Minutes

Finance Commission · from the Town's website · 1 page · 56 KB
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Winthrop Finance Commission Minutes

Date:

Wednesday, April 16, 2025, at 6:00pm

Attendees: TOW: Tony Marino (TM), Sarah Johnson (SJ), Robbie Powers (RP), Cheryl McCormick (CM)

FC: Karin Chavis (KC), William Gault (WG), Matt Gorzkowicz (MG), Hannah Belcher (HB)
Absent: Max Tassinari, John DaRos, John Macero, Shannon Poulos, Joe Hanion
Other: Jim Letterie JL), Suzanne Swope (SS)

Meeting called to order at 6:07 pm by MG.

Rollcall vote completed by KC. All present except individuals noted above.

No quorum, will not take any votes on accepting minutes from previous meetings

Presentation & Discussion: Executive Dept. Budget by Tony Marino

Review of goals/accomplishments including 911 regionalization, engagement with business
community, move of Harbormaster to WPD, continued digitization of files, hire of ATM, 10 yr
agreement with Comcast including capital dollars, trash contract

Discussion of impact of recent Wage & Class study; TM reports no changes yet, may see in the future
for new union contracts

No major changes to Executive Office budget

TM says long-term goal is to expand IT department and combine software/related expenses

Shared expenses — HB, JL mention fuel line is high with 25% increase despite fuel cost being lower
Shortages in insurance lines for retirees ($120K), and school ($40-$60K)

Presentation & Discussion: Finance Dept. Budget by Sarah Johnson

Current opening for AP Clerk; ready to start interviews

Continue reviewing reserve & other financial policies

Maintained reserves

AA+ Bond rating

Discussion on division of financial labor between schools and town; RP indicates schools are being
coached on proper warrant process to reduce burden on finance dept.

Discussion of personnel line increases for budget; increases not included on staffing sheets, but 2.5%
included in departmental budget personnel lines

Various discussion points amongst the members included:

MG requests excel version of budget docs to enable excel calculations of numbers to better
recommend amendments

KC motioned to adjourn; HB seconded. Approved by all present members.

Meeting adjourned at 7:20.