{"content":[{"text":"Revenue and Expenditure Task Force \n Wednesday, April 28, 2021 8:00AM \n WebEx Virtual Meeting","bbox":{"left":0.333415,"top":0.116208,"width":0.333039,"height":0.056304999999999994}},{"text":"I.","bbox":{"left":0.088235,"top":0.202389,"width":0.012549000000000005,"height":0.020985000000000004}},{"text":"Call to Order \n Chair Vaill called the meeting of the Revenue and Expenditure Task Force (RETF) to order at \n 8:00AM and initiated roll call. Present by video conferencing were Tim Vaill-Y, Joe Guilmartin-Y, \n Paul MacKay-Y, Tom Hartwell-Y and Kevin Connors-Y. Absent was Melissa Danisch. Also present \n were Patrick Lawlor, Assistant Town Manager and Finance Director Donna Walsh, The meeting \n was taped and live cablecast.","bbox":{"left":0.147098,"top":0.202389,"width":0.791418,"height":0.10719700000000001}},{"text":"II.","bbox":{"left":0.088235,"top":0.324396,"width":0.020196000000000006,"height":0.020984999999999976}},{"text":"Approval of Minutes – February 18 and February 26, 2021 \n Upon motion duly made by Mr. MacKay and seconded by Mr. Connors, it was unanimously voted to \n approve the above minutes. Tim Vaill-Y, Joe Guilmartin-Y, Paul MacKay-Y, Tom Hartwell-Y and \n Kevin Connors-Y. Motion passed 5-0.","bbox":{"left":0.147098,"top":0.324396,"width":0.794222,"height":0.072349}},{"text":"III.","bbox":{"left":0.088235,"top":0.411518,"width":0.027842999999999993,"height":0.020984999999999976}},{"text":"Communications and Public Outreach Workshop \n Mr. Lawlor stated that one important charge of the Task Force was to lead the public outreach and \n enhance communications and engagement with residents on municipal finance and complex budget \n issues. Toward that effort, this workshop will explore best practices to accomplish that mission. \n Discussion ensued and included the following highlights:","bbox":{"left":0.147098,"top":0.411518,"width":0.794135,"height":0.089621}},{"text":"a) Integrated Financing Plan will be voted at Town Meeting, followed by ballot box vote at Town \n Election. \n b) Fundamental “architecture” of municipal finance system and town budget in general. \n c) Different networks/strategies of communications, including social media, news flash, etc. \n d) Difference between schools and town. \n e) Confusion around pension liability, OPEB liability and reform; understanding differences \n between town and school. \n f) Proposition 2 ½ - what is it? \n i. Override – why do some towns do it all the time \n ii. What is it – how is tax bill developed. \n g) Why did my tax bill go up? \n h) Levy limit. \n i) How is a tax bill actually developed. \n j) Simple/concise primer on municipal finance/ taxes. \n k) Visual learners - dialogue/recorded session. \n l) Budget/full accrual accounting – net worth. \n m) History of pension system – how does an unfunded liability grow. \n n) Definition of terms. \n o) Make it relatable – why does this matter to me? \n p) Start with how a tax bill is created. \n q) Ability to drill down for more information. \n r) Valuation and impact of the tax bill.","bbox":{"left":0.176503,"top":0.515775,"width":0.7646900000000001,"height":0.38617900000000005}},{"text":"Revenue and Expenditure Task Force, April 28, 2021","bbox":{"left":0.058824,"top":0.955664,"width":0.43366600000000005,"height":0.016341999999999968}},{"text":"Page 1","bbox":{"left":0.887222,"top":0.955664,"width":0.054214000000000095,"height":0.016341999999999968}}],"images_bbox":[],"images_bbox_not_text_overlap":[]}