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North Stonington Board of Finance
Draft Meeting Minutes
of
Wednesday, February 1, 2012
New Town Hall
40 Main Street, North Stonington, CT
- Call to Order: Chairman Dan Spring called the meeting to order at 7:32 P.M.~ Mustapha Ratib, Emile Pavolvics and Brent Woodward were present. Peter Nimirowski and Elwin Bresette were absent.
- Public Comments and Questions:~ There were no public comments or questions.
- Reval 2011 Presentation by Daryl Delgrosso: Town assessor Daryl Delgrosso presented the Board the final 2011 Grand List report which had been signed on January 30, 2012. The following table provides a comparison of the 2010 to 2011 Grand List. The reduced 2011 numbers represent a reduction, from 2010, of 15.88 per cent. An increase in mill rate to 24.12 would be needed to raise the same revenue.
Description |
2010 |
2011 |
Real Estate |
558,251,010 |
456,499,258 |
Motor Vehicles |
40,604,570 |
42,690,070 |
Personal Property |
26,832,206 |
27,136,388 |
|
|
|
Estimated Total |
625,687,786 |
526,325,716 |
A discussion ensued regarding ways of keeping the Grand List somewhat level from year to year rather than dips and spikes resulting from fluctuating market values. Ideas included creating tax districts and performing revaluations more frequently.
- Board of Selectmen: First Selectman Nick Mullane updated the Board on the following:
a. Project updates:
- Construction work on the Main Street bridge project is due to start next week.
- The Boombridge Road bridge project first phase, which is the design work, is on schedule. Nick Mullane will ask for a detailed status. ~
- Affordable Housing and Economic Development Commission contracts are in place.
- Additional Appropriations/Attorney Fees:
Emile Pavlovics moved to approve an additional appropriation of $20,000 to line item BB9.01, Tribal Recognition. The motion was seconded by Mustapha Ratib and passed 4-0-0.
- Tribal Recognition and Annexation: A meeting is scheduled to be held in Hartford next week with the Attorney General to discuss the Eastern Pequot Tribal Nation complaint regarding tribal recognition and land annexation. Coordination between the town, state and federal government is considered essential for favorable resolution. The Town attorney will attend the meeting.
- FY 2011-12 Budget/ Tri-Part Meeting: A review of the General Fund Profit and Loss Report revealed that current expenditures were commensurate with being seven months into the budget year. The tri-part meeting between the BoF, BoS and BoE is scheduled for February 8, 2012.
5. Tax Collector’s Report: The current report was reviewed. Emile Pavolvics questioned the increase in over payment. Dan Spring will review this question with the tax collector.
6. Previous Minutes:~ Dan Spring moved to approve the minutes of January 18, 2012 as amended. The motion was seconded by Mustapha Ratib and passed 4-0-0.
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7. Correspondence: ~Dan Spring moved to approve the final BoF payment to Marien + Company, for the 2010/2011 Town Audit, of $8,384. The motion was seconded by Emile Pavlovics and passed 4-0-0.
8. BoF Strategy/Future Agenda Items:
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- Profit and Loss Report
- Tri-Part Meeting
- Approval of February 1, 2012 Minutes
9. Adjournment: A motion was made by Dan Spring to adjourn. The motion was seconded by Brent Woodward and carried 4-0-0. The meeting adjourned at 11:05 PM.
Respectfully Submitted,
Brent Woodward
Secretary, Board of Finance
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