MINUTES SPECIAL MEETING FOLLOWING REFERENDUM MAY 15, 2012 8:00 P.M. OLD SAYBROOK HIGH SCHOOL GYM |
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CALL TO ORDER Chairman LaMay, called the special meeting of the Board of Finance to order at 8:06 P.M.
Attendant Members Absent Members
David LaMay, Chairman
Grant Westerson
John O’Brien
Barry O’Nell
Tom Stevenson
Derrik Kennedy
Brad Thorpe
In Attendance
First Selectman Carl Fortuna
Scott Giegerich, Selectman
Superintendant Joseph Onofrio
Julie Pendleton, Operations and Finance Manager
Michael Spera, Chief of Police
Larry Bonin, Director Public Works
Barry Maynard, Tax Collector
Bob Fish, Treasurer
Sarah Becker, Town Clerk
Gerri Lewis, Clerk
Public Comment: None
Referendum Results:
- Town Government: Voting Machine results: 350 YES; 87 NO
- Education: Voting Machine results: 340 YES; 103 NO
At this time, Treasurer Fish handed out to the Board the “Mill Rate Calculation” for the year ending June 30, 2013 as follows:
Grand List: $2,476,000
Tax Collection Rate: 0.99
Other Revenues: $2,268,907
Fund Balance Appropriation: 0
Total Revenue (Budget): 38,111,000
Mill Rate = 1000 x (Total Revenue – Other Revenue – Fund Balance Appropriation) / (Grand List x Tax Collection Rate) = 14.6220; 14.62.
Present mill rate: 14.06.
Chairman LaMay signed the statement of mill rate and turned it over to Tax Collector, Barry Maynard.
Motion: To lay a tax of 14.62 mills on the dollar against the Grand List of October 1, 2011.
Moved: G. Westerson Second: Derrik Kennedy
Discussion: None
Approved: D. LaMay; G. Westerson; J. O’Brien; B. O’Nell; T. Stevenson; B. Thorpe; D. Kennedy 7-0-0
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Motion: To adjourn at 8:09 p.m.
Moved: G. Westerson Second: Barry O’Nell
Discussion: None
Approved: D. LaMay; J. O’Brien; G. Westerson; B. O’Nell; B. Thorpe; D. Kennedy; T. Stevenson 7-0-0
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Respectfully Submitted,
Gerri Lewis, Clerk
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