BOARD OF FINANCE
TOWN OFFICE BUILDING
40 OLD FARMS ROAD
WILLINGTON, CT 06279
REGULAR MEETING MINUTES
Thursday, October 18, 2012
Members Present: Members Absent:
Ken Schoppmann, Chairman Elizabeth Marco
Ann Marie Brown, Vice-Chair Peter Latincsics
Alan Ference, Secretary
Robert Wiecenski
Elizabeth Treiber - Alternate
Annemarie Poole - Alternate
Also Present: Tish Ignatowicz, Treasurer
Chairman Ken Schoppmann called the meeting to order at 7:03 P.M.
SEATING OF ALTERNATES
Alan Ference motioned to seat Elizabeth Treiber for Peter Latincsics and Annemarie Poole for Elizabeth Marco. Robert Wiecenski seconded. All were in favor, motion carried.
PRESENT TO SPEAK – no one.
APPROVAL OF MINUTES
Motion to approve the Regular meeting minutes of the August 16, 2012 regular meeting was made by Alan Ference, Robert Wiecenski seconded. All were in favor, motion carried.
Motion to approve the Special meeting minutes of September 27, 2012 was made by Alan Ference, Annemarie Poole seconded. Annemarie Poole and Elizabeth Treiber abstained, all others were in favor, motion carried.
NEW BUSINESS
Initial Budget Discussions
Chairman Schoppmann started the discussion by tell the group that there has been a favorable impact on the General Fund of $200,000 which included:
- Favorable change from EO Smith with a change in the population
- FEMA grant received earlier then expected
- Sale of Cedar Ridge Apartments
- Insurance coverage has been very favorable
Discussion followed.Board of Finance -2- October 18, 2012
Budget Letter
Chairman Schoppmann asked the Board for their input to create this years Budget Letter. The following was discussed:
- Zero based budget
- Reval impact
- Clarification of line item authority needed
- Fund for hard to predict expenses such as snow removal and repair expenses for emergency equipment
- Wording that states what will be questioned:
- miscellaneous expenses
- lines that have not been expended but are being asked for again
- future projections
Chairman Schoppmann will take the Board’s suggestions and put the letter together for approval at the November meeting.
OLD BUSINESS
Turnpike Road Project
A status report was emailed to all the Board members from the Selectmen’s Office. Discussion followed. It was asked that at the next meeting we have an update on the engineering costs and where things stand with the expenses.
CORRESPONDENCE – none.
GOOD & WELFARE
The negotiations with the town employees are awaiting final approval from the union.
Tish Ignatowicz informed the Board that the Town is switching their accounts From First Niagara to Rockville Bank which is better for the Town.
ADJOURMENT
The meeting was adjourned at 8:35 p.m.
Respectfully submitted,
Debra L. Lewis
BOF Recording Secretary
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