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North Stonington Board of Finance
Approved Meeting Minutes
Wednesday, May 4, 2011
NEW TOWN HALL
40 Main Street, North Stonington, CT
- Call to Order: Chairman M. Donahue called the meeting to order at 7:35 P.M. Chairman M. Donahue, P. Nimirowski, E. Pavlovics, M. Ratib and E. Bresette were present. Vice Chairman D. Spring was absent.
- Public Comments and Questions: B. Borden submitted a written recommendation that a representative of the Board of Finance attend the upcoming Town Meeting of May 9th to address tax and debt impact of the proposed additional appropriations. Mr. Borden asked additional questions concerning the proposed appropriations. The Board responded that the proposed appropriations are expected to have no impact on future property tax rates and debt as they are offset by State grants and FEMA reimbursements.
- Tax Collector’s Report: The Board reviewed the April Tax Collector’s report.
- Board of Selectmen:
- Financial Report: The Selectmen requested guidance regarding the process of sending an additional appropriation to a Town Meeting to authorize pending tax refunds which may total $25,000. First Selectman N. Mullane will also request a recommendation from the auditor concerning appropriate handling of accounting for the refunds.
- Additional 2011-12 Budget Input: Revised intergovernmental revenue data from the Connecticut Conference of Municipalities reflecting the recently signed State budget has been received and will be incorporated into the draft of the Town budget. An analysis of new municipal taxes and the distribution method to the Town was provided by Senator Maynard’s office to the Selectmen and forwarded to the BOF, in response to a BOF question concerning the possible need for additional appropriations to receive the proposed tax revenue. The Selectmen provided a copy of the proposed lease for a new sweeper which indicates it includes the trade-in value of the existing sweeper. The Selectmen also provided copies of recent Annual Reports of the Resident State Trooper Program for the Town, to address a question from the BOF concerning the required level of
police services.
- Board of Finance Strategy:
- Impact of Referendum Results on Proposed Budget: The projected rent from the Hewitt Property will be re-evaluated at next meeting to consider the possible impact of the lease terms approved at the referendum.
- 2011-12 Budget: The draft budget will be revised for the Board’s evaluation to show an option for buying the road sweeper outright rather than leasing it.
- Previous Minutes: P. Nimirowski moved to approve the BOF Regular Meeting minutes of April 27th. E. Bresette seconded and the motion carried 5-0-0.
- Correspondence: E-mail, C. McCarthy to M. Donahue, BOE Expenditure Report March, Re: Explanation of Replacement Equipment Expenditures, 4-22-11.
- Future Agenda Items Identification: None.
- Adjournment: E. Bresette moved to adjourn. P. Nimirowski seconded and the motion carried 5-0-0. The meeting adjourned at 8:48 PM.
Respectfully Submitted,
Mark S. Donahue Approved: 5-11-11
Chairman, Board of Finance
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