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North Stonington Board of Finance
Approved Meeting Minutes
Wednesday, January 19, 2011
NEW TOWN HALL
40 Main Street, North Stonington, CT
- Call to Order: Chairman M. Donahue called the meeting to order at 7:37 P.M. Chairman M. Donahue, P. Nimirowski, D. Spring, E. Bresette, E. Pavlovics and M. Ratib were present.
- Public Comments and Questions: None.
- Assessor’s Report: Mr. Del Grosso, Town Assessor, reported that the Grand List has increased about 0.8% or about $5 million. Mr. Del Grosso will provide a copy of the proposed 2011-12 Assessor budget to the BOF by next meeting.
- Board of Education Financial Report: Not available.
- Board of Selectmen Financial Report: Not available.
- Board of Finance Strategy: The Board reviewed financial data and reports in preparation for the annual budget process. Topics included:
- Selection of Vice Chair – E. Bresette moved to elect D. Spring as Vice Chair. P. Nimirowski seconded and the motion carried 6-0-0.
- Five Year Forecast – the Board revisited the data distributed at the last meeting and discussed the impact of possible state funding cuts to the proposed town budget.
- 2011/12 Budget Guidelines for BOS/BOE – the Board discussed budget guidance to be provided at the upcoming Tri-Board meeting for January 26th. Options included recommending no increase to operating budgets and no increase to the combined capital and debt budgets.
E. Bresette left the meeting at 9:45 pm.
- Previous Minutes: P. Nimirowski moved to approve the BoF Regular Meeting minutes of January 5th as written. D. Spring seconded and the motion carried 4-0-1, with E. Pavlovics abstaining
- Correspondence: None
- Future Agenda Items Identification: Add Administrative Assistance to the BOF Strategy agenda item.
- Adjournment: E. Pavlovics moved to adjourn. P. Nimirowski seconded and the motion carried 5-0-0. The meeting adjourned at 10:11 PM.
Respectfully Submitted,
Mark S. Donahue Approved: 2-16-11
Chairman, Board of Finance
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