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North Stonington Board of Finance
Approved Meeting Minutes
Wednesday, March 10, 2010, 7:30 PM
Senior Citizen's Center
Behind Holly Green, North Stonington, CT
- Call to Order: Chairman M. Donahue called the meeting to order at 7:36 PM. Chairman M. Donahue, Vice Chair G. Herbert, Secretary T. Oswald, E. Pavlovics, E. Bresette and P. Nimirowski were present.
- Public Comments and Questions: None.
- Tax Collector Report: None.
- Board of Selectmen – Financial Report: All three Selectmen and Town Treasurer Roohr presented the Fiscal Year 2010-2011 Proposed General Governmental Budget.
1) The BoS will obtain and convey to the BoF pages 2 and 3 of the Fire Dept budget presentation which was missing from tonight's presentation for our next follow-up joint meeting 3/24/10.
2) N. Mullane will get an updated list of revaluation costs to the BoF for our next joint meeting 3/24/10.
3) N. Mullane will get clarification about the $120,000 VS $125,000 on VFC fire truck principal in the Redemption of Debt section on Operating Page 8 to the BoF for our next joint meeting 3/24/10.
4) N. Mullane will discuss the Capital Plan with the BoF at our next joint meeting 3/24/10.
5) N. Mullane agrees to provide a copy of the report the Town provides to the State for all of the in-kind maintenance and support the Town provides to the BoE.
- Board of Education – Financial Report: Jan and Feb reports should be available next week.
- Management Reports/Board of Finance as Audit Committee/GASB 45 OPEB
- CCM research and Information Survey of 3/5/2010 about municipalities, their funding of GASB 45, and their bond ratings
- 2010/11 Budget/Budget Spreadsheet M. Donahue will begin to roll BoS data received tonight into our Rev A working budget.
- Board of Finance Strategy Discussion, no action.
- Town Report for June 30, 2009: Eight town departments have yet to provide their input so far.
- Previous Minutes:
- E. Bresette moved to approve the 17 Feb. 2010 BoF Meeting minutes as amended. P. Nimirowski seconded and the motion carried 6-0-0.
- E. Bresette moved to approve the 3 March 2010 BoF Regular Meeting minutes as amended. G. Herbert seconded and the motion carried 5-0-1 with T. Oswald abstaining.
- Email from Marc Tate about posting citizen budget questions on the BoF web page.
- Email from R. Roohr concerning Diesel/Gas expenditures as reminded by M. Donahue
- State of CT Senate Bill 1502 concerning awarding the Town a $250,000 Grant-In-Aid for firehouse improvements
- State of CT Office of Policy and Management letter of 9/29/09 awarding a STEAP Grant of $200,000 for drinking water well supply issues.
- Future Agenda Items Identification: No additional items.
- Adjournment: A motion to adjourn was made by G. Herbert and seconded by T. Oswald. The motion carried 6-0-0 and the meeting adjourned at 10:46 PM. Next meeting will be to receive the BoE proposed budget for next fiscal year on March 17, 2010 at 6:00 PM in the Elementary School Multi-Purpose Room.
Respectfully Submitted,
Tom Oswald/Mark Donahue Approved: 3-31-10
Secretary/Chair
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