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HomeMy WebLinkAboutAudit Comm. 09/25/2024Town of Mansfield tt�� gpEC1NR1 ryJi. i�LIJ n 6 Park Row, Mansfield, Marrachxretu 02048 � OFFICE �� s Audit Committee 4$AN,�a 2024 DEC 23 1� 12. O5 Meeting Minutes September 25, 2024 1, I n Dracant•: Me Mmn roan R r)nharty Mc rVol It, Rncciara Mr rtaya CrhnnnyaH nnel Mr lark r'nnnax %eipra keep It flat am financial 'inforr Audit Committee September 25, 2( leeting 4 nmercial tax rate. Ms. Stone continued in going through the -Employment Benefits (OPEB) fully funded which is a great Page 1 financial, position to be in. Mr. Cooney asked if this is required for OPEB to be fully funded. Ms. Stone responded that not every Town is fully funded and they are not required to be fully funded yet, but some are getting there and that on the Town side Mansfield's OPEB is not fully funded. Mr. Pereira noted that there is not an OPEB contribution for MMED in the fiscal year 2025 because it is fully funded. Motion: To accept the MMED Audit with the edits to the management review of the responsible officer and insert the process on how the PIOLT is calculated and explain that it has not changed over the last several years Audit Committee September'25, 21 Page 2