North Stonington Board of Finance
Draft Meeting Minutes
of
Wednesday December 19, 2012
New Town Hall
North Stonington, CT
- Call to Order: Chairman Dan Spring called the meeting to order at 7:31 PM.~ Brent Woodward, Peter Nimirowski and Mike Urgo were present. Mustapha Ratib and Emile Pavolvics were absent.
- Public Comments and Questions:
Mary Ann Ricker, co-chair of the North Stonington Affordable Housing Committee, spoke on behave of a letter, dated December 18, 2012 to the Board requesting that action be taken to create a line item in the budget for managing funds derived or spent on properties associated with transactions linked to affordable housing. The Board agreed to continue the discussion at the January 3, 2013 scheduled meeting. Marilyn Mackey also participated in the discussion.
Joe Gross provided the Board with copies of an OLR (Office of Legislative Research) research report dated December 14, 2012; file no. 2012-R 05040. This report was in response to his continuing question regarding Section 7-344 (Appropriations. Laying of Taxes).
- BOS: Town Meeting; Audit Review (2011-2012):
First Selectman Nick Mullane reviewed the outcome of the December 17, 2012 Town meeting at which the request for transferring $999,362 from Capital Non Recurring Fund (CNR) to the General Fund Unassigned Fund was approved. Also approved was an additional appropriation of $65,000 for the purchase of a used truck and equipment.
Due to the transfer of funds from CNR to the unassigned fund, modifications to the FY2011-2012 audit were required. These changes were made thus completing the FY2011-2012 audit.
A motion was made by Dan Spring to accept the FY 2011-2012 North Stonington town audit prepared by Meyers & Company LLC dated October 26, 2012 except for Note 14 which is dated December 17, 2012. The motion was seconded by Mike Urgo and passed 4-0-0.
The second progress payment was received from Meyers and Company, against line item B 3.01 (Auditing), for preparation of the FY 2010/2011 Town audit.
A motion was made by Dan Spring to approve the second progress payment submitted by Meyers and Company against line item B 3.01 (Auditing) for preparation of the FY 2010/2011 Town audit. The motion was seconded by Peter Nimirowski and passed 4-0-0.
Reimbursement by FEMA of an estimated $611,000 for work on the main street bridge has not yet been received. The delay was attributed to FEMA’s involvement with hurricane Sandy.
- BOE: Middle School Boiler; Policy Reviews:
Nick Mullane advised the Board that one of the two boilers in the middle school had become non-functional and that the BOE would, in the near term, be requesting an additional appropriation to cover the replacement/repair cost. The cost of this effort has not yet been determined.
Policy changes for credit card use and mileage and travel reimbursement were received from the BOE. These changes were implemented in response to the discovery audit.
Mike Urgo agreed to act as the BOF liaison during the upcoming BOE budget preparations.
Peter Nimirowski moved to approve the minutes of December 5, 2012 as amended. The motion was seconded by Dan Spring and passed 4-0-0.
6. Future Strategies: Status of narrow band radio upgrades.
7. 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 10:05 PM.
Respectfully Submitted
Brent Woodward
Secretary, Board of Finance
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