North Stonington Board of Finance
Regular Meeting Agenda
Wednesday, April 9, 2008, 8:00 PM
Senior Center, North Stonington, CT
1. Call to Order Chairman M. Donahue called the meeting to order at 8:08
PM. Secretary T. Oswald and members E. Pavlovics, N. Gumprecht and G.
Herbert were present. Member L. Southwick was not in attendance.
2. Public Comments and Questions: none
3. Follow-up Discussion with Selected Departments
a. Fire Department: Replacement of Truck #1 was discussed. Other
elements of the proposed Fire Department budget were also
b. Highway Department: Replacement of trucks numbers 2 and 8 were
discussed.
c. BOS - Solar Power Project: Nita Kincaid and Ron Lewis spoke
about how the Town would benefit from various aspects of solar assisted
power in its various buildings and installations.
4. Tax Collector's Report: The BOF reviewed and discussed the report.
5. BOS: Review of Financial Statements: Actual vs. Budget: The BOF
discussed the report with N. Mullane, First Selectman.
6. BOE: Review of Financial Statements: Actual vs. Budget: Discussion - no
action.
7. Treasurer's Report: Discussion - no action.
8. Budget Surplus Estimate: Discussion - no action.
9. Management Reports/Board of Finance as Audit Committee/GASB 45: G.
Herbert motioned we fund the GASB/OPEB requirement at $65,000 in this budget
for next fiscal year. M. Donahue seconded the motion. Vote was 3-1-1 with
N. Gumprecht opposing and E. Pavlovics abstaining.
10. Budget Spreadsheet: Discussed at great length.
11. Town Report: Omitted.
12. Previous Minutes: Omitted.
13. Correspondence: Omitted.
14. Future Agenda Items Identification: Omitted.
15. Adjournment Next BOF meeting will be held in the New Town Hall Wed.
4-16 at 8 PM. G. Herbert moved for adjournment with E. Pavlovics
seconding. The motion carried 4-0-0, with N. Gumprecht not being present.
The meeting was adjourned at 1:30 AM.
Respectfully submitted,
Thomas Oswald
Secretary, Board of Finance
North Stonington, CT
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