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,�yrxrasr�.a <br /> Town of Mashpee Community Preservation Commission <br /> " 16 Great Neck Road North <br /> ° Mashpee, MA 02649 <br /> Community Preservation Commission Meeting Summary <br /> Tuesday,November 18, 2025; 6:30 PM <br /> Mashpee Town Hall -Ockway Meeting Room <br /> 16 Great Neck Road North, Mashpee, MA 02649 <br /> *In-person meeting* <br /> Present:Arden Russell, Chair/Member at Large, Lynne Barbee, Member at Large, Judy MacDougall, <br /> Member at Large, Seana Pitt Conservation Commission Representative, Mary Waygan, Planning Board <br /> Representative, Ed Schmuhl, Member at Large, Richard Klein, Mashpee Housing Authority <br /> Representative, Michaela Wyman-Colombo, Select Board Representative and Brian Hyde, Historical <br /> Commission Representative. <br /> The meeting was called to order at 6:30pm in the Ockway/Waquoit Meeting Room. <br /> PUBLIC COMMENT <br /> No Public Comment <br /> APPROVAL OF MINUTES <br /> • September 16, 2025, minutes will be discussed at the December 16, 2025, meeting <br /> APPOINTMENTS AND HEARINGS <br /> No Appointments and Hearings <br /> NEW BUSINESS <br /> CPA Fund and Account Balance <br /> The Chair reviewed a two-page CPA fund balance summary prepared from data provided by the Town's <br /> Finance Department. She explained that this spreadsheet reflects all committed amounts, returns, fund <br /> reallocations, and clean-up adjustments, but does not include any undesignated funds for the current year <br /> or the potential $1.181 million return from the "Pickerel Cove Parcel"project. She noted that accounting <br /> terminology used by the Finance Department (such as "budget for appropriation"versus <br /> "undesignated") can be difficult to navigate, and she continues to work toward a more standardized <br /> format. The Chair clarified several CPA accounting concepts: "cleanup"refers to the annual <br /> reconciliation between the estimated and actual state match; "returns" reflects funding returned from <br /> projects that closed with unspent balances; "budget for appropriation"refers to the required annual 65- <br /> 70% allocation after administrative costs; and undesignated funds roll over at year-end. It was noted that <br /> clear communication with the Finance Department remains necessary,particularly if future balances <br /> approach zero. <br /> A committee member noted the need for formal written correspondence from the Town Manager <br /> regarding the Pickerel Cove parcel funds. The Chair agreed and stated that the next agenda will include <br /> 1 <br />