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ANNUAL !1r-:?TIN OF TT-TE ASSOCIATION OF TOWN FINANCE COAT,17TTEES <br /> January 25, 1945 <br /> The annual meeting of the Town Finance Come-i ttee s <br /> was held at the Hotel Sheraton, Boston, Massachusetts on <br /> January 25, 1945. <br /> The members Present were Harvey rinlock, Lewis T. <br /> TToyt and Raymond T. White. <br /> The first matter to come before this meeting was <br /> the Treasurer' s Report which was submitted and approved. <br /> The new President elected was Harry Marshall of Wakefield; <br /> the Vice President was Harold M. T.a•,ison, Needham; Leon G. <br /> 'dent, Treasurer, and good old faithful, Danforth ?"'. Comins, <br /> Executive Secretary. <br /> Mr. Comins stated that two new towns had joined <br /> the Association - Sherborn and Westford. <br /> George Searles of the Division of Accounts spoke <br /> with regards to surpluses of the various towns. He also <br /> spoke about the fact that the average white collar worker <br /> of the towns had received a 15/ temporary increase. The <br /> 1945 tax rate will be somewhat controlled by Governor Tobin' s <br /> Budget Message. According to his message, no state tax will <br /> be required to be raised by the towns this year. The <br /> estimated income and corporrtion taxes will be approximately <br /> the same as last year. Tn other words on the Cherry Sheet, <br /> the estimated taxes for 1945 will be comparably the same <br /> as 1944. Because the state tax will be omitted, it will <br /> reduce each town about 't10,000.00 on the tax rate. <br /> The meeting adjourned at 9;15 P.M. <br /> Respectfully submitted, <br /> Secretary. <br />