 Start with the, um, for the minutes of February. Okay. Okay. There it is. All right. I, I have two corrections. Uh, one correction, one addition for attendance. Al Tosti and Jennifer Seuss were attending remotely and on item eight on the second page, um, DEI. Yep. The vote was 13 in favor and one opposed. That's how it's written. You don't have a one. I don't have a one. You don't have a one. Oh, one of those. Oh, I have the, does someone just write that in? Yeah, that's just kind of. Oh, okay. Did he get tracked? Any other corrections that anyone noticed, Rebecca? Um, on nine A, the vote, uh, was that should refer to the, um, I don't know if she's counseling center. It says counsel aging enterprise. So just correct that to A, Y, C, C, and then, um, in the table, yep, in the table, the very last item where it says cancel on aging enterprise fund, I would insert the word transportation for council on aging transportation enterprise. And I just want to check with, um, John or Daryl on item three under fire. Third sentence, advanced life services, medical services is covered by arms, normal transportation is covered by fire fighters. Correct? No, I think Armstrong provides transportation now. Yeah, that was covered by fire fighters. You want me to just delete that? I would delete that would be for Armstrong. Does anyone have anything else? Is there a motion? So moved. Back on second. All right. All in favor say aye. I'm going to stand. I wasn't here. Okay. One, two, three, four, five, six, seven, eight, nine, ten. 13, four, zero against one. Sorry. Can you see that one more time? I'm freezing a lot. I'm sorry. 13, four, zero, zero against one. One, two, three, four, five, six, seven, eight, nine, ten. Um, oh, here we go. Thank you. Thank you. You'll be saying that to school. All right, so the man's back proved. We need to revoke the other. We. You want to make sure that we've noted who was present virtually at the department at some time. You, you. Yeah, I'm sorry. This is going so slowly. Let's see. So that would be Monday, the. 29. Monday, the 29. Jordan. Virtual. Or was it, I think it was Monday, the first meeting, not, but not Wednesday. Correct. So. 29, I was a virtual. Okay. 31st. I don't think anyone. Was virtual that day. And then we just did the thing, right? Yeah. All right. So I'd like a motion to reconsider the minutes of the 29. They're a little second. All in favor of moving, reconsider the minutes of the 29. Say aye. Any post. That's unanimous. I'd like a motion to amend the minutes of the 29 to add Jordan's attendance remotely. You're second. All in favor say aye. Opposed. All right, that's unanimous. All right. And. Sent around the preliminary assessments for. Minute man and one about that. Right. And then it man will be coming in on your March 11, right? Yes. Okay. And right now we're looking at having the schools in on Monday, March 20th. So mark your calendar for that. Does anyone have any updates on anything we've covered in prior meetings and follow up information. On anything. I do on the auditor, but I'll take it up during the controls. Anybody have anything else? Okay. The controller's budget and departments. At least tonight you want to take it. Yeah, from here, Charlie. Yes. No, nothing. Yes, it's me. You want me to share that Charlie. Yeah. Maybe I can share. Yeah. Sorry, let me just enable that. Great. So. Okay. Now you should be able to. Can you see it? I'll be there in a sec. There we go. Okay. So. Carol and I met with. He did. Cody on the seven. By the way. The page. 39. We're not. So. Couple of different issues. We have a salad. And it was just as budget. And some interesting things that she's accomplished. The first thing. Is the original. The original salary budget. Which is on the screen here. It's also in your book. Has a controller. At higher than the max in the end schedule. You very likely explained to her though. No, no. And. It appears that. That the. Manager and the finance director. Are planning to. Grant a cola. To the end schedule. Personnel. Sometime after the. I want to bargain with issues yourself. And. So that's fine, but. She still can't get. The cola that they had in here. She's above the max. So Carolyn and I had independent discussions. With. I got the. The finance director. And with Carolyn. Karen. And. They have. Agreed that they will solve the problem probably by. Changing the. And schedule on the classification schedule. And including a. An adjustment for her salary probably either in the. Schedule or in the. In the reclass or an article or in. The collective bargaining issue. But it can't be. It can't be in the regular. Pleasure. I can't imagine. Our chairman, depending. A salary schedule above the max. In front of me. So. There is this somewhat of a. Apparently large adjustment in this. Person. You remember her first name. But she's been to three classes, senior accountant. And. There's an adjustment made after the last year's budget. So that's why it's. Not clearly reflected. And then. The guy is the principal. Part of doing the position. So, so. Fundamentally. In addition to the three people there are relatively new. In the. In the department, which has. An effect on the. Spenses. So, on the. Okay. So, in any event. We, we changed the. If you look on the slide here and slide for. The M schedule max. The control of shown. And so what we did is reach it. We changed the. Increase. The control to get it to the max that permitted the current. And then, you know, has to be addressed in the two more articles that I just described. I'm going to skip. I somehow, I started these slides in the wrong place here. So. The resulting. I'm going to pass these out. Thank you. I have a piece. The new budget. So you can see on this. Next slide. The assessment salary for the. And then there's a. The adjustment differences. The reduction of 22. And then. On the expense budget. That's the salary. And. Again, the total budget. The project. Total budget is adjusted by. The budget is adjusted by. The budget is adjusted by. The budget is adjusted by. The budget is adjusted by. The budget is adjusted by. The budget is adjusted by 22. 22. So. The. The 1. 1 thing that we investigated with her. Somewhat. Seriously was whether or not the. Prior expense levels were. Proprietely being reflected. In other words. You know, if you had for a number of years, you have lower expenses now suddenly they're. Higher. And it turns out that she had vacancies in the department. The last couple of years that resulted in lower. Out of state travel and in state travel expenses. And lower training spending. Now that she's got. Essentially these three new people. They. They. They all need to be trained on units. And that's. Pretty intensive training sessions. Plus. She and the senior. Count. Have to be. I'll use the term certified. I'm not sure that's the exact term, but there's three different. Counting. Different organizations to have to be certified by. One is. What is the. M. M. M. A. Mass. Municipal. Something or another account. And the others. MIA. So. So. So. So. So. So. So. So. So. So. So, the. The space budgets are really going back to the level where they were in the past. And will be. Spent as pro to not being spent. So I'd like to go back now. The chart of accounts. Issue. So. We basically created an entire accounts. And I believe I have. The. The document on that. The document on that in the, you know, that was in a share point, if it's not there, I'll get it there. But it's a fairly difficult task, a large task. And so she implemented that change herself with her staff. And if she had grown an outside consultant, so it would cost more than $100,000, just that this was like, you know, a year, a year and a half long effort. So we will see a new chart of accounts that are much more logical and organized going forward. And they will, the accounting department will take the past years data and budgets and recast it to the new chart of accounts so that we won't go bananas trying to understand the budgets with one set of numbers and then another set of numbers. In other words, they will reconstruct the history in the new chart of accounts. And the main intent here is to provide better control and better transparency on mostly expense spending, but also labor spending. Some labor spent generally, generally speaking, I felt that they needed a new chart of accounts. You know, for the last 10, 10 or more years, but nobody got around to it except for me. And I personally think that she's one of the better managers that we've had in that candy department. In my memory, and she's pretty energetic. And it's, you know, one of the reasons why we're being somewhat efficient, this finance committee session is because I think we're running into fewer errors than we've had in past in the reports that they're giving us. And that's in part due to her address. So that's it for the accounting for the accounting budget. And I think, I think we're doing small, so we are supporting a taxation total budget of 363,000, 062 for the compilers budget. And we have to do that. That we got that second, all right, questions. You're going to go further in communities? Is that coming up or are you going to have some materials available about progress in communities? Yeah, I put it, I think is it on the website? Yeah, yeah, I didn't, I wasn't, I mean, there's a lot of, you mean on the, on the project. I was in the, I was in the, yeah, I wasn't going to, my question was going to be whether there was any initiatives towards moving the budget. Well, that's what I, oh, they're actually moving the budget problem. We didn't discuss that. But I assume because you have got this in the new chart of accounts that it will lead largely driven by you. Okay, because a lot of the mistakes you're referring to are because we have those. So was that actually more at the Alex McGee level and his budget director as opposed to eat a code. Well, should need to enable it. Yeah, she has a basic interest. Okay, thank you. Other questions, Sophie. Can you just re-explain this to me? I'm sorry, I might have zoned out a little bit that I'm hurt on the salary and the max. So the base is, the base is the max, which is still the same in the book and what has changed. Just for stuff. Well, in the sheet that I passed around, yeah, it's the minimum set that that's the step that we're recommending. That gets her to the max in the schedule. Okay, great. Because the basis stuff. Wait, the new page still, yeah, the new place still above max. Well, the new you change the base. Well, the new page. So I was just trying to understand the max is supposed to be doesn't include longevity. The max doesn't include longevity. I know that the max, I thought if you, I believe if you take 15, if you take 15, 17, and add it to 1, I think I did this, he added to 1 or he said new page equal to the base plus step and then longevity, they had the longevity. Right, but I thought the max is, that's my question is max supposed to be the new page, which is base plus step or is max supposed to be base and you can still get a step. So max is the base, right on the base. So why does it matter whether her stuff is 692 and for 2,974 because in both cases, the base was the max. You follow. Yeah, that's a good question 39. I think it's just classified in the stuff that's just moved. So I think it's 12, I'm going to stand corrected here at least send the fuse. So I think we'll have to come back on purpose. Okay, let's keep questioning. It might be right. I just, yeah, we reduced the reduce the step in both the book and your sheet, but base hasn't changed and that's still the max. So we're only changing the stuff. Yeah, I have to go back and find out where I got my deduction from. Yeah, I can. This is a question other than, you know, I hate to say this is looks like I might have been mistaken. Oh my God, all these years. Wow, I appreciate you acknowledging that's another thing I like about Charlie's humility. So Charlie, maybe you can get this answer for us by our meeting on Monday. And in the meantime, does anyone have any other questions on the phone? All right, so let's post. So I just would like to add one thing. I said around, I investigated with the controller this issue of the cost of the order that was raised during the select court budget. So I circulated her response, which is pretty lengthy, but basically powered to sell and recently got acquired by another company. She said that their price went up to 3,000 every, I think she said 2 or 3 years. So, you know, it's probably on the average around 5% or less increased for a year. And in general, she's pretty happy with the services. So I don't sense that there's going to be as long as they continue to get the team that's working in town. For the last several years, I don't think that there's going to be an effort. And there aren't that many firms that provide those sort of services for those powers in Massachusetts. And so, and what about the thought of how it's budgeted at 78 that all the actuals are at 65? It's only if we know there's sort of a 5% increase every year. I didn't really start to ask you that question. Okay. Or just for next year, I think that was the idea. Or just to let her know that next year, I don't know if we have a position. But well, maybe we can't more information and then because I saw whether we need to take position or not the next year grant. Thank you. Do you say, yes, the Charter of Accounts implementation is a big deal. It's also my experience, but typically difficult to go back in the past. Did she, how many years did she indicate that we've actually had to state a story? Well, I expressed concern over the analysis that we normally do because the prior year is always the budget because we don't have actuals. And then the year before that is actual. I don't know whether it should go back an additional year or not. Okay. That's definitely ambitious of her part. So that's good. Well, I suspect she's had to do a lot of analysis of those expenses anyway to decide what's happening in the future. For the conversion. Thank you. Any other questions on the control of such it? I don't know the answer to that. I know we have, we moved from a text based system to a windows based system about 5 years ago. And in the last time that I was involved in that, we allocated a significant amount of money and moves to the cloud. And I don't know what version that is exactly, but it's supposed to be cloud based. If we're cloud based, it's probably whatever they update it to on regular basis. We're calling out paying for a version to upgrade. They're probably just automatically doing it. If they're not, we should do it. No, they do update it on a regular basis. Yeah, that's what I'm saying. Once it's in the cloud, our support contract covers the average quarter or whatever they're going to use. Sounds like that's the most likely to do it, but yeah, a lot of effort to migrate, gain it from the way that we described. So glad to see that that's something that we could do in the past. Well, I think they were kind of like doing it out of house. Any other questions on this bucket? All right, Charlie, if you can get those answers by our next meeting, that would be great. And we'll post home this. And do you have another budget? We have retirement. Do you want to do that, Mike? I'll start for any follow-up. I'll do this. Do you want me to share anything? Yeah, can you? I could do it. Okay, 153 in the budget. All right, I'm in favor of you, sir. Okay. Baseball for the ball. You can start it out and then you have to. So let's just start. Motion to hold play just to complete this. That's here. All right, so we met with Rich Greco, who's the director of the executive director of the contributory retirement board. So the first thing the agenda was missing. I don't know what happened. Just a set of definitions because there's a lot of buzzwords. That's why we're out. So something called your own contributory retirement board is the board that manages the active pension distribution collection distribution business. This board does not report to the board of select men or to the finance committee or town meeting per se. It reports only to Perak. And Perak is the public employee retirement administration commission. And that change happened about 20 years ago to result in some large number of scandals among retirement boards. And that's the way it's been run for quite some time. Former town manager, Don Marquis, was on the Perak board for a number of years. The only non-contributory retirement system is something that we'll refer to when we discuss OPEB. And that's the retirement system that existed for employees who work in town up to and including late to 39. And we were paying basically survivors of the spouses of people who work there for survivors up to three or four years ago. And under our prior finance committee chair, Mr. Tosti, we developed a process for dealing with those funds, which we'll discuss a little bit later. Pritt is the public retirement investment trust. That's where the funds are kept in this trust that get invested to benefit the retirees. Now, this means that our own pens contributions to the retirement fund that get invested are invested alongside all the other retirement funds in the state. So the Perak organization and its investment board, which is called Primm, have a tremendous amount of leverage because instead of $150 million fund or whatever is in a local town, suddenly your money is alongside billions of dollars and it has much more effective presence in the market. And we have about just shy of $215 million invested with that. The way I've been trying to learn this, T stands for trust. In Pritt, Primm is the management board that decides what Pritt is, is directed to do. Custodial Bank, M&T from emergency traders at Buffalo is where the actual cash resides. They are the definition of a good old solid bank founded 1856 in Buffalo. They're the only bank, the only one of two banks in the entire S&P 500 that have never missed a quarterly dividend since 1976. So they are a non-investment device, but they've been very steady with their dividends. Stone Consulting talks to us. You see, there are lots of layers of oversight here of who reports to whom. Stone Consulting reports to us. Oh, Peb, I'm sure you're familiar with other post-employment benefits, ID of insurance, which is tracked separately from the actual retirement. And the retirement financial year, just to know, is not simple fiscal year. It's a calendar year. As we go on, you will see references in the various slides to, well, what do they call Charlie, the payouts to the individual retirees that distribute, distributions is the correction. It makes it look, I think at one point it looks like it's a salary. It's not a salary, it's a distribution. Here's who our retirees look like. Average age, whatever it's nifty to wait for. Yeah, and we talked about the active and the retired of members, the active of the people that are employed by the TAM and are contributing to the retirement fund from a slice of their salary through pay period. And the retired people are people that are getting distributions from the fund. I'm reaching, sorry. So I don't know if you can start. Well, I've got it up on my computer. Okay. So this is just the statistics on the active members who might get into the details of these things. But it shows the years of service and other demographic features like the age distribution and the years of service, etc. in the pension plan. And this has, this matters. I mean, it doesn't matter. You can't immediately see this by looking at it. But this all figures into what the total liability of the fund is, which is really what Stone does. Charlie, what are inactive? There are people who were in the fund and have disappeared. They're not dead. They're not here and they're not collecting. And in the, but they have a liability. So it has to be accounted for. They're neither paying in nor collecting. But they're members and they have assets in the fund. The histogram on the bottom left corner is describing our active members by age classifications and bottom right corner by years of service. We're going on to the next slide. These are just similar statistics on the retired members. Again, what does this matter? Well, a very simple graphic example is that our retirees and people over 65, which I'm one, live longer these days. Thank God. But that's not good for the retirement fund because you have to pay out more every year. And that impacts the balance of what the town has to pay with the employees, pay with the employees to take out, etc. Take it away. This is what Pritt invests our money and all the rest of the money in. If you have the handout that was emailed out earlier before, you can read this better. This number here is significant, total core, and these are by thousands. So Pritt is holding about 100 million, 100 billion dollars in total for all the towns that have invested in this system. This breaks down the various types of investments that they have put it into from the top global equity, core fixed income, value added fixed income, private equity real estate timberland, which is chiefly a hedge against inflation because it runs opposite to equities. I do not know what portfolio completion strategies and overlays are, but I do know how to read a return call over here on the right. The 10 year and the since inception, I believe are the most significant because we are looking at a very long-term need. And therefore we are looking at long-term performance and long-term gains at the bottom for that 100 billion in aggregated management. The entire fund is returning over the last 10 years almost 8%. Does that 100 billion include the state? It represents all of the contributors to Pritt, I'm not sure. It doesn't include state employees, yes. Right, we should. It includes just commonwealth, yeah. Me, yeah. And since inception nine, just one under nine and a quarter, these are very attractive numbers. These are less of fees. We are paying Pritt, what was it? 54 basis points, Charlie? Yes. 54 basis points, which in finance speak is 54 100 of 1%. That's what it costs us to have our money in this fund. It's a very low figure for an actively managed fund. More typical of retirement funds, but especially, but still among retirement funds, a very low number for the management fee. I shouldn't mention that about $20 million of our pension fund was still being managed by a company called Metita. And that, the last of those funds are being actually being transferred out, I would speak with Pritt. And the reason is that they were involved in some sort of, there were a portion of the funds that existed when we made the transition to Pritt. But they were in some sort of long term contracts and they had to be rolled out as those contracts expired. And that's just about complete. So the next slide. How many towns are comprised in their fund, do you know? How many individual slices that $100 billion comprises? Yeah, I'm sorry, I don't. I think it's a handful that are not. They basically force most of the towns to go in and they have a benchmark that says if you go below a certain funding level for so many years, you have to put the money in Pritt. You can't have your local retirement board manage it. This moves. So that's 90% of the time. All right, thank you. Hold on. Dave, did you have a question? You're back. On the previous slide, you mentioned Timberland. Is that literally Timberland? Yes, it is. Thank you. Oh, you can. While they are not politically as popular or as green defensible as current investor attention applies to them, extracted industries are a terrific hedge against variations in the equity market. This slide shows again the result of how we got to the final numbers in the previous slide. You notice in purple, it's a much more jagged line. That's a year-by-year figuring of what Pritt's corpus is valued at. And that's going to be subject to wilder swings. What Stone Consulting uses is a rolling average over the prior four years to try to get a better handle on where that rise and fall is actually leading to. So the purple is the actual hard numbers from year to year. The green is smoothed out a little bit. And the smoothing out allows us to have a better idea of how much money is available. Remember, the whole game is to get to what you'd call the Dowager's retirement. Where all the money in the retirement fund is all you need and all it produces is what you need every year. But we're not there yet. We are getting there. And we have some realistic projections of how long it will take us to get to that point where the sum total of money we have invested in this fund with its professional management and oversight will get to the point where it generates all of what we need to run our retirement expenses. But we're not there yet. So this slide explains a little bit about what's called the unfunded actual, actuarial asset. Actuarial accrued liability? I'm up close. I can read it. The little box on the upper left-hand corner is the current year's appropriation, which is $17 million, appropriated $17 million, $17.5 million, $6.92 million. I should say appropriation, a contribution to the crit. This, the normal cost is the amount that the town has to contribute to the current expenses net of what are contributed by the employees that are contributing from their salaries. The net, this three AC payments. These are collections that Rich Greco manages to undertake every year. Ben averaging about $50,000 a year by going after other retirement boards that are getting away with not paying for their share. For example, one case that comes to mind, and it's not in this number, this is historical, but Brian Sullivan, a former town manager, worked in other towns before he came to Arlington, and he was that town manager in Rochester and had other municipal roles during his career. So in various towns, he contributed to their pension system. He retired from Arlington. Now, let's say he retired and he had pension notes, X tens of thousands or hundreds of thousands, $100,000 a year or something for that effect. Then when he retired, Arlington's paying that, but Rich Greco has been running around the countryside for all of these employees that had previous municipal experiences, making sure that the town that got the contribution 20 years ago gives us the money or somehow reduces our experience. That's what that get 38C and the last line, just a second Charlie, and conversely, Rich has been very successful in challenging the 38C contributions that other municipalities have requested of Arlington. When somebody over at the other town retires at the top of the payment schedule and the bill comes to Arlington for X number of years at that number, he worked or she worked here in Arlington for a much lower figure and our contributions to that person's retirement were substantially lower proportionally to what new town or final town was paying and working out these deals, it's really been on his own initiative. It really been advantageous to our overall scheme. So the $13,807,534 is the amortization of the unfunded actuarially accrued liability. In the way to think about this, it's sort of like a mortgage. You have a liability that we have to pay off. The trick here is, of course, that mortgage amount is varying every year. In the liability, there's this total extramarital liability that the town has, that varies from year to year. And that's offset by the assets that are in the fund. So if you have, let's say you have $100 million liability and you have $80 million in timberland stock or something, then you have an unfunded liability of $20 million. And that has to be paid off over a certain period of time and the state sets that period of time. The problem that the reason why we need this consultant, and this is a complicated situation, is that two things, two big variables happen. Three, the number of people paying into the fund vary every year. The retirees take out funds that vary every year because they live longer or they're more retirees, etc., in various reasons. And then, of course, the assets vary. The stock market goes up, they're high as it goes down, they're low. So this is a very complicated calculation that has to be done. And the result is, the details are sort of shown on the right-hand side, which basically says in a lot of detail when I just tried to summarize. And the chart, the funding schedule on the left-hand side says that basically our current looking for our current unfunded liability is $118 million. And then based on our contribution increasing 5.5% each year under the assumptions of the age demographics, life expectancy, stock market cost, performance, etc. We will only pay off this kind of ability in 2014. So can I ask a question at this point? So when we get to 2034 and people unfunded this liability, it looks to me like who'd get a $20 million lease? Well, theoretically, that's true, but practically- But wait this morning. But practically, the town has, I'm jumping ahead to the subject of the OPEP, but we have a huge liability for health insurance for retirees that is not really funded. We've been contributing to it, basically due to John Bilper's efforts starting about 15 years ago or more. But they've been very small contributions. And so one of the lucky things that we have going for us is that there is no law right now that requires that it be funded at a certain rate. I don't know why that's the case, but that's the case. But the Gatsby, the Governor of the County Standards Board, requires us to report that liability on our balance sheet. And basically, if you fund the liabilities at a high rate, they allow you to use a discount rate that's more or less equivalent to what the improvement in the stock market is, which is around 7%. If you fund it at a low rate, they require you to use the cost of funds for the town, which is about 2% or 3% or something like that. So that makes that liability very large. So that has to show up on our balance sheet. Our practical viewpoint, as I understand it, most of the bond markets are happy that we're paying some money into the OPEB. And so we continue to get good bond rates as part of the rating. Great. So when you say a high rate of investment to get the 7% discount rate, how high? I don't know the answer to that, but it's got to be something similar to this. And so to answer your original question, Annie, I want to say the consensus between Al-Tosti and me. Just kidding. But the consensus of a number of people that I've spoken to is that when we pay off this, we use that funding amount to fund the OPEB. And we may find ourselves, before we get there, we may find ourselves required by the state to do something more aggressive. But I don't know. That's going to be a select board decision over time. You know, probably select board and probably town meeting. Do we have a calculation for the OPEB liability? Yes, we do. We do. Somewhere in there. $194 million or 10% of it. But that's a low discount rate as opposed to a high discount rate. All right. I'm just thinking how many more years before we get that he said. What we're currently paying in there is not going to do much. No, no, I understand that. So anyway, that's, I think the thing the town really has to focus on, in my view, is getting the same thing. What we do when we get there, that's going to be a good problem to solve. And this has been a moving target because every time there's a recession, you know, marked it down and then we wind up with a higher percentage of unfunded liability. And then the state moves the maximum data a few more years. You know, this is a never-ending sideway. Wait, Charlie, I'll ask the next question. Yeah. Thanks, Charlie, for the introduction. Right now, that's 10 years away from fully funding the pension system. And right now, if we're able to establish a policy, maybe started from this committee working to the select man and the retirement board, that 100% or maybe 80% of the reduction there goes immediately to fund the OPEV. Right now, if we get that policy established, nobody's looking 10 years ahead. If you wait until you're a couple years ahead, the more spending people on the town might say, oh my god, let's grab that money for pay raises, you know, anything else. So it might be good to get the discussion and policy on 10 years now, as opposed to waiting until a few years closer to it, because then the money they could smell. So what is the higher priority? Fully funding OPEV or eliminating the structural debt? It's not to pay OPEV, it's not to pay OPEV, it's not to pay OPEV, why are you to fund it the rate we're suggesting? Andy, the only way you can get rid of the structural debt to the state is lower expense. Why? Let's focus on retirement bypassing, when you have this discussion, a bigger full on discussion at a different time, but Michael, go ahead. I think we're about at the end, are we, Joe? And now we have three more. Reasonably, the demonstration that Eric has to prove upon the schedule and the amount that we are expected to put into the fund. Just note that there's a line here, the town does not have to pay the full $17 million. The Wellington Housing Authority is in this pension plan, and they have to contribute about $600 million. So that gets our contribution down to $16 million in five, five, six, four years. So I can make that a little bigger. So the total that we referred to in the earlier discussion was $175 million, $175 million, $692 million. You subtract out the $620,000 from the housing authority that's to pay the town's portion to $16 million, $555,650. So going to OPEC, the total value that we have right now is $23 million. And this just shows the gain in the last year. Let me make this a little smaller here. So the net liability in OPEC right now is about $194 million. I think that's what Andy just mentioned. And so I mentioned the non-contributory retirement fund. A number of years ago, Altosti was noticing that we were paying the retirees $670,000 a year, and they were, because of their age, they were becoming deceased and falling off that demand for contribution. So what we worked out was a plan to freeze that expense level at $500,000. And as the retirees passed on, we took the money that was no longer being distributed to those retirees because they were deceased and put that money into the OPEC trust fund. So $500,000 of that contribution that we made is associated with that policy. Secondly, in 2007, the select board increased the contribution to the health insurance by retirees 10% to 15%. And there was a great deal of consternation and negotiation. And the agreement was that the town would contribute an additional $155,000 a year to the OPEC fund in compensation for the retirees increasing their personal contribution for the health insurance. And then as a result of recent override commitment, the select wind agreed to commit $150,000. So the amount that will be in a warrant article when the warrant article actually comes out, it's going to be $105,000. Questions? So as you mentioned, Charlie, the unfunded liability going forward, it's not really exact science. There's a lot of operate. I'm sure they re-measure it every year on the market. We just have payroll and hiring. Does it seem like it actually has gone down the last three or four years? I'm trying to figure it out, but I don't really have any good historical records. Somewhere here, I think. It's not here. It's in the attachment set. It's on the slide. Paper bag 12 by 12. Oh, but that's for the OPEC. Yeah. Is that what your question was about? I was actually talking about the pension. Yeah. I'm looking at the financial statements and it looks like, I don't know if I'm looking at an apple or whatever out in order, but it says total net pension liability at December 31st, 2021 is $95 million, which seems very low. So that means it's shot at $95 million in 2021 for $180 million. So it's kind of on the opposite side. If you look in the other documents that I set out, that history was in there. I went 2020 to 2021. We experienced a larger than average number of people leaving the town. Leaving. So that would be, so in other words, that would be, Do you agree or pay? Yeah. So I'm just curious, you know, the number I'm looking at is correct. That means that it's not necessarily going up. It's complicated because as Charlie alluded to, you've got varying amounts on all sides of the equation. Net asset value, net costs. So that's why presentation begins with something basically like the tedious details of what is the age profile of our employees and what's the age profile of our current retirees. I can't calculate it. I think my future is going to be a business. Hang on a second. I have to stop. I'll just leave it here and inspire you. So this is, there's a document that the entire document from Stone of Insulting is in the appendix and it's on the SharePoint. So this, these two charts show the history of asset and the unfunded liability from 2005 to 2023. The unfunded liability is purple and the most attractive. It's just called the assets, the in the accurate, accurately found asset. That means it's because it's using a smooth curve you talked about earlier. Got it. So yeah, this is great. So the retiree bar represents our liability. So it looks like the point for the liability is kind of seeking up close to $250 million. And then the shaded part, the shaded part is the unfunded. So you can, you know, it's getting better. Yeah, visually it seems like it's getting smaller. Yeah. Yeah, you can see the run up in the general stock market beginning in January of 17 that was you know dramatic. Yep. You can also see the 08 drop. Yep. Which is not as bad as it felt. Yep. Right there. Yep. In hindsight, everything looks better. I'm just going to point out that doesn't include, so this is great 2023 doesn't include 24 or 25. That's because there's, you don't get the data until about a year later. Yeah. Yeah. So this brings us then past the open to the, for the last slide, which is a recommended vote. I hesitate to make this recommendation on Sophie's here. The numbers are too big for me. It's okay. You're safe. So the, the amount, including the, the housing story is 17 million 175692, take that out of 16 million 556, 55650 and taxation reduced impact due to our offsets of 14 million 944 696. So I would like to move that we approve 16 million 555,650 less the offset for the taxation contribution, but, but doing it so that we have approved the, the appropriation that is required by correct. So I made that motion to last for a second. Any questions for the discussion? Just a quick question. The offset, you know, where, where that's coming from water sewer principally because there, there, there's a significant portion of things, you've always working in the water sewer department. I figured it was water. So that has to be paid. Thank you. Any other questions? All right. So I think we have a motion. I second it. All in favor say, I, I, any opposed? Yeah. Thank you. You have anything else for tonight? Reserve, Reserve, Mike is going to be one five seven and the gray hymnal. Do you flip over the page to one five eight and see who's there. And out of money, a lot of two all town departments in aggregate. Is that correct? Well, it's, it's, it's a fund that can be spent by finance. It's a fund for what expenses may occur in the future that we have for not for C. But it's our thought. It's ours to vote out. It's principally ours. Yes. And it's principally vote. It's historically been directed towards the town side as opposed to this town in the school, except that in 2022, we set aside almost a little more than a million dollars to cover the potential increase in student growth, which didn't occur. So we didn't use it. And this is for There's 1% of the budget more or less. And that's been a pause. That's been a pause for unexpected emergencies. And to the extent that the reserve fund is not used, it goes back into free cash and the circle is its way back to forever. So do you have a motion moved to approve 2,019,326 for reserve fund as stated in the budget book? There's second. Second. Any questions? There's really no actuals. We haven't actually spent. We will spend the 24th of the year. Right. And then 20, but 22 and 23 are showing in those years. Is that accurate? I don't recall spending any money. We used to do a lot of snow money, but we didn't solve it somehow or another. I can't remember what you did. For now, budgeting more realistically snow and ice. We're budgeting in a roughly 75 to 80% of a rolling 10 year average of actual costs. So instead of just I guess what we used to do is we used to budget snow and ice work at 100,000, even though it would pay a million or 2 million and then make it up through this now we don't don't have to make up a second beat. Yeah. And when the town clerk was saying she's going to need probably money for the election, the firm that it's going to come from here or within a transfer between departments. Okay. So may not come from which is also us. Yeah. John, do you have a question? Yes. Some of me explained this earlier, but I might have missed it. So this year we're budgeting $2 million because reserve fund and then if it's not used, if we don't need this money at the end of FY 25, does it go to free cash or does it go to the like a stabilization type of balance sheet? It goes to free cash. Okay. And then our policy is to use so it doesn't get certified for another year. We won't probably guess we won't have it available for another year because free cash doesn't get certified until sometimes November. So, but in that following year, it goes into free cash and traditional costing policy has been to bring in half of the free cash as revenue. And the other half goes to a stabilization free cash. That's kind of perpetual preventable reserve fund if you will. Yeah. Because I think we like I was at the bottom of the long range plan, we had free cash with stabilization, we had the override stabilization plan. And it sounds like this item that we're discussing right now really just hits free cash. It's in and out of free cash. It relates to free cash. Unless we spend. Got it. Got it. Of course. Thank you. And we have, we have spent it in the past. I recall we had camera was a fire or blood or something like that at one of the town buildings. And there was a substantial substantial expense that wasn't covered by either the building fund or insurance. I don't recall why we spent this. But how many, how many of 1% reserve fund on a $200 million budget is not being extracted? Yeah. Yeah, I don't know. I guess to something for another night, the stabilization fund and the override stabilization fund, those are pretty significant numbers. They even go through our budget or they just don't go through the operating budget, but we will have more articles to put money into them or take money out of them, depending on what year we're in this year. We'll have more articles put a bunch of money into the override stabilization fund. It's like what I believe is committee to maintain any aggregate in those reserve funds, something on the order of 5% of the annual budget. Maybe go above that, but it won't go below that. So that would be a worn out if it wouldn't be in this budget. And much because of those reserves, we have such a good bottom line. Yeah. Yep. Any other questions? So I think we had a motion that we can second it. All in favor say aye. Aye. Any opposed? Yes. Anyone have any other questions? I do. So far. Go for it. Yeah. Yeah. Sure. Where are we doing? IT. Let me just download this so I can make it bigger. It's big. The IT. 35. All right. So IT. So next slide. So I met with Krisha Shepard, the CIO, a couple days ago, and went through this. Next, they have the IT budget itself. It's in the book. Now we'll come back. And the way I'll talk about this is the positions and then the various projects. Then I'll go back to some of these line items. So the next slide is just the budget change. Essentially, it's gone up by almost $50,000. Krisha said basically anything that was left over went to the DPW building project. Says they are actually doing DPW and IT will be moving. She said this budget is pretty tight. Just a general overview. Going to the positions on the next slide. Good news here. The manager of enterprise applications, well it says vacant in the budget book, has been filled. So they've just started. So they have a full roster. And that she says though, I asked, you know, are there other projects you wish you could get to? And she said not with the current staff, they are pretty backed out on what they can do. A note, a couple of notes here, just salaries here just on the town share. A dozen more in the schools that are not in this budget, obviously. And then this happened last year, but the manager of GIS system moved from IT to DPW. So the projects, she said her highest priority is getting the modernized GIS project. The current system is actually based on Microsoft Access. She said it can't connect to the new instructional applications and permitting systems. So trying to get that thing that was working with the GIS manager. And there's no benefit. There's questions. Cyber security, oh, go back one. So this I know is a hot topic. As Jim Feeney mentioned, they've got a grant from the state for training. It uses this no before training platform. I use this some jobs. It's pretty simple use. So it's a good way for people to just get trained on. Don't click that link. Don't write the password. You know, your password shouldn't be his birthday and things like that. It's just content though. There's no money. When we hear a grant, it's like, oh, how much money? But it's actually just access to this content. The 5K that they mentioned is for what they call a penetration test. Many people got a break in and five weaknesses. So there's many more aspects to this than just that. That's what's happening. She did mention they have a password policy for the schools and they're producing their in one with the town side. And another way to do cybersecurity is to start moving things. If you move your servers to the cloud, well, basically it becomes the cloud provider's problem. They have to have a lot of fun. So that's what's currently planned. There's more stuff planned. How much we want to get into everything on camera. But that's what's happening this year. Just a quick question you mentioned. There was an issue with I think it was the GIS and was that with was that with communicating with another software you said? Yeah, yeah. There's a new permitting system that we'll talk about. And essentially what it is is you have an old homegrown system and they're kind of moved to something more commercial. You had me at access. Was that new permitting system? I'll get to it. Yes, that's been coming on live this year. Okay, so other questions. Sophie, do you have a question? Charlie. I had two questions if it's the right time. On the position that I got built, is that going to change the salary or not? Do you know? Oh, I don't. She did not mention anything about changing the salary. That's a good point. So I can sometimes it goes up. Yeah, depending on what they have to pay to get somebody. Let me make a note. I can follow up on that. Well, I mean, if they just, I guess the question is what's the budget book on? Right, if I got here. If we know the change now. Informix maintenance, the line 52.94. I just had in my notes from last year that they didn't hope to stop it this year, but it was. Dolly, do you have a question on what we've covered so far? Sophie just asked. Yeah, I'll get to Informix. But it's the last slide. Similar to access. Michael, do you have a question? Take it away. It's over. All right. So next, yeah, Microsoft, this is the license breakdown. So essentially, there are some additional licenses. They've also moved some things around. That from the online only they moved into the middle category and they moved some frontline workers into this, this little category. And so this is an increase from last year because there's additional licenses, but some of this too is G3 is more secure than G1. So that was part of the motivation for that. And she did mention that, you know, them kind of spearheading the whole movement. She's very grateful for that. Thank you very much. That was before my time. Next, Eunice. So, you know, there's a steering committee. Charlie covered the Eda's work with the comptroller's office. She did. Patricia said, yeah, you pretty much specified what they wanted to do. I teach this help. They have a new parking system up and running. And for the question of the island about, you know, all we're going to do more financial stuff, but get away from Excel help. They would like to do cap general billing or capital planning. So that's not this year. These upgrades happen about twice a year, which they try to keep up with. And they do, in fact, a big upgrade this summer, but then a rewrite of the financial module coming after that. So she's encouraging people like Alex to go to the Eunice conference this year to start telling us what's happening. So I think the net of that is we're slowly moving to the full advantage of this. Cool. Yeah, man. What does new parking system up and running? Is that for parking revenue received, fines levied? I don't know. What does that mean? Details, I think it is probably all of the problems. I mean, we've got new meters. Is that the new meters? I think it is, yeah. I expect we'll have information on the parking. Thank you. Also, if I could ask a little bit. Two departments, I think you're going to follow up. Digitizing documents. So this is the inspectional services, the end processes forms. Instructional services, you know, is probably very happy with the, this is automating the app. One side of this is automating the applying for permits and getting messed up inspectional services, but that other side of it is if you want to go look this up, it does seem like you have to click a lot more things. And now there can be some improvements to that because you sort of to see a list of unintelligent IDs, basically of what the problems are. Not even a date on it, not a day to click into it. And you see a ton of metadata, including the date and brief description and then all kinds of other stuff that you probably don't want to look at. And then you can then get to files associated with it hitting into the tab. But, you know, and then you can actually see, you know, the scans of the permits and things that you might be expected to see in the old system. But it is some, you know, I think they can continue to configure it. It is fairly new that it's just come online. Again, it was retired a system that was based on Linux and Perl. So that would be advisable. And I asked, you know, what comes next? And she's hoping like vital records would be next. But we've got to have Tom Clark involved. So Tom Clark is interested. She wants to digitize this year. Okay, so that's right. So we always have to make that happen next year. She also mentioned, you know, it's an agenda. This could be anything to get into the system. But I think it's still, it's underway now, but in total in five or six years. Charlie, I think you had a question. Yes, thank you. So, I told her, was there any mention of the Town Hall Basin? Oh, you mean what's in the Town Hall Basin? Well, there are probably a hundred years worth of records. They are going to be eaten by the rats in the town has been talking about both the liability and solving that problem. Probably for 25 years. Back when the NSCO Calcium, the deputy town manager. Yeah, there was no, we did not cover none of that. I can ask you that. Well, I just wondering, I mean, it's great, the digitization that they're doing is great stuff, but I believe that there is a state law that says this burial has to be preserved and made available. In some form. Is it more than the final records? I don't know. I think it's, it's, I don't know what it was either. I don't remember. When we spoke with Julie, she mentioned obviously being very interested in digitizing the final records and then she proposed, but it's being restored. So maybe that's, so maybe that will be addressed. That's an unfortunate basement. I mean, that's, that's a question. I may not even be full of what's stored there. It's also a fire hydrant. It's one of those enormous problems that no one even wants to start. But it needs to be done in small pieces. Capital playing committee on several different occasions. Authorized money to do that. And nothing was done. Different. Different work. So the week in the ceiling will put the fire out. It's been cleared for. For years. I forgot. Okay. So next upgrade to wifi six. This is about what they started. It's about an 18. Project. This is going to. Standard. They're going to start with their rep move departmentary. They're going to start with their rep budget. You know, nothing. This is just a map out the access points. You can't just establish them wherever you want. And then she thinks she can do it during the day and not have to hire people to do it at night. And can minimize disruptions. So this is basically just a network of creating. Body camera data line. We talked a bit about this. I'll just say. Again, they only ran the wire. Yeah. They're going to do a test and then the budget covers that installation cost down to your question. There is a recurring. Service and support cost. In the IT but. Well, we're going to have to. Okay. I mean, it's going to have to be. And I did, I did ask, yeah, is this. I don't know what happened by 26. And I will say. As we talk this, I mean, I think this Jim said in his mail, And Patricia did mention an interesting thing, just for disaster recovery, this is a redundant network. So this could potentially be used for that. Be needed. And then other projects, obviously it's the new construction. It's continuing to install the road street and that infrastructure for the high school. Those are the projects. And so, with that questions, I'll go on to the individual budget. Does anyone have any questions on what has covered so far. And so. One question about grocery. Am I correct that all of their equipment is on the higher floor groceries. I don't know. So you mean the IT stuff or all the heavy equipment. Yeah, yeah, I understand why you were asking. I wasn't sure if you meant just the IT stuff. All the furthest citizen also. I think the flood disaster Charlie mentioned was in the high school end of the computer service. Because it wasn't. No, I can't. Sophie. So when APS projects, is that the tech infrastructure bent into the school budget as to the school budget of their own IT stuff? Or is that all covered by the school does have some IT stuff. I think their boys are in their budgets. I mean, some of it would be capital. I was just curious to see that other projects because I would have thought any projects within high school. Well, I think it's something that involves some of these. Yeah, it's a joint IT. So she manages the IT staff. And then you mentioned this, but it on the network maintenance, the actual that was very high for 20, 23. Did you say that's DPW related or. I'll get to never. I'm going to go. All right. Sorry. Charlie's. Yes. Thank you. Disaster recovery. Plan or protocol that they have in place. I don't know the details. I can find out if they have, I know they've had some disaster. I asked part of the capital plan. I think they said they're developing. That's right. I just mentioned relevant to that. I recall in many, many audits by power is installable. One of the action items was lack of a disaster. 19 disaster. I think it was triggered by the flood in the high school. And a few years ago, the owners said. That it had been satisfied. There was this under David good. There was an adequate disaster. And so we know one exists. Details, but at least it exists sufficiently to satisfy the auditors. All right. So moving on. So the various line of it. So I asked to get her maintenance as opposed to software maintenance. And it's basically. Server warranties. Which would be decreases. We moved service to the cloud, which we would do for cybersecurity as well. And disaster recovery. Staff. Next is the telephone expenses. So there's a seven K decrease in this due to retiring. So the central slides. They use RCM for land and horizon mobile lines for the work. Mobile phones. And then on the next stage, it's just a breakdown of the cell phone charges. Which were. You know, 18 K for rights. very basic stuff. Training really split, you know, 10K for the Munus Conference and 10K for prevention of local development from the staff. She actually used the skills training platform which allows her to access content and she just did emphasize that a lot of staff goals involved is to stay current. And she herself got a certificate in management where she should get last year's budget. But she graduated since we met. And then consulting was basically, I asked what it was cost for, she said it was cable and wiring for the building. Other purchase services, what was that? And I said that was she said some job postings and then this was kind of weird to me but she had to pay for furniture for their two offices and she said I had to buy furniture. I had to help some people sit. So that's what she did. And finally, network maintenance came up and that's just the end of software cost and all kinds of things for podcasts, web licenses, backups, barcuda, firewall, and some work I guess that we could get around. And last, because everyone in Formix. So yes, the Munus is building up the data but not all the water meters are converted. It's supposed to be done in December 2023 but supply chain, usual Gremlin, they were saying, and DPW, she said they just need access to the system for longer. They still need to be able to look at the old stuff and that requires the Formix. And the budget is $4,400, not the $7,000, it's in the budget for that as well. Jim eventually as well. So yeah, it's a little bit Xenos paradox here. We keep getting half the distance maybe to getting rid of this but still, I mean, she just said it really, they have to keep it. I said, so wait, are you going to get every last water meter fixed? Because I mean, you know, that's going to take forever. There'll be people that you just don't get to or whatever. She didn't think it was that far but it has to be fewer of them than there are now. And I don't know if DPW even have no information at all. They're concerned. We'll ask about it. We'll ask about just where, where they think it is and how cute it is. And, um, yes, thank you. So, you mentioned the telephone system. It's the entire telephone system now on the IP network or are they still using? There's still some landlines. They're not all retired. I'm not, no, that doesn't say they're not landlines, but are they, are they time-division multiplexed or are they packet switched? So you're asking if they're on place over at PDE? Yeah. Okay. I think they are, but I'll go to the shop. Is the reason I guess is that there was a tremendous amount of costs to maintaining these copper wires between the buildings or the traditional telephone connections. And I don't know. I think they might have taken all those switches out. I don't know what. Yeah, I'll start getting to the shop for you. Any other questions? So back to the network maintenance. So what was the actual, why was the actual, so high in 2023? How did Trump? On network maintenance. Right over. Oh, yeah, but I don't know. What is that cool thing, you know, the eight curve one here and that's because the previous year was partly anything. Yeah, it might have been about copper and silver then. I'm just curious because going back to the book a few years, that's just, yeah. I can follow up on this. That'd be good. You can also mail them to be ahead of time. Oh, now topper. Everybody is you. So with that, I will move the it. Minor, minor, minor, but things like a computer paper that's been more actual. So that's just bundled under supplies. Now, along with that, you know, sorry. I assume that papers. Yeah, computer paper. They don't spend it. And I'm sure they do. And supplies and fairs. They don't even buy doing more. So it's just combined. Yeah, it looks like that's just. Thank you. Anything else for anyone? Great. So I moved the vaccination total of a million two hundred and fifty four hundred and twenty nine dollars. Second. Any further questions for topper 19? So with that number again. One million two hundred and fifty four twenty nine. What about the twenty four hundred? Informal discovery. What do you mean? Twenty six hundred less or twenty six. That reduced the total you mean? Yeah, I think it seems like the expense was reduced by twenty six hundred. Unless I got shifted. Yeah, I don't think you got shifted because it's still saying seven thousand or you might move in a number. So when we have this late information, what we do is the budget book says that they send a new sheet to do. Can we just subtract twenty six? You want to just run the cost of that? I mean, you know, if you're sure of that reduction. Yeah, no, that reduction, I mean, we heard about it from multiple sources. I get one, two, four, seven, eight, nine. Yeah, one, two. All right. So why don't we move that? So a little of a million two hundred and forty seven, eight hundred and forty nine. That's three twenty. One million two hundred and forty seven, eight hundred and twenty nine. Because it's been a motion for one, two, four, seven, eight, two, nine. That's been seconded. Second. Any questions? All in favor, say aye. Aye. Any opposed? Topher, if you could just confirm that number. Yeah, I will. And and look. Well, I'll let her know that she'll be voted. Confirm it Alex as well. All right. Is there any other any other projects for tonight? I think they're really being extremely productive. I just want to get a sense from people as to when they might be able to have budgets ready. So I'll just go down the list. Human resources that I think we have to wait for. Parallel and treasure postage. We have any sense? Well, Brian's the lead on the second. I've not heard anything from Brian. I'm not on the mail. If you want, I can go ahead with them. And I can push ahead with those and talk to I guess, Julie for treasurer. And I'm not sure who I talked to. So. Right here. Yeah, don't try to. Yeah. Yeah. You could do that. That'd be great. And the same with is who's doing parking. Brian and Carolyn. Are you seeing Michael? So. You can see, see if you can touch base with Brian. If not, then take it upon yourself to start moving the ball there. Facilities, public work. That's going to be a while. I know that. Yes. So we scheduled facilities and public works for the last week of February. So I'm not actually the second, the last week of February. We're meeting with facilities on the 20th and DPWD. And DPWD 23rd. We don't have a DPW confirmed yet. Okay. But we do have. Waste confirmed for this Friday. So I know there's be lots of questions on that from people. So they should get them to us soon. Yeah. We know the obvious questions, but if there's anything that, you know, isn't sort of the obvious of what we're doing and how the negotiations are going and so forth, please get them to us. Yeah. So facilities and DPW huge budgets, very complicated. Get your questions to Jordan and Jennifer right away because as they say, they're meeting with the department heads and so this will avoid going back and forth. So get your questions. So maybe sometime in the first two weeks in March, maybe we'll have budgets ready. Yeah. I think that's a good thing to try it. Absolutely. All right. Great. Thank you. Insurance and water and soil have to wait for the end. Parents are scheduled for the 21st of March. Okay. Right. And the reclass for the schedule for the 29th of February. What's insurance? They go. 21st of March. So we wouldn't meet again until the school's night. Well, March 21st is the Thursday. Yeah. So if that's when it's going to come out, we wouldn't meet again until the 25th, which is when the schools are coming. So that may be problem. I think last time we did do the insurance after. After the school. Like a big. Yeah. Yeah, we did. We did the water, so right afterwards as well. Yeah. If we want to finish with the school, we want to wrap things up. So we'll have to talk about that. You might have to try to make that. Again, depending on the insurance number. You know, they say, you know, mid-March and March 7th or something, but it hasn't ever, my recollection, it's never really better. It's usually the 3rd week of March. And capital is coming in on March 6th and Minuteman on 11th. Right. And I think that is it for the budgets now that we have to deal with warrant articles and the committees and commissions and things like that. Al, you want to talk about the warrant? Right now, I just skimmed over the warrant following some place over New Jersey. But one piece of good news, it's 67 articles, which is, you know, it's not the lowest we've been, but it's not bad. I didn't see too many new financial articles. I need to talk to the selectments office tomorrow about redoing the order towards the end, because we always want to have the Override Stabilization Fund to be the last article that we, financial article we deal with. I'm going to try to have copies to Terra by Monday. And so that could be distributed. So maybe with a little walk on Monday, we could review the warrant. And I think we'll need to have the time manager come in for a couple of them. I'm sure, yes. So I can touch base with him as to availability probably at the end of the month or in March. So you're definitely on for President's Day night? No, no, no. This coming Monday is 12, the 12th. So we'll meet the 12th to go over the warrants. We might have some committees and commissions that we can put votes on. And we'll follow up with the controller. And with any information in tow for you have with IT. We won't meet on the 14th. And I'm thinking we won't meet on the 21st either. So we'll meet on the 12th. I'll make the final decision about the 21st by then. But seems like we have stuff to do on Monday. And then everything else will have to wait. So, so we'll meet on Monday, the 12th, no meeting on the 14th, probably no meeting on the 21st, and then we'll reconvene on the 26th. And no meeting on the 19th. Yeah, right. We're not meeting on the holiday. So we'll have President's week free. And we'll have Valentine's Day free. And then when we get back on the 26th, then I want to finish everything. You haven't officially canceled the 21st though. I will officially cancel the 21st now. I want you to know if there's a problem with the warrants tomorrow. Right. All right. And Tara is chasing down the boards and commissions. You're dealing with art. Annie is dealing with arts and culture and the skill. We're going to meet them about a meeting when they want to send me the message. Yeah, yep. Do we need to wait for them? I don't know if their budget request is the same. Right. And I don't think we do. So I guess we just need to check with them to see if they're asking for more money. The answer is no. And that's the same with all of them. And that's the same with all of them. We're not going to bring the disability in if they're not asking for more money. We're going to reach out to them. Yeah, okay. Okay. So do you want me to get hold of them or do you want us to? I will, yeah. I'll be on it. And we're still trying to schedule water bodies and the community preservation act. I think Karen is meeting with water bodies tomorrow night. And so she'll have hopefully a date for us. Do we have time for the community preservation act? No. Tara is working on that. And I think. And you said the second four or the year? Capital is? Capital planning is March 6th, Wednesday. Minuteman is Monday, March 11th. The schools will be coming in Monday, March 25th. And I'm hoping the 25th will be our last. Real meeting and that we were just that we finished everything by that night. And if need be, we'll have another meeting after that. But I want to be able to wrap it up so that Alan and Tara and I can start working on that. And I think we're, we are in good stead. So I think, I think we can, you can do that. The only issue I think would be insurance. See what we can do. Anything? Anyone have anything else? All right. We have a plan. Oh, I did have one note. I emailed Charlotte about the restaurant pilot. Oh, yeah. And her email back to me was, we have connected with a technical assistance non-profit in Midfair Health. We are starting the outreach process. Somewhat in coordination with zero waste, single and plastic, single use plastic production initiatives. I think what that means is Charlotte has taken the project on and she's pursuing it. Do that make sense? Which makes sense to me. Have a staff person in 14 year olds who are on the fucking outdoors. And presumably this is how she is in the budget. She had this technical theme for something else anyway. So I think that's also doing this outreach. But nothing's really happening. Nothing's really happening yet. Realist turns blow. Yeah. All right. So we'll reconvene on Monday. And then on the 26th. All right. Welcome to our adjourn. Anyone? Salute. All in favor? All right. All right. All right, we're adjourned. Thank you everyone.