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June 27, 2019
6:00 PM - 8:00 PM
Town Hall Selectmen's Conference Room
333 Washington Street
6th Floor

Brookline, MA 02445
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BFAC Full-Committee, June 27, 2019 Select Board Conference Room @ 6PM

Thursday, June 27, 2019

Brookline Fiscal Advisory Committee

Town of Brookline



June 27, 2019

Location:  Brookline Town Hall, 6th Floor Board Room



  1. Approval of meeting minutes of BFAC 5/2/19 Meeting           6:00 pm to 6:10 pm        D. Kirshner
  2. Meeting Objectives and Update to the Select Board                6:10 pm to 6:20 pm        B. Franco



  1. Financial Framework to Address Structural Imbalance 

Between Projected Revenues and Expenses: 2021 – 2024     6:15 pm to 6:30 pm         D. Kirshner

  1. Challenges and Solutions
  2. Opportunities for Improvement


  1. Discussion of Proposed Financial Governance Policies to       6:30 pm to 7:30 pm         Everyone

Ensure Town of Brookline is “Fit for the Future”


  1. Maintain AAA Rating
  2. Financial Forecasting and Improvement Plan
  3. Full Allocation of Costs
  4. Broad Based Capital Planning
  5. New Economic Development
  6. Strategic Reserves


  1. Assignments & Pacing of BFAC Upcoming Meetings               7:30 pm to 7:50 pm         D. Kirshner


  1. New Business and Public Comment                                           7:50 pm to 8:00 pm



-          Minutes of the Brookline Fiscal Advisory Committee meeting of May 2, 2019

-          “Town of Brookline:  Financial Governance Policies and Operating Disciplines” Draft Presentation