BOARD OF FINANCE – REGULAR MEETING
TOWN HALL – 127 NORWICH AVENUE
Room #
APRIL 16, 2008
MEMBERS PRESENT: Chairman Bruce Hayn, Vice Chairman Ronald Goldstein, Ronald Crabb, John Ringo,
Brian Smith at 7:27 p.m.
MEMBERS ABSENT: Michael Ryan.
OTHERS PRESENT: First Selectman Linda Hodge.
1. CALL TO ORDER.
Chairman Hayn called this Regular Meeting to order at 7:00 p.m.
2. ACCEPTANCE OF MINUTES OF PREVIOUS MEETING.
2.1 April 2, 2008 Regular Meeting
Motion by: R. Crabb
to approve the minutes of the April 2, 2008, Regular Meeting of the Board of
Finance with a correction to Page 1, Item 3, the motion to read, “ to adjust the revenue by
$65,000; reduce the Capital Improvement Plan by $360,000; accept the BOS reductions of
$200,000, accept the Board of Education (BOE) reductions of $235,895; to reduce the
highway budget by $175,000 to perform same dollar amount of road work using Town Aid
Road (TAR) funds and increase the Capital Reserve by $33,000 to bring the mil increase to
zero for the 2008-2009 budget.
Second by: R. Crabb.
Vote: Unanimous by those present to approve the minutes.
3. DEPARTMENT REPORTS.
3.1 Finance Department.
Chief Financial Officer Maggie Cosgrove sent the Revenue and Expenditure Reports through March
31, 2008 for the Board members review.
3.2 Tax Collector.
Tax Collector Tricia Coblentz sent a report for the month of March for Board review.
Chairman Hayn noted that the delinquent tax list should be available for the upcoming budget
hearings.
4. CITIZENS COMMENTS.
No citizens present.
5. ADDITIONS TO THE AGENDA.
Motion by: R. Crabb
to add discussion of a letter to taxpayers.
Second by: J. Ringo.
Vote: Unanimous by those present.
5.1 Open Letter to Taxpayers of Colchester.
Vice Chairman Ronald Goldstein has prepared a letter to be published explaining the Board’s proposal
of a no tax increase and asking support for the budget.
Motion by: J. Ringo
to accept the letter to be published at no expense to the taxpayer, asking for support for
the budget proposal.
Second by: R. Crabb.
Vote: Unanimous.
6. FIRST SELECTMAN’S REPORT.
6.1 Selectmen’s Agenda
6.1.1 Transfer Requests.
No transfers requested.
First Selectman’s Update.
Selectmen Hodge noted that additional tax refunds are going out, the mechanical voting machines are being disposed of, two to the schools, two will stay with the Town and
the remaining will be sold.
B. Smith arrived at this point in the agenda.
Discussion followed on the budget presentation for April 21, and 23, 2008.
7. CORRESPONDENCE.
No correspondence received.
8. LIAISON REPORTS.
R. Goldstein stated that the Board of Education reduced their budget by the requested $235,895 and due to a change with a Special Education student, added back approximately $60,000 to the budget and voted to use that amount to fund an Enrichment Teacher.
B. Smith attended the Purchasing Policy Committee meeting recently. Several policies from various towns are being reviewed.
9. OLD BUSINESS.
No old business.
10. NEW BUSINESS
No new business.
11. ADJOURNMENT.
Motion by: J. Ringo
to adjourn.
Second by: R. Crabb.
Vote: Unanimous.
Chairman Hayn adjourned the meeting at 7:55 p.m.
Respectfully submitted,
Mary Jane Slade
Clerk
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