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Board of Finance Minutes 07/11/2012 Approved
North Stonington Board of Finance
Meeting Minutes
of
Wednesday July 11, 2012
New Town Hall
North Stonington, CT



  • Call to Order:  Chairman Dan Spring called the meeting to order at 7:34 P.M.~ Peter Nimirowski, Brent Woodward and Emile Pavolvics were present.  Mustapha Ratib was absent.  
  • Public Comments and Questions:~  
Brad Borden inquired as to when the discover audit would be made public.
Dan Spring expressed confidence that the report would be available during the week of July 15, 2012.

Joe Gross was of the opinion that passing of the BOE budget would be difficult because the public did not have confidence in that Board.

  
  • BOS 2012-2013 Budget – Tax Levy: Calendar:  
First Selectman Nick Mullane and Selectmen Mark Donahue and Shawn Murphy presented the general government budget, which showed a reduction of $200,000, as had been requested at the previous BOF meeting.  The goal of the Board is to reduce the 25.25 mill rate used as the basis for the July 2012 tax bills to 24.25.

A Town meeting has been scheduled for July 23, 2012 with the Referendum on July 30, 2012.

  • BOE: 2012-2013 Budget; Discovery Audit:  
The BOE budget, which showed a reduction of $300,000, as had been requested at the previous BOF meeting was accepted by the Board.
 
The discovery audit report is expected to be available during the week of July 15, 2012, predicated on the completion of negotiations.

Subsequent to budget changes reflecting the reductions from both the BOS and BOE, Dan Spring made a motion recommending that the Board of Selectmen present to the Town for their consideration a budget of $18,433,376, consisting of the following:

General Government expenditures of $6,338,094, including the redemption of debt and capital and Board of Education expenditures of $12,095,282.

The motion was seconded by Peter Nimirowski and passed 3-1-0.  Emile Pavolvics disapproved.

5.      Revenue Building: Strategies:    

At the request of the Chair, Nick Mullane agreed to periodically provide a report statusing projects that had the potential for promoting business revenue.  

  • Tax Reports:
The tax report of June 28, 2012 showed a total of $675,126 in unpaid back taxes for all years.  The corresponding figure dated one year earlier (June 28, 2011) was $551,126 indicating a rise in unpaid taxes.       

  • Previous Minutes:
Emile Pavolvics moved to approve the minutes of July 5, 2012 as amended.  The motion was seconded by Brent Woodward and passed 3-0-1.  Brent Woodward abstained.    
  
8.  Adjournment:

        A motion was made by Dan Spring to adjourn.  The motion was seconded by Peter Nimirowski and passed 4-0-0.  The meeting was adjourned at 10:58 PM.

Respectfully Submitted
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Brent Woodward
Secretary, Board of Finance