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(13 Total References)
Interim Comptroller Virginia ...
Interim Comptroller Virginia Cahill began with an overview of the Walcott Fund and the Kennedy Trust Fund.
explained that the Kennedy was in a CD while the Walcott
was in a couple of very small interest bearing accounts.
advised that none were given.
presented an overview of the third quarter ending March 31, 2012.
noted there were some areas of concern where transfers would be needed to cover the shortage.
On the revenue side, Ms. Cahill
reported that General Fund local receipts were averaging 78.03% of the budget at the end of March.
The following local receipts were falling below the 75% mark:
Penalties & Interest - 69.93%.
Continuing, Ms. Cahill
reviewed the enterprise funds
The Water & Sewer Enterprise Fund expenditures at the end of March 2012 averaged 71% of the budget.
Employee benefits were at 78.8% due to the retirement board assessment being fully paid for FY12 as of March 31.
Golf Enterprise Fund expenditures average 63.8%
of the budget as of the end of March 2012.
The following line items were over the 75% mark:
Lease Payment Land - 98.7% due to the fact that the lease of the land was fully paid for FY12 as of the end of March
Funding Schedule was at 100% and represents the retirement board assessment being fully paid for FY12 as of March 31.
Documents - Memo from Interim Comptroller Virginia Cahill; Report on Walcott Fund; Report on Kennedy Trust Fund; summary of expenditures and receipts by department
REQUEST TO SCHEDULE PUBLIC HEARING FOR THE DEDICATION OF SQUARE AT WEBSTER AND COTTAGE STREETS IN HONOR OF 2ND LT.
Interim Town Comptroller Virginia ...
Interim Town Comptroller Virginia Cahill reviewed the revenues and expenditures for the Fiscal 2012 second quarter.
She noted that the general fund expenditures at the end of the quarter were at 49% of the budget.
The insurance property/liability, Assessors, Information Systems, School Administration, School Special Education, Veterans Services, and Morse Institute Library were all above the 50%, but all due to the payment of service agreements, premiums, etc.
The General local receipts were averaging 55.8%.
Ms. Cahill noted that the major impact was the one time state aid and $119,303 from FEMA for storm reimbursement.
Ms. Cahill explained that three entities make up the PILOT and two only pay at the end of the fiscal year.
The other was billed twice a year.
The payment seen on the report was just the preliminary payment on one.
Documents - Report of Interim Comptroller Virginia Cahill; report on revenue expenses for the period of July 1, 2011-December 31, 2011; report on expenditures for the period of July 1, 2011-December 31, 2011
MetroWest Daily News - Local News Coverage
Cahill tapped for town's CFO post
...FRAMINGHAM -- Virginia Cahill, the town's treasurer-collector since June 2000, is expected to be introduced tonight as the new chief financial officer, filling a post that has been vacant for almost six months. Cahill, who will succeed Rob Addelson, was one of two candidates interviewed by Town Manager George King and a three-person subcommittee comprised of Finance Committee Chairman John Zucchi and members Barry Bograd and Amy Weader.
...Cahill, who was the treasurer-collector for Hudson for eight years before coming to Framingham, helped improve the recordkeeping in her office and is a fine choice for the new post, said Weader.
"It would be nice to have gotten someone who has experience as a CFO, but Ginny
does know the town and that's a plus." Cahill
, who is expected to make more than $100,000 in the new post, could not be reached for comment yesterday.
...Cahill received her bachelor's degree in business administration in 1978 from the University of Massachusetts at Amherst, where she majored in accounting. Cahill later received her master's in business administration from Bentley College. Cahill worked as town accountant in Littleton for 2 1/2 years before heading to Hudson.Cahill
grew up in Sterling and now lives in Southborough with her
Milford Daily News - Local News Coverage
FRAMINGHAM -- Selectmen Thursday unanimously backed Town Manager George King's promotion of treasurer-tax collector Virginia Cahill to chief financial officer, saying her local knowledge outweighs her lack of experience.
...Cahill, who will succeed Rob Addelson, was one of two candidates interviewed by King and a three-person subcommittee composed of Finance Committee Chairman John Zucchi and members Barry Bograd and Amy Weader.
"I appreciate very much the support the town manager and others have shown in me," said Cahill
introduction."I look forward to continuing to work for the town for a long time." Cahill, who was the treasurer-collector for Hudson for eight years before coming to Framingham, helped improve the office's record-keeping.
, who currently makes just under $80,000, is expected to get a significant pay raise as CFO, making more than $100,000 in the new post.
...Chairman Charles Sisitsky congratulated Cahill, who will begin her new job immediately, although King and Assistant Town Manager Mark Purple are likely to handle a bulk of the fiscal 2005 budget through Town Meeting next month.
Documents - organizational chart; letter ...
Documents - organizational chart; letter from Chris Rogers, the auditor; letter from Town Counsel John Flynn; letter from Virginia Cahill, Interim Comptroller; letter from resident Kenneth Goldman dated 4/9/12