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North Stonington Board of Finance
Draft Meeting Minutes
of
Wednesday, February 4, 2015
New Town Hall
North Stonington, CT
- Call to Order Chairman Dan Spring called the meeting to order at 7:30 PM. Brent Woodward, Charlie Steinhart, Emile Pavlovics and Mustapha Ratib (arrived at 8:35) were present. Tim Main was absent.
- Public Comments and Questions: No comments or questions.
- Town Assessor: Grand List, Update: Town assessor Darryl DelGrosso briefed the BOF on the 2014 Grand list which at $530,590,158 is a 0.5 percent increase over the previous year and is broken down as follows:
Real Estate $456,346,833
Personal Property $30,283,914
Motor Vehicles $43,959,411
He was requested to provide the BOF a commentary to augment the analysis submitted.
- BOS: Monthly Report, Project Updates: First Selectman Nick Mullane reviewed the Profit and Loss report through January 30, 2015. In response to a BOF question regarding line item B30.01, Tax Refunds, Nick Mullane will provide clarity of tax over payments during an upcoming meeting.
A summary of Town project updates is provided below:
- Boombridge Road bridge construction has been extended into 2016.
- Support structure for the Hewitt dam bridge is being erected. Reimbursement monies from the State are still a possibility with word coming in June 2015.
- EMS/Fire house site excavation work has been halted due to weather conditions. The design of the building continues to be developed in an effort to meet approved funding levels.
- Samuel K. Eisenbeiser has been hired as the new Economic Development Coordinator consultant.
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- BOF Fiscal Polices, Discussion: Capital Projects Plan: Dan Spring will draft the next fiscal policy, Capital Projects, for the next meeting.
Preliminary discussions regarding the preparation of the 2013/2014 Annual Town Report were started.
6. Previous Minutes: Dan Spring moved to approve the minutes of January 21, 2015 as written. The motion was seconded by Emile Pavlovics and carried 5-0-0.
7. Future Strategies: Budget Prep (2015-2016), BOE Facilities Meeting of January 29, 2015 Review; Town Meeting February 23, 2015: Dan Spring will create a schedule for the 2015/2016 budget process.
The content of the tri-board (BOF, BOS and BOE) meeting held on January 29, 2015 to discuss modernization and future of the school facilities was reviewed by the BOF. The services of a facilitator, Nickolas Caruso, were employed to ensure meeting objectivity and harmony. He actioned the BOF with establishing a budget number thought to be palatable by the voters that could be used by the BOE as a basis for defining a scope of work. Not all BOF members were in agreement with this approach but rather felt a definition of work should come first and then a financial assessment made. These and most likely other ideas will be the subject of additional tri-board meetings.
8. Adjournment: A motion to adjourn was made by Dan Spring. The motion was seconded by Charlie Steinhart and carried 5-0-0. The meeting was adjourned at 9:46 PM.
Respectfully Submitted,
\ BBW \
Brent B. Woodward
Secretary, Board of Finance
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