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Board of Finance Minutes 04/14/2010 Approved
North Stonington Board of Finance
Approved Meeting Minutes
Wednesday, April 14, 2010
NEW TOWN HALL
40 Main Street, 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, E. Pavlovics, E. Bresette and P. Nimirowski were present. T. Oswald was absent.
  • Public Comments and Questions: None.
  • Assessor: D. Del Grosso reviewed recent reductions in the Town’s Grand List and explained the reasons causing the reductions.
  • Board of Selectmen:
  • Storm Damage – the current status of estimated storm damage costs and possible FEMA financial assistance was reviewed.
  • School Boiler Replacement – A Design-Build Proposal from EMCOR Services for boiler replacement at the High School and Elementary School was distributed for information.
  • Ten Year Capital Plan – An updated Ten Year Capital was distributed for review.
  • 2011/11 Budget/Budget Spreadsheet:
  • Approval of BOF 2010/11 Budget – The draft budget was re-reviewed and decision deferred until next week to allow for further information to be obtained concerning recording services for BOF meetings.
  • Revision A Review – Before releasing the budget, the BOF needs to understand better the BOS rationale for lease/buy arrangements of trucks versus financing. Final review of the budget before the hearing will be next week.
  • BOE Request for Line Item in Capital Non-Recurring Account – the timeline to resolve this request and communicate back to the BOE will be June 30, 2010.
  • 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: G. Herbert moved to approve the BOF Regular Meeting minutes of March 31st. P. Nimirowski seconded and the motion carried 4-0-1. E. Bresette abstained.
  • Correspondence: None.
  • Future Agenda Items Identification: None.
  • Adjournment: G. Hebert moved to adjourn. E. Besette seconded and the motion carried 5-0-0. The meeting adjourned at 10:49 PM.

Respectfully Submitted,

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Mark Donahue                                                    Approved: 4-28-10
Chairman