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North Stonington Board of Finance
DRAFT Meeting Minutes
Wednesday, July 7, 2010
NEW TOWN HALL
40 Main Street, North Stonington, CT
- Call to Order: Chairman M. Donahue called the meeting to order at 7:39 PM. Chairman M. Donahue, E. Pavlovics, E. Bresette and P. Nimirowski were present. Vice Chair G. Herbert and Secretary T. Oswald were absent.
- Public Comments and Questions: None.
- Tax Collector’s Report: Fiscal year end collections achieved about $70,000 over the target budget of $12,367,132.
- Board of Education – Financial Report: The BOF reviewed the May 2010 BOE financial report. The BOS provided a list of BOE encumbrances effective June 30, 2010, totaling $185,560.75, as provided by C. McCarthy, Business Manager of the North Stonington Public Schools.
- Board of Selectmen: The Financial Report for the end of the 2009/10 fiscal year is not yet available. The BOS will provide at the next meeting in two weeks.
- 2009/10 Closeout Items: The following budget transfers for end of year closeout were addressed.
- E. Pavlovics moved to transfer $546.00 from Item BB20.04 Social Security to BB 20.00 Town Insurance. E. Bresette seconded and the motion carried 4-0-0.
- E. Pavlovics moved to transfer $1765.00 from Line Item BB26.01 Volunteer Fire Company to C3.22 Volunteer Fire Company - Turnout Gear. P. Nimirowski seconded and the motion carried 4-0-0.
- P. Nimirowski moved to transfer $1,610 from Line Item CC3.00 Ambulance Equipment to BB26.12 Ambulance Association. E. Bresette seconded and the motion carried 4-0-0.
- M. Donahue moved to transfer $4,600.00 from Line Item BB20.03 Workers’ Compensation to BB30.01 Tax Refunds. E. Pavlovics seconded and the motion carried 4-0-0.
- E. Pavlovics moved to transfer $2,200.00 from Line ItemB1.06 Selectmen’s Expenses to BB9.01 Tribal Recognition. E. Bresette seconded and the motion carried 4-0-0.
- E. Pavlovics moved to approve the Selectmen’s request for an Additional Appropriation of $16,128 for FY2010-11 to Line Item BB26.04 State Troopers. E. Bresette seconded and the motion carried 4-0-0.
First Selectman N. Mullane provided an updated summary of Assessment and Estimates of Storm Damage. Actual expenditures incurred to date are $86,932. Estimated additional expenditures are $2,291,450. A final round of inspections and evaluations is being made the next two weeks to identify any damages not previously noted so they can be included for FEMA coverage.
- Results Based Accountability: Deferred.
- Board of Finance Strategy: Deferred.
- Town Report: Deferred.
- Previous Minutes: Deferred.
- Correspondence:
- Marien & Company, LLC, Invoice #21653 for Accounting and Audit Services.
- Letter, B. Pittman, Interim Director and University Archivist, University of Connecticut, Availability of digital edition of Handbook for Connecticut Boards of Finance, June 4, 2010.
- Future Agenda Items Identification: No new items.
- Adjournment: E. Bresette moved to adjourn. P. Nimirowski seconded and the motion carried 4-0-0. The meeting adjourned at 9:59 PM.
Respectfully Submitted,
Mark Donahue
Chair
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