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Town of East Windsor
Board of Finance Meeting
September 19, 2007
Time and Place of Meeting
The Board of Finance meeting was called to order by Noreen Farmer at 7:31 P.M. at the East Windsor Town Hall.
II Attendance
Noreen Farmer-Secretary
Marie Desousa
Jack Manette
William Dove
Robert Little-Alternate
Mary Szabo-Treasurer
Members Absent
Paul Catino
Dale Nelson
Leo Szymanski-Alternate
Appointment of Alternates
Robert Little was appointed as a member due to the absence of Dale Nelson.
Motion by Marie Desousa, seconded by Jack Manette
Vote: Unanimous
Previous Minutes
Regular Meeting-August 15, 2007
Motion to approve minutes of August 15, 2007 Regular meeting as submitted.
Motion by Marie Desousa, seconded by Jack Manette
Vote: Unanimous
Communication
Communications were distributed and reviewed. There was a discussion on the need to review the July/August legal bills at the next meeting
Upon motion by Jack Manette, seconded by Robert Little it was unanimously
VOTED: to include a review of Legal Bills under new business during the October Meeting.
Treasure’s Report
Mary Szabo-Treasure- Reported a current cash balance of 10,170.243 in various investment accounts and in the General Fund operating Town and Board of Education accounts. Webster still pays a 5.20% rate of return on our 4.5 mil. Investment. The total tax receipts including current and prior year is 11,821,054.15.
We received 159,375.29 in state school construction grant. 25% or 1,312,772 or ECS grant should be in at the end of October. Other State grants are all due at the end of September.
Our expenses- all departments budgets are between 21% and 25% range, except the communications system (2147) 73% spent, and the employees benefit lines are over because pension contribution of $880,278 has been made.
Upon motion by Jack Mannette, seconded by Marie Desousa it was unanimously
VOTED: to accept the Treasurer report as presented.
Old Business
A. School Resource Officer
The Board of Finance recieved and reviewed a response from the First Selectman and Chief of Police relative to concerns addressed at the August 15, 2007 meeting. Based on the documentation received there were no additional comments or concerns.
B. Senior Center-FY 06/07 Budget Surplus
This item was tabled to the October Board of Finance meeting to have further discussion with the First Selectman, Edward Filipone.
C. Oil/Gas expenditures-Senior Center, Police Department, Public Works
The item was tabled to the October Board of Finance meeting to have further discussion with the First Selectman.
Motion by Jack Manette, seconded by William Dove
Vote: Unanimous
New Business
D. Annual Report
Jack Manette volunteered to handle the Annual Report with the assistance of Marie Desousa and William Dove
E. Police Chief Employment Contract
There was a long discussion regarding the recently signed employment agreement. The Board of Finance addressed concerns relative to financial obligations and the validity of the authorization for the Police Commisson to enter into the employment agreement. The Board will forward the concerns addressed in writing to the Board of Selectman prior to the next Board of Selectman meeting.
F. Registrar of Voters Audit-Jack Manette
Jack Manette presented his audit of The Registrar of Voters. There was a lengthy discussion and it was the consensus of the Board members present that a recommendation be forwarded to the First Selectman regarding a review of the audit as well as a recommendation for the possible adoption of policies and procedures regarding purchasing.
Motion to Adjourn meeting at 9: 15 P.M.
Jack Mannette/Marie Desousa
Vote: Unanimous
Respectively submitted,
Lori Butenas
Recording Secretary
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