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Call to North Stonington Board of Finance
Approved Meeting Minutes
Wednesday, February 3, 2010
NEW TOWN HALL
40 Main Street, North Stonington, CT
- Order: Chairman M. Donahue called the meeting to order at 7:49 PM. Chairman M. Donahue, G. Herbert, E. Pavlovics, E. Bresette and P. Nimirowski were present. Secretary T. Oswald was absent.
- Public Comments and Questions: None.
- Tax Collector Report: Taxes collected as of January 29, 2010 total $11.6 million (94% of budget), which is ahead of last year’s $10.9 million for the same time period.
- Board of Selectmen – Financial Report: The review of the February 3, 2010 BOS Financial Report showed that the Town has only paid $9,911 of the $468,365 approved budget for State Trooper Services (Line Item BB25.05). First Selectman Mullane indicated that billing of State Trooper services has been lagging. The Board noted that reported diesel/gas expenditures for the Town ($18,673) and the BOE ($25,564) appear disproportionate. First Selectman Mullane agreed to check the accuracy of the reported expenditures for Line Item B26.11 Diesel/Gas Town and B33.4 BOE Diesel/Gas.
- Board of Education – Financial Report: The Board received and reviewed the BOE Financial Report of December 31, 2009.
- Management Reports/Board of Finance as Audit Committee/GASB 45 OPEB
- Review of Management Discussion and Analysis/Audit Status – A vote to accept the annual audit report will be scheduled for next meeting.
- 2010/11 Budget/Budget Spreadsheet
- Account Line Item Numbering – Because the BOF Budget Line Item Numbers differ in some accounts from the numbering system used by the BOS in the accounting system, an alignment of the account identification numbering will be attempted and evaluated.
- Board of Finance Strategy
- Policy on Unreserved General Fund Balance – no discussion.
- Town Report for June 30, 2009: No new input has been received since last meeting.
- Previous Minutes: Minutes of January 20, 2010 were not available for approval.
- Correspondence:
- CCM Legislative Update, February 3, 2010.
- E-Mail, CCM to Member CEOs, Minimum Budget Requirement (MBR), February 3, 2010.
- Memo, M. Tate (IT/GIS Coordinator) to Board of Finance, Comments/Questions Received on BOF Finance Website, February 2, 2010.
- Future Agenda Items Identification: No additional items.
- Adjournment: A motion to adjourn was made by E. Bresette and seconded by G. Herbert. The motion carried 5-0-0 and the meeting adjourned at 9:50 PM.
Respectfully Submitted,
Mark Donahue Approved: 2-17-10
Chair
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