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HomeMy WebLinkAbout2025-11-05 Finance Committee Packet Town of Reading Meeting Posting with Agenda This Agenda has been prepared in advance and represents a listing of topics that the chair reasonably anticipates will be discussed at the meeting. However the agenda does not necessarily include all matters which may be taken up at this meeting. Page | 1 2018-07-16 LAG Board - Committee - Commission - Council: Finance Committee Date: 2025-11-05 Time: 7:00 PM Building: Reading Town Hall Location: Select Board Meeting Room Address: 16 Lowell Street Agenda: Purpose: General Business Meeting Called By: Jacquelyn LaVerde on behalf of Chair Joe Carnahan Notices and agendas are to be posted 48 hours in advance of the meetings excluding Saturdays, Sundays and Legal Holidays. Please keep in mind the Town Clerk’s hours of operation and make necessary arrangements to be sure your posting is made in an adequate amount of time. A listing of topics that the chair reasonably anticipates will be discussed at the meeting must be on the agenda. All Meeting Postings must be submitted in typed format; handwritten notices will not be accepted. Topics of Discussion: This meeting will be held in-person in the Select Board Meeting Room of Town Hall and remotely via Zoom: Join Zoom Meeting https://us06web.zoom.us/j/89175113823 Meeting ID: 891 7511 3823 AGENDA: • Public comment • Liaison reports • Presentation from the CPA Study Committee (if available) • Discussion on the process for considering a future override • Discuss and vote on financial articles in warrant for Special Town Meeting • Future agendas • Approve minutes for October 15, 2025 Community Preservation Act in Reading Presentation by the Ad Hoc Community Preservation Act Study Committee readingma.gov/CPA What is the Community Preservation Act (CPA)? A Massachusetts law that permits communities to levy a small property tax surcharge to raise money for specific types of projects: ●open space preservation (conservation and recreation), ●historical preservation, and ●affordable housing creation and preservation. State contributes a percentage match 201 of the 351 towns and cities have chosen to adopt the CPA, but Reading has not yet Who are we? The "Ad Hoc Community Preservation Act Study Committee" ●Established by the Select Board in 2024 ●Includes representatives from conservation, recreation, historic preservation, affordable housing, finance, and the Select Board plus one at-large member Charged to "study the merits of the CPA and the various methods for adoption and present its findings to the Select Board" Originally created with the November 2024 election in mind, now looking at November 2026 What are we doing? We have compiled information on ●past consideration of CPA in Reading, ●adoption of CPA in Reading's peer communities, ●how much CPA would raise, ●how it would impact different taxpayers, and ●specific potential projects CPA could fund in Reading. Next step is outreach… to you! What could CPA do: Open space preservation ●Grove Street lots / Town Forest entrance ●Removal of dead red pines in Town Forest ●Invasive species control (Bare Meadow, etc.) ●Mattera Cabin ●Community Garden ●Trails and boardwalks Could provide local match for state and federal grants for disaster preparedness and environmental protection ●Birch Meadow Phase 1 and Phase 2 ●Playground repairs and updates ●Tennis, basketball, and pickleball courts ○Maintenance often pushed back years Could match and drive fundraising from Reading's many sports booster organizations What could CPA do: Recreation Buildings: ●Pleasant Street Center ●Town Hall ●Joshua Eaton and Parker Schools ●Library Other projects: ●Historical markers ●Archivist to organize, catalog, and make documents and pictures available online What could CPA do: Historic Preservation Acute need for affordable housing: ●29% of Reading households are "cost-burdened" (> 30% of gross income on rent or mortgage) ●3 year waiting list for affordable housing for veterans, almost 10 year waiting list otherwise Significant matching opportunities from state and other programs Opportunity to borrow against CPA funds What could CPA do: Affordable Housing How much would we raise? (based on actual FY25 property values, residential only)0.5%1%1.5% Local surcharges collected...$395,155 $790,309 $1,185,464 ... plus FY21 state match of 39%$549,265 $1,098,530 $1,647,794 ... plus FY24 state match of 14%$450,476 $900,952 $1,351,428 What range of cost is being considered? (based on actual FY25 single-family home values) Assessed value Current tax Surcharge Rate Options 0.5%1%1.5% Average $893,069 $11,012 $48.89 $97.79 $146.68 Median $840,800 $10,367 $45.67 $91.34 $137.01 Bottom 10%$673,5000 $8,304 $35.36 $70.71 $106.07 Top 10%$1,187,680 $14,644 $67.06 $134.11 $201.17 What next? ●January or February 2026: Informational report to the Select Board ●April 2026: Town Meeting vote on whether or not to submit CPA to the voters If approved by Town Meeting: ●November 2026: Town-wide vote on whether or not to adopt CPA If approved by the voters: ●April 2027: Town Meeting vote on creating a Community Preservation Committee ●April 2028: Town Meeting vote on first allocation of CPA funds ●July 2028: First distribution of CPA funds What can you do? Vote at a future meeting on whether your committee or organization would support the recommendation of CPA to the Select Board and Town Meeting Provide your input on possible surcharge rates Provide more ideas on how CPA funds could benefit Reading (Note that Town boards and committees cannot take positions on ballot questions, but they can make recommendations to Town Meeting and to other Town boards and committees.) COMMONWEALTH OF MASSACHUSETTS Middlesex, ss. Officer's Return, Town of Reading: By virtue of this Warrant, I ______________________________, on ____________, 20 25 notified and warned the inhabitants of the Town of Reading, qualified to vote on Town affairs, to meet at the place and at the time specified by posting attested copies of this Town Meeting Warrant, in the following public places within the Town of Reading: Precinct 1 J. Warren Killam School, 333 Charles Street Precinct 2 Reading Police Station, 15 Union Street Precinct 3 Reading Municipal Light Department, 230 Ash Street Precinct 4 Joshua Eaton School, 365 Summer Avenue Precinct 5 Reading Public Library, 64 Middlesex Avenue Precinct 6 Barrows School, 16 Edgemont Avenue Precinct 7 Birch Meadow School, 27 Arthur B Lord Drive Precinct 8 Wood End School, 85 Sunset Rock Lane Town Hall, 16 Lowell Street The date of posting being not less than fou rteen (14) days prior to November 10, 2025, the date set for Town Meeting in this Warrant. _____________________________________________ Constable A true copy Attest: _____________________________________________ Laura Gemme, Town Clerk SPECIAL TOWN MEETING WARRANT COMMONWEALTH OF MASSACHUSETTS Middlesex, ss. To any of the Constables of the Town of Reading, Greetings: In the name of the Commonwealth of Massachusetts, you are hereby required to notify and warn the inhabitants of the Town of Reading, qualified to vote in the Local Elections and Town affairs, to meet at the Reading Memorial High School Performing Arts Cent er, 62 Oakland Road, in said Reading on MONDAY, the TENTH DAY of NOVEMBER A.D., 2025 at seven-thirty o’clock in the evening, at which time and place the following articles are to be acted upon and determined exclusively by Town Meeting Members in accordance with the provisions of the Reading Home Rule Charter. ARTICLE 1 Reports To hear and act on the reports of the Select Board, School Committee, Library Trustees, Municipal Light Board, Finance Committee, Bylaw Committee, Town Manager, Town Accountant and any other Town Official, Board or Committee. ARTICLE 2 To see if the Town will vote to authorize the Select Board, on behalf of the Town, to petition the General Court for passage of a special law , as set forth below; provided, however, that the General Court may make clerical or editorial changes of form only to the bill, unless the Select Board approves amendments to the bill before enactment by the General Court; and provided further that the Select Board is hereby a uthorized to approve amendments which shall be within the scope of the general public objec tives of this petition; or take any other action with respect thereto. AN ACT AUTHORIZING THE TOWN OF READING TO ESTABLISH A MEANS TESTED SENIOR CITIZEN PROPERTY TAX EXEMPTION. Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same as follows: SECTION 1. There shall be an exemption from the property tax for each qualifying parcel of real property classified as class 1 residential in the Town of Reading in an amount to be set annually by the Select Board as provided in section 3. The exemption shall be applied only to the domicile of the taxpayer; provided, however, that for the purposes of this act, “parcel” shall mean a unit of real property as defined by the board of assessors under the deed for th e property and shall include a condominium unit. The exemption provided for in this act shall be in addition to any and all other exemptions allowed by the General Laws. SECTION 2. The board of assessors in the Town of Reading may deny an application if they find the applicant has excessive assets that place the applicant outside of the intended recipients of the exemption under this act. Real property shall qualify for the exemption under section 1 if: (i) the qualifying real property is owned and occupied by a person whose prior year’s income would make the person eligible for the circuit breaker income tax credit under subsection (k) of section 6 of chapter 62 of the General Laws; (ii) the qualifying real property is owned by a single applicant not less than 65 years old at the close of the previous year or jointly by persons either of whom is not less than 65 years old at the close of the previous year and the other joint applicant is not less than 60 years old; (iii) the qualifying real property is owned and occupied by the applicant or joint applicants as their domicile; (iv) the applicant or at least 1 of the joint applicants has been domiciled and owned a home in the town for not less than 10 consecutive years before filing an application for the exemption; (v) the maximum assessed value of the qualifying real property is no greater than the prior year’s maximum assessed value for qualification for the circuit breaker income tax credit under subsection (k) of section 6 of chapter 62 of the General Laws as adjusted annually by the department of revenue; and (vi) the board of assessors has approved the application. SECTION 3. The Select Board of the Town of Reading, shall annually set the exemption amount under section 1 at 100 per cent of the amount of the circuit breaker income tax credit under subsection (k) of section 6 of chapter 62 of the General Laws for which the applicant qualified in the previous year. The total amount exempted by this act shall be allocated proportionally within the tax levy on all residential taxpayers. SECTION 4. A person who seeks to qualify for the exemption under section 1 shall, before the deadline established by the board of assessors of the town of Reading, file an application, on a form to be adopted by the board, with supporting documentation relative to the applicant’s income and assets as described in the application. The application shall be filed each year for which the applicant seeks the exemption. SECTION 5. No exemption shall be granted under this act until the department of revenue certifies a residential tax rate for the applicable tax year where the total exemption amount is raised by a burden shift within the residential tax levy. SECTION 6. This act shall expire 3 years after implementation of the exemption under this act. Select Board Background: This article is to petition the General Court for a 3 -year extension of our current Senior Property Tax Exemption. The senior property tax exemption was fi rst approved at a Special Town Meeting on September 12, 2016. The senior property tax exemption was renewed in 2019 and in 2022 following successful Town Meeting votes to authorize the Select Board to file corresponding Home Rule Petitions. At this Town Meeting, we are again asking to allow the Select Board to submit a Home Rule Petition to renew our exemption for another 3 years. Reading has been a model community for Senior Property Tax Exemption; our Assessor will present to Town Meeting his ongoing advocacy to make this exemption part of permanent law. To be eligible for the Reading property tax exemption, the senior: (1) has filed and been deemed eligible for a prior year Schedule CB (Circuit Breaker) for the purpose of state income taxes; and (2) has owned property in Reading for at least ten previous consecutive years; and (3) applies annually to the Board of Assessors for the exemption; and (4) the co-applicant be at least 60 years of age 2016-2019 The CB state income tax break serves as the basis for determining the local property tax relief. In the first iteration of the Senior Property Tax Exemption program, the Select Board annually, at their Tax Classification Hearing (usually in October, to be effective the following July), set the exemption between 50% and 200% of the Schedule CB income tax relief. The exact % multiplier was determined by how many seniors qualify for the exemption, and the total amount of senior tax relief desired by the Board. Over the first three years of the program, an average of 180 applicants received a total tax break of $4,900 (over $1,600 annually). The default cost of these tax savings fell entirely to the remainder of the residential class. The Select Board split the c ommercial/industrial/personal property tax rate from the residential one for the first time in Reading, so that all classes of taxpayers shared in the cost of this Senior Tax Relief program. 2019–2022 In the second iteration of the Senior Property Tax Exemption Program, the Home Rule Petition changed the 50% to 200% annual range to be voted by the Select Board at a fixed 150%. The Board agreed to request this change, as a higher % had the undesirable effect of making some taxpayers ineligible in the following year, and a lower % was simply not enough financial assistance. No other changes were requested to the original program. 2023–2026 In the third iteration of the Senior Property Tax Exemption fixed the exemption at 100% (section 3 above) due to increases in the circuit breaker. No other changes were requested to the original program. 2027-2030 In the fourth extension, the Town proposes no changes to the program. Applicants Granted Factor Max Amt Shifted FY 2022 188 176 1.5x $1,695 $270,300 FY 2021 238 229 1.5x $1,725 $352,255.50 FY 2020 186 182 1.5x $1,650 $259,409 TOTAL 612 587 $881,964.50 Finance Committee Report: To be delivered at Town Meeting. Bylaw Committee Report: To be delivered at Town Meeting. ARTICLE 3 To see if the Town will vote to accept the provisions of Massachusetts General Laws Chapter 40, Section 8J to establish a commission on disability or take any other action with respect thereto . Select Board Background: If the statute is accepted, disability commissions are empowered by G.L. c. 40, § 8J to (1) research local problems of people with disabilities; (2) advise and assist municipal officials and employees in ensuring compliance with state and federal laws and regulations that affect people with disabilities; (3) coordinate or carry out programs d esigned to meet the problems of people with disabilities in coordination with programs of the Massachusetts office on disability; (4) review and make recommendations about policies, procedures, ser vices, activities and facilities of departments, boards and agencies of municipalities as they affect people with disabilities; (5) provide information, referrals, guidance and technical assistance to individuals, public agencies, businesses and organizations in all matters pertaining to disability; and (6) coordinate activities of other local groups organized for similar purposes. State law empowers the Town Manager to appoint between 5 and 13 members to Commission, a majority of which shall be people with disabilities. Additionally, one member must be a member of the immediate family of a person with a disability, and one member must be either an elected or appointed official of the Town. Finance Committee Report: No report. Bylaw Committee Report: To be delivered at Town Meeting. ARTICLE 4 To see if the Town will vote to rescind, reallocate, and transfer $198,681.73 or any other sum of money, from previously approved appropriations, for the purpose of paying any and all costs associated with the Killam School Building Project, or any other T own project, as itemized and described below: Original Project Original Town Meeting Approval Amount to be Reallocated New Purposes Police Station Renovation 10/18/21 $1,302.63 Killam School Building Project Energy Improvements II 10/18/21 $17,977.73 Killam School Building Project Parker Roof 4/26/21 $42,447.62 Killam School Building Project Building Security Project 4/22/19 $13,996.56 Killam School Building Project Turf II Improvements 4/22/19 $882.00 Killam School Building Project RMHS Turf/Track 4/26/21 $13.29 Killam School Building Project BM Field Lighting Design 4/27/15 $28,349.21 Killam School Building Project Library Renovations 1/28/13 $93,712.69 Killam School Building Project Total: $198,681.73 or take any other action with respect thereto. Select Board Background: The chart above details the amount remaining from completed capital projects funded by debt. When a project is financed with debt, the remainder can only be transferred to another project with similar or greater borrowing terms. The two building projects q ualify to receive the transfer from these projects. Article 5 of the Subsequent Town Meeting Warrant of November 10, 2025 sought to transfer $95,910,61 to the Killam project and $102,771.12 to the Reading Center for Active Living project. Transferring these balances will not increase the budgets of the projects but will reduce the borrowing needed for these projects. However, at their meeting on October 15, 2025, the Finance Committee recommended reallocating all of these available balances to the Killam School project, as to minimize interest on the longer-term borrowing. Town of Reading Meeting Minutes Page | 1 2016-09-22 LAG Board - Committee - Commission - Council: Finance Committee Date: 2025-10-15 Time: 7:00 PM Building: Reading Town Hall Location: Select Board Meeting Room Address: 16 Lowell Street Session: Open Session Purpose: General Business Version: Draft Attendees: Members - Present: Chair Joe Carnahan, Vice Chair Emily Sisson (remote), Geoffrey Coram, Endri Kume, Joe McDonagh, Ed Ross (remote), John Sullivan, Mark Zarrow Members - Not Present: Marianne McLaughlin-Downing Others Present: Town Manager Matt Kraunelis, CFO Sharon Angstrom (remote), DPW Director Chris Cole, Fire Chief Rick Nelson, Facilities Director Joe Huggins (remote), Assistant Town Manager Jayne Wellman (remote), Assistant Fire Chief John Keough (remote), CTO Kevin Furilla (remote), Chris Haley (remote 7:41 pm) Minutes Respectfully Submitted By: Jacquelyn LaVerde Topics of Discussion: This meeting was held in-person in the Town Hall Select Board Meeting Room and remotely via Zoom. Call to Order and Welcome Chair Joe Carnahan called the meeting to order at 7:01 pm. Roll call attendance: Emily Sisson (remote), Geoffrey Coram, Joe McDonagh, Endri Kume, John Sullivan, Mark Zarrow, Joe Carnahan. Ed Ross joined the meeting remotely shortly after roll call at 7:03 pm. Not present: Marianne McLaughlin-Downing. Public Comment There was no comment from the public. Liaison Reports Ed Ross shared that the Killam School Building Committee met last night. The main topic of discussion was considering ways to do early packaging for site work to help with costs and scheduling. The project continues to be right on budget and right on schedule. Discussion on Financial Policies and Impacts on Bond Rating CFO Sharon Angstrom stated that she spoke with the bonding agent regarding the impact of bond rating on borrowing. If the Town’s bond rating should fall to AA+ from AAA, borrowing $85 million for the building projects would result in about $1.3 million more in interest over the life of the loan (based on current rates). She shared information on how bonding agencies prefer to see a minimum of 15% in reserves and expressed concern that the bond rating could be affected given the significant use of free cash over the past couple of years. Page | 2 Reading’s policies do not specify a 15% reserve, but the Town was able to achieve AAA rating with those policies. She opined that FY27 would be the last year she would be comfortable maintaining a 15% reserve before needing an override. Town Manager Matt Kraunelis noted that the Select Board received the Finance Committee’s request for a free financial policy review from the Department of Revenue Division of Local Services Financial Management Resources Bureau. The Select Board will review and vote on the request at their next meeting on October 21st. Mr. Carnahan noted that a Select Board member reached out directly to the Bureau, and a representative offered to have a 15 - minute phone call with her and Mr. Carnahan at some point. Discuss and Vote on Use of Free Cash to Support the FY27 Budget The Finance Committee discussed the FY27 budget and free cash usage. Several members expressed initial concerns about the high proposed free cash usage amount, but the difference between free cash to support a 2.75% increase and 3% increase is only $200,000. Mr. Kraunelis explained that the town and school departments had worked together to reach a compromise, which will allow the schools to avoid service cuts while maintaining enough in free cash reserves. The Committee came to the consensus on a 3% increase, though Joe McDonagh had reservations about how taxpayers might perceive the Town not lowering costs sooner. On a motion by Endri Kume, seconded by Mark Zarrow, the Finance Committee voted 7-1-0 to recommend a full 3% increase to the Fiscal Year 26 operating budget and using $6.75 million of free cash to support the budget as presented. Roll call vote: Ed Ross – Yes, Emily Sisson – Yes, Geoffrey Coram – Yes, Joe McDonagh – No, Endri Kume – Yes, John Sullivan – Yes, Mark Zarrow – Yes, Joe Carnahan – Yes. Capital Plan and Debt Review Ms. Angstrom reviewed proposed changes to the Capital Plan and Debt Schedule. She detailed various capital projects, including lighting upgrades, a fire truck, and equipment replacements, and noted that inflation has significantly increased costs and forced the Town to stretch the useful life of assets. She also mentioned that some projects were moved to future fiscal years to align with available funding and prioritize more urgent needs. Discuss and Vote on Financial Articles in the Subsequent Town Meeting Warrant Town Manager Matt Kraunelis reviewed the articles for the Subsequent Town Meeting warrant. Article 1: Reports. Article 2: Instructional Motions. Article 3: Amendments to the Capital Improvement Plan. CFO Sharon Angstrom reviewed the proposed changes during her earlier Capital and Debt Review. On a motion by Emily Sisson, seconded by Geoffrey Coram, the Finance Committee voted 8-0-0 to recommend the substance of Article 3 to Town Meeting as presented. Roll call vote: Ed Ross – Yes, Emily Sisson – Yes, Geoffrey Coram – Yes, Joe McDonagh – Yes, Endri Kume – Yes, John Sullivan – Yes, Mark Zarrow – Yes, Joe Carnahan – Yes. Report to Town Meeting assigned to Geoffrey Coram. Article 4: Amendments to the FY25 Operating Budget. Ms. Angstrom explained some changes proposed including additional funds for health insurance, vocational school, reimbursement of FINCOM reserves, and rodent control for the Health department. On a motion by Emily Sisson, seconded by Geoffrey Coram, the Finance Committee voted 8-0-0 to recommend the substance of Article 4 to Town Meeting as presented. Page | 3 Roll call vote: Ed Ross – Yes, Emily Sisson – Yes, Geoffrey Coram – Yes, Joe McDonagh – Yes, Endri Kume – Yes, John Sullivan – Yes, Mark Zarrow – Yes, Joe Carnahan – Yes. Report to Town Meeting assigned to Endri Kume. Article 5: Reallocate Borrowed Project Funds. This article seeks to reallocate borrowed funds leftover from closed out projects to the Killam School and Reading Center for Active Living (ReCAL) projects. Ms. Angstrom noted that she tried to divide the funds as evenly as possible between the two projects. The Finance Committee discussed and came to the consensus that they would prefer that all the funds be reallocated to the Killam project due to its higher cost and longer borrowing term to save more in interest payments. On a motion by Ed Ross, seconded by Geoffrey Coram, the Finance Committee voted 8-0-0 to recommend the substance of Article 5 to Town Meeting, with the recommendation to amend the article to reallocate all presented funds to the Killam School Building Project. Roll call vote: Ed Ross – Yes, Emily Sisson – Yes, Geoffrey Coram – Yes, Joe McDonagh – Yes, Endri Kume – Yes, John Sullivan – Yes, Mark Zarrow – Yes, Joe Carnahan – Yes. Report to Town Meeting assigned to Mark Zarrow. Article 6: Prior Years Bills. Mr. Kraunelis reviewed the two bills that were received late: one from the City of Woburn for $3,245, and one for Next Step Volunteers for their work on Mattera Cabin for $246. On a motion by Emily Sisson, seconded by Ed Ross, the Finance Committee voted 8-0-0 to recommend the substance of Article 6 to Town Meeting as presented. Roll call vote: Ed Ross – Yes, Emily Sisson – Yes, Geoffrey Coram – Yes, Joe McDonagh – Yes, Endri Kume – Yes, John Sullivan – Yes, Mark Zarrow – Yes, Joe Carnahan – Yes. Report to Town Meeting assigned to John Sullivan. Article 7: Municipal Veterans Assistance Fund. This article seeks to adopt the Massachusetts General Law allowing municipalities to add a mechanism on tax bills to enable residents to donate to a Municipal Veterans Assistance Fund. On a motion by Emily Sisson, seconded by Ed Ross, the Finance Committee voted 8-0-0 to recommend the substance of Article 7 to Town Meeting as presented. Roll call vote: Ed Ross – Yes, Emily Sisson – Yes, Geoffrey Coram – Yes, Joe McDonagh – Yes, Endri Kume – Yes, John Sullivan – Yes, Mark Zarrow – Yes, Joe Carnahan – Yes. Report to Town Meeting assigned to Joe Carnahan. Article 8: Town Charter Amendments (for approval by voters). No Finance Committee report. Article 9: Town Charter Amendments (for approval by the state legislature). No Finance Committee report. Article 10: Town Forest Invasive Species. This article seeks $50,000 for invasive species management in the Town Forest. Joe Carnahan noted that he attended a Town Forest Committee meeting where they explained that they had a quote for a planned area, and they are concerned about how to get this budgeted in the future. On a motion by Emily Sisson, seconded by Ed Ross, the Finance Committee voted 8-0-0 to recommend the substance of Article 10 to Town Meeting as presented. Roll call vote: Ed Ross – Yes, Emily Sisson – Yes, Geoffrey Coram – Yes, Joe McDonagh – Yes, Endri Kume – Yes, John Sullivan – Yes, Mark Zarrow – Yes, Joe Carnahan – Yes. Report to Town Meeting assigned to Joe McDonagh. Article 11: Snow Removal Bylaw. No Finance Committee report. Page | 4 Future Agendas The Committee is scheduled to meet again on November 5th, when they will vote on Special Town Meeting warrant articles and discuss the override process. Review and Approve Prior Meeting Minutes On a motion by Emily Sisson, seconded by Geoffrey Coram, the Finance Committee voted 7-0-1 to approve the meeting minutes of October 8, 2025, as presented, with Endri Kume abstaining, as he was not present at that meeting. Roll call vote: Ed Ross – Yes, Emily Sisson – Yes, Geoffrey Coram – Yes, Joe McDonagh – Yes, Endri Kume – Abstain, John Sullivan – Yes, Mark Zarrow – Yes, Joe Carnahan – Yes. On a motion by Ed Ross, seconded by Emily Sisson, the Finance Committee voted 8-0-0 to adjourn at 9:14 pm. Roll call vote: Ed Ross – Yes, Emily Sisson – Yes, Geoffrey Coram – Yes, Joe McDonagh – Yes, Endri Kume – Yes, John Sullivan – Yes, Mark Zarrow – Yes, Joe Carnahan – Yes.