman High School and other public correspondence”

“Chair Wasoff noted”

“Chair Wasoff and Mr. Kupka will formally notify the budgeting entities of final guidelines”

“Chair Wasoff adjourned the meeting at 9:30 p.m.”

“Call to Order: of the Finance Committee Meeting at 6:30 p.m. by Chair Lois Wasoff.”

“Chair Wasoff reiterated FinCom’s duty as representatives of Concord’s taxpayers.”

“Chair Wasoff presented the Nov. 17 draft of the Town of Concord Financial Reserve Policy. She noted that the existing policy is vague, less prescriptive and much harder to follow.”

“Chair Wasoff will follow-up with Minuteman High School for a tour for FinCom members. She will also take the FinCom feedback to the FPWG for draft revisions, looking forward to another discussion at the December 11th FinCom meeting. She will ask Ms. Reiss to get her slide presentation added to FinCom’s website.”

“Chair Lois Wasoff”

“Chair Wasoff noted that there was no new correspondence.”

“Chair Wasoff will inform Carlisle FinCom via email of our preliminary guidelines.”

“Chair Wasoff adjourned the meeting”

“Chair Wasoff reported that the FinCom November 20th meeting will be a regular meeting on capital without a public hearing”

“Chair Wasoff reported that the FinCom November 20th meeting will be a regular meeting on capital without a public hearing”

“Mr. Kupka and Ms. Wasoff agreed that 10% is the recommendation”

“Mr. Kupka and Ms. Wasoff agreed that 10% is the recommendation”

“Mr. Kupka and Ms. Wasoff agreed that 10% is the recommendation”

“Chair Wasoff informed that the minutes of Oct 16, 2025, as well as those of tonight Oct 30th, will be reviewed for approval at the Nov 20th FinCom meeting.”

“Chair Wasoff reminded that for end of meeting October 30th, the goal is to vote on preliminary guidelines and to make decisions about out-of-districts and tiered capital because these preliminary decisions inform the budget units as they are budgeting.”

“Chair Wasoff reminded that for end of meeting October 30th, the goal is to vote on preliminary guidelines and to make decisions about out-of-districts and tiered capital because these preliminary decisions inform the budget units as they are budgeting.”

“Chair Wasoff reminded that for end of meeting October 30th, the goal is to vote on preliminary guidelines and to make decisions about out-of-districts and tiered capital because these preliminary decisions inform the budget units as they are budgeting.”

“Chair Wasoff”

“Chair Wasoff”

“Chair Wasoff noted that there was no new correspondence related to FinCom action.”

“Chair Wasoff noted that the FPWG meets every two weeks and recently reviewed current reserves policies as compared to neighboring towns.”

“Chair Wasoff summarized Mr. Tupil’s report on the Planning Board and will circulate his report”

“Chair Wasoff added that understanding Moody’s criteria for ratings was valuable, especially regarding debt, as authorization of debt does not mean that the Town and Schools borrowed the amounts all at once (Concord has $130 million of authorized but unissued debt).”

“Chair Wasoff noted that FinCom will hear from Schools at the October meeting.”

“Chair Wasoff observed that CPC requests far exceed the amount available”

“Chair Wasoff observed that CPC requests far exceed the amount available”

“Chair Wasoff adjourned the meeting at 8:47pm.”

“Chair Wasoff”

“Chair Wasoff”

“Chair Wasoff”

“Chair Wasoff asked for timely receipt of liaison reports to expedite Fin Comm’s monthly meetings”

“Chair Wasoff asked for timely receipt of liaison reports to expedite Fin Comm’s monthly meetings”

“Chair Wasoff adjourned the meeting at 8:37 p.m.”

“Chair Wasoff asked Mr. Kupka to draft the letters to be sent to Town and Schools”

“Chair Wasoff”

“Chair Wasoff discussed the Town's tax setting process”

“Chair Wasoff explained the draft charge”

“Chair Wasoff”

“Chair Wasoff”

“Chair Wasoff noted that in the past the metrics do not dig into the specifics of the Town and Schools”

“Chair Wasoff noted Correspondence was included in FinCom materials, but going forward she would like to triage on the basis of relevance.”

“Chair Wasoff remarked how time-crunched FinCom felt this year between the last public hearing and the deadline to submit decisions for the briefing book.”

“Chair Wasoff noted that the FinCom schedule depends on when ATM is scheduled.”

“Chair Wasoff will follow up with SB on creating a working group regarding financial policies starting with reserves.”

“Chair Wasoff began the discussion on our goals”

“Chair Wasoff requested the members to continue submitting written liaison reports”

“Chair Wasoff”

“Ms. Wasoff seconded”

“Ms. Wasoff, incoming Chair, set the next meeting as June 26, 6:30 p.m.; she will meet with other committee chairs and expressed her preference to schedule the following Committee meeting in early August.”

“Ms. Wasoff moved”

“Ms. Wasoff seconded”

“Ms. Wasoff seconded”

“Ms. Wasoff commented that it has been a focus of this Committee for the last couple of years to try to get people thinking about long-term capital planning.”

“Ms. Wasoff commented that it has been a focus of this Committee for the last couple of years to try to get people thinking about long-term capital planning.”

“Ms. Lafleur explained the various Tiers I (cash), II (debt within the levy), and III (excluded debt) capital improvement projects, which total $17,221,124.”

“Ms. Wasoff seconded”

“Call to Order of the Finance Committee Meeting at 6:30 p.m. by Vice Chair Wasoff, who presided as Chair Dahlberg was online.”

“Vice Chair Wasoff seconded”

“Vice Chair Wasoff said the committee will continue this discussion at the next meeting.”

“Vice Chair Wasoff said the committee will continue this discussion at the next meeting.”

“Vice Chair Wasoff said the committee will continue this discussion at the next meeting.”

“Vice Chair Wasoff said the committee will continue this discussion at the next meeting.”

“Vice Chair Wasoff said the committee will continue this discussion at the next meeting.”

“Chair Wasoff adjourned this meeting at 9:10 p.m.”

“Vice Chair Wasoff reminded us that FinCom does not tell the Town where to make budget changes.”

“Vice Chair Wasoff noted that she expects more town departments and committees to seek the use of free cash as the general budget tightens. She also observed that stabilization funds are usually designated for a certain purpose, like the Middle School stabilization fund.”

“Vice Chair Wasoff noted that she expects more town departments and committees to seek the use of free cash as the general budget tightens. She also observed that stabilization funds are usually designated for a certain purpose, like the Middle School stabilization fund.”

“Vice Chair Wasoff emphasized the use of scenarios to show the financial impact of decisions made at Town Meeting.”

“Vice Chair Wasoff emphasized the use of scenarios to show the financial impact of decisions made at Town Meeting.”

“Vice Chair Wasoff”

“Vice Chair Wasoff will prepare a letter to the Bridge with Ms. Ortner's help”

“Vice Chair Wasoff reminded the Committee that FinCom’s role is to advise”

“Vice Chair Wasoff reminded the Committee that FinCom’s role is to advise”

“Call to Order of the Finance Committee Meeting at 6:30 p.m. by Vice Chair Lois Wasoff.”

“Vice Chair Wasoff reported that the Housing Roundtable will be held December 10 by Zoom.”

“Vice Chair Wasoff reported that the Housing Roundtable will be held December 10 by Zoom.”

“Vice Chair Wasoff opened the discussion and asked Ms. Lis to review five proposed preliminary guideline scenarios”

“Vice Chair Wasoff opened the discussion and asked Ms. Lis to review five proposed preliminary guideline scenarios”

“Vice Chair Wasoff opened the discussion and asked Ms. Lis to review five proposed preliminary guideline scenarios”

“A vote was taken on motion by Vice Chair Wasoff, seconded by Mr. Garofalo, to adopt a 2.44% aggregate preliminary guideline”

“A vote was taken on motion by Vice Chair Wasoff, seconded by Mr. Garofalo, to adopt a 2.44% aggregate preliminary guideline”

“A vote was taken on motion by Vice Chair Wasoff, seconded by Mr. Garofalo, to adopt a 2.44% aggregate preliminary guideline”

“Vice Chair Wasoff”

“Vice Chair Wasoff adjourned the meeting at 5:00 p.m.”

“Vice Chair Wasoff”

“Ms. Wasoff moved”

“Ms. Wasoff and Mr. Tupil asked how expenses are tracked in the Town's recreation program.”

“Ms. Wasoff and Mr. Tupil asked how expenses are tracked in the Town's recreation program.”

“Ms. Wasoff added that the information was also important for the FinCom's review of Warrant Articles.”

“Ms. Wasoff added that the information was also important for the FinCom's review of Warrant Articles.”

“Ms. Wasoff also volunteered to help.”

“Ms. Wasoff noted that this information is important because it impacts the metrics and guidelines.”

“Mr. Kupka and Ms. Wasoff had a few minor corrections for spelling and zeros to the March 7 and May 23 minutes”

“Ms. Wasoff attended the Municipal Affordable Housing Trust meeting and observed that the Trust is looking at legislative efforts”

“Ms. Wasoff attended the Municipal Affordable Housing Trust meeting and observed that the Trust is looking at legislative efforts”

“Ms. Wasoff attended the Municipal Affordable Housing Trust meeting and observed that the Trust is looking at legislative efforts”

“Ms. Wasoff attended the Municipal Affordable Housing Trust meeting and observed that the Trust is looking at legislative efforts”

“Ms. Wasoff attended the Municipal Affordable Housing Trust meeting and observed that the Trust is looking at legislative efforts”

“Ms. Wasoff attended the Municipal Affordable Housing Trust meeting and observed that the Trust is looking at legislative efforts”

“Ms. Wasoff seconded the motion”

“Ms. Wasoff commented that there should be a section dealing with the five-year tax projection.”

“Ms. Wasoff moved”

“Ms. Wasoff seconded”

“Ms. Wasoff seconded”

“Ms. Wasoff seconded”

“Ms. Wasoff seconded”

“Ms. Wasoff seconded”

“Ms. Wasoff seconded”

“Ms. Wasoff seconded”

“Ms. Wasoff seconded”

“Ms. Wasoff”

“Ms. Wasoff”

“Ms. Wasoff”

“Ms. Wasoff”

“Forecast projections will be sent to Ms. Wasoff and Ms. Lis who are developing the guidelines”

“Forecast projections will be sent to Ms. Wasoff and Ms. Lis who are developing the guidelines”

“Forecast projections will be sent to Ms. Wasoff and Ms. Lis who are developing the guidelines”

“Forecast projections will be sent to Ms. Wasoff and Ms. Lis who are developing the guidelines”

“Ms. Wasoff began the discussion”

“Ms. Wasoff”

“Ms. Wasoff and Ms. Lis presented a "kickoff" on the guidelines process.”

“Ms. Wasoff will prepare revisions to last year's letters based on updated metrics”

“Ms. Wasoff”

“Ms. Wasoff”

“Ms. Wasoff”

“Slate of nominations include Parashar Patel – Chair, Eric Dahlberg – Vice Chair, Lois Wasoff – Guidelines Chair, and Lyndsey Lis - Guidelines Vice Chair, Dee Ortner as Clerk and Don Kupka – Vice Clerk.”

“Ms. Wasoff stated that the idea of the link to the packet is great; helpful to have copies of the presentation attached to the link.”

“Ms. Wasoff stated that the idea of the link to the packet is great; helpful to have copies of the presentation attached to the link.”

“Ms. Wasoff indicated she had a correction to the March 9th noting that the heading was wrong as caught Ms. Reynolds”

“Ms. Wasoff made a motion to approve as amended”

“Ms. Wasoff made a motion that the Committee vote affirmative action on Article 9.”

“Ms. Wasoff made a motion that the Committee vote affirmative action on Article 9.”

“Ms. Wasoff also commented that we have allocated funds on the assumption the project would be done through dredging”

“Ms. Wasoff seconded the motion”

“Lois Wasoff – Guideline Chair”

“Ms. Wasoff reported that the FinCom Annual Report is in good shape thanks to the efforts of many people on FinCom and in the Town Finance Department.”

“Lois Wasoff stated that she agrees with sentiments of others that discussion should be deferred given the uncertainty.”