Mark Paolillo, a Belmont resident for 24 years, has served the town as Selectman since 2010. He is seeking a third term as a member of Belmont’s executive branch of government.
Mark has detailed knowledge of the Belmont community and its needs as well as in-depth experience with the Selectman’s job and with the state regulations and procedures Belmont must follow. This experience has been obtained through elected and volunteer positions as well as other activities that have allowed him to understand the town, its government and its residents from different perspectives.
In addition to his service on the Board of Selectmen, Mark has been a member of a number of groups that deal with Belmont’s finances. In 2013, he was instrumental in the creation of the Financial Task Force; as its first Chair he helped devise a multi-year Strategic Financial and Capital improvement Plan for the town.
He has also served on the Permanent Audit Committee (2010 – 2015) and the Warrant Committee (2004 – 2010) where he was Chair and member of the Public Safety Sub-Committee, Chair and member of the Public Works Sub-Committee and a member of the Education Sub-Committee. Mark was on the Warrant Committee Budget Book Study Group.
A Town Meeting Member for the past 21 years, Mark’s efforts on behalf of Belmont have extended beyond financial concerns. From 2007 – 2008, he was part of the Community Preservation Act Study Committee. He was a Chair and member of the Traffic Advisory Committee. In a less official role, Mark, the parent of Stephen (22) and Sarah (18) has coached Belmont youth basketball and soccer.
Mark’s career as a financial professional adds to his ability to work effectively on Belmont issues. A specialist in unclaimed property, with more than 30 years of experience in public accounting, he is a principal in Ryan LLC and based in the Boston office. He has also worked for Thomson Reuters and Deloitte and Touche.
Mark lectures on a variety of tax topics; his audiences have included, but are not limited to, the Council on State Taxation. He has authored articles that have appeared in the Journal of Multistate Taxation and Incentives and is the co-author of the authoritative reference, Bureau of National Affairs, Inc., Portfolio on Unclaimed Property. He received a MTD (Master of Taxation) from Bentley College (1993), an MBA from Boston College (1985), and a Bachelor of Science from Northeastern University (1979).
In Mark's Words - A Long History with BelmontI was born on August 20, 1954 to the parents of Tony and Mary Paolillo. Our family moved to Belmont, MA in 1967.
Mark, Sarah, Stephen, and Christine Paolillo
In 1987 I married Christine Werme and in 1992 we made the decision to move back to Belmont to raise our family. Initially we moved to 62 Davis Road then we moved to 82 Dean Street and we now live on 42 Pilgrim Road. So you can imagine I have a full understanding of our community. We are blessed hat our two wonderful children, Stephen and Sarah were born and raised in Belmont.