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Board of Finance Minutes 03/31/2010 Approved
North Stonington Board of Finance
Approved Meeting Minutes
Wednesday, March 31, 2010
NEW TOWN HALL
40 Main Street, North Stonington, CT


  • Call to Order: Chairman M. Donahue called the meeting to order at 7:35 PM.  Chairman M. Donahue, Vice Chair G. Herbert, E. Pavlovics, T. Oswald and P. Nimirowski were present. E. Bresette was absent.
  • Public Comments and Questions: None.
  • Board of Education:
  • Financial Reports of January and February – The February report projects a shortfall of $34,830.
  • Follow-up on Budget Presentation of March17th – members of the BOE and School Administration provided follow-up answers to BOF questions concerning OPEB liabilities, budgeting for the departing HS/MS Principal’s salary, the nature of legal expenditures, impact of this year’s budget on the educational program, spending priorities, the process of projecting year end surplus/deficit (if any) and future cost saving opportunities.
  • Board of Selectmen:
  • Ten Year Capital Plan - No report due to Town state of emergency from flood.
  • 2011/11 Budget/Budget Spreadsheet:
  • Approval of Assessor’s 2010/11 Budget -  
  • G. Herbert moved to accept the Assessor’s Office Proposed 2010/11 budget of $115,663 and Capital Expenditures of $40,000 for revaluation expense. P. Nimirowski seconded and the motion carried 3-0-2, with E. Pavlovics and T. Oswald abstaining.
  • T. Oswald moved that the Assessor will present the Assessor’s Office proposed budget in person to the Board of Finance no later than the third week in February. E. Pavlovics seconded and the motion carried 5-0-0.
  • Approval of BOF 2010/11 Budget – A draft budget was distributed and will be reviewed next meeting. T. Oswald left the meeting at 9:57 PM.
  • Revision A Review – Deferred.
  • BOE Request for Line Item in Capital Non-Recurring Account – Deferred.
  • Board of Finance Strategy: Deferred.
  • Management Reports/Board of Finance as Audit Committee/GASB 45 OPEB – Deferred.

  • Town Report for June 30, 2009: Deferred.
  • Previous Minutes:
  • E. Pavlovics moved to approve the BOF Regular Meeting minutes of March 10th, as amended. G. Herbert seconded and the motion carried 4-0-0.
  • P. Nimirowski moved to approve the BOF Regular Meeting minutes of March 17th.  E. Pavlovics seconded and the motion carried 3-0-1 with G. Herbert abstaining.
  • G. Herbert moved to approve the BOF Regular Meeting minutes of March 24th, as amended. E. Pavlovics seconded and the motion carried 3-0-1 with P. Nimirowski abstaining.
  • Correspondence: None.
  • Future Agenda Items Identification:
  • Fulltime Assessor – add in September timeframe.
  • Adjournment: G. Hebert moved to adjourn. P. Nimirowski seconded and the motion carried 4-0-0. The meeting adjourned at 10:11 PM.

Respectfully Submitted,

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Mark Donahue                                                    Approved: 4-14-10
Chairman