North Stonington, CT
Board of Finance
Minutes of Regular Meeting
May 21, 2008
North Stonington New Town Hall
1. Call to Order: Chairman M. Donahue called the meeting to order
at 8:06 PM; members E. Pavlovics, N. Gumprecht and G. Herbert were
present. Secretary T. Oswald and Vice Chairman L. Southwick were not
present.
2. Public Comments and Questions: None.
3. Previous Minutes: Minutes of May 14, 2008 were reviewed but
required revision. Amended minutes will be reviewed at the next meeting.
4. BOS Transfer Request to Capital Non-Recurring Funds for
Ambulance: G. Herbert motioned to recommend to a Town Meeting the
transfer of $164,889 into Capital Non-Recurring for designation for the
ambulance. E. Pavlovics seconded the motion, which carried 4-0-0.
5. BOS: Financial Reports: None.
6. BOE: Financial Reports: The Board requested that the Chair
inquire of the Board of Education whether any pre-buying of material is
occurring.
7. Appointment of Assessor: The process of performing the
performance assessment for the Assessor is:
a. All Board members complete the assessment form.
b. The comments are consolidated by one person.
c. The Board reviews the consolidated assessment and approves.
d. One member is selected to conduct the review.
e. The assessment is signed and the original provided for the town
personnel files.
M. Donahue will confirm whether B. Woodward conducted last year's
review. G. Herbert will notify the Assessor that the performance
assessment process is starting. The First Selectman will be requested to
provide a copy of the latest completed performance assessment to the
Board.
8. Management Reports/Board of Finance as Audit Committee/GASB 45
OPEB: G. Herbert will check on IT's (M. Tate) progress with the cash
control software.
9. Annual Town Meeting Feedback: It was noted that the comments and
questions on the budget during the Town Meeting were not concentrated on
any particular aspect of the budget. Comments on the Education budget in
particular were not as extensive as in past years.
10. Budget/Budget Spreadsheet: The use of Schedule D to display debt
service and proposed financing for out years for budget items not yet
approved needs to be resolved before next year's budget.
11. Budget Website/Communications: No update.
12. Correspondence: None.
13. Results Based Accountability: Targeting the first week of June
to get agreement on a schedule with Rep. Urban's staff to discuss RBA.
14. Future Agenda Items Identification: BOF goals, long range plans,
resources.
15. Adjournment: G. Herbert motioned to adjourn. N. Gumprecht
seconded and the motion carried 4-0-0. The meeting adjourned at 10:08
PM.
Respectfully Submitted,
Mark S. Donahue
Chair
Board of Finance Approved: 6/4/08
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