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HomeMy WebLinkAbout1945-01-25-AC-MIN.pdf ANNUAL !1r-:?TIN OF TT-TE ASSOCIATION OF TOWN FINANCE COAT,17TTEES January 25, 1945 The annual meeting of the Town Finance Come-i ttee s was held at the Hotel Sheraton, Boston, Massachusetts on January 25, 1945. The members Present were Harvey rinlock, Lewis T. TToyt and Raymond T. White. The first matter to come before this meeting was the Treasurer' s Report which was submitted and approved. The new President elected was Harry Marshall of Wakefield; the Vice President was Harold M. T.a•,ison, Needham; Leon G. 'dent, Treasurer, and good old faithful, Danforth ?"'. Comins, Executive Secretary. Mr. Comins stated that two new towns had joined the Association - Sherborn and Westford. George Searles of the Division of Accounts spoke with regards to surpluses of the various towns. He also spoke about the fact that the average white collar worker of the towns had received a 15/ temporary increase. The 1945 tax rate will be somewhat controlled by Governor Tobin' s Budget Message. According to his message, no state tax will be required to be raised by the towns this year. The estimated income and corporrtion taxes will be approximately the same as last year. Tn other words on the Cherry Sheet, the estimated taxes for 1945 will be comparably the same as 1944. Because the state tax will be omitted, it will reduce each town about 't10,000.00 on the tax rate. The meeting adjourned at 9;15 P.M. Respectfully submitted, Secretary.