February 16, 2016 Minutes

BOARD OF FINANCE REGULAR MEETING - February 16, 2016

 

The meeting was called to order by Board of Finance Chair Christopher Santucci at 7:26 pm. Members present: Rebecca Cunningham, Dennis Sienna, Christopher Santucci, and Giovanni D'Alessandro. 

 

A motion was made by Christopher Santucci to approve the February 2, 2016 regular meeting minutes. Giovanni D'Alessandro seconded the motion. The motion was carried. 

 

Member Tim Vennart joined the meeting in progress.

 

First Selectman Andy Goodhall discussed the selectmen's and Highway Department proposed budgets for fiscal year 20016-17. Also discussed was the problem with crumbling foundations of many houses in town and future remedies for those affected. 

 

Board of Education Chair Andrea Estell and Superintendent Joe Reardon presented the Board of Education proposed budget for fiscal year 2016-17. Discussion also occurred on the creation of an account to handle excess funds from the yearly Board of Education budget to offset future Board of Education spending needs without increasing the Board of Education annual budget.

 

The members then addressed the revenue and expenditure and vendor history reports; the annual town report; and selection of an  auditor. After review of the only audit proposal submitted after requests for bids from various auditing firms, a  motion was made by Christopher Santucci to approve O'Connor Davies proposed audit contract for fiscal year 2015-16, 2016-17, and 2017-18 with an option for an additional 3 years.

 

The members then discussed the proposed budgets for fiscal year 2016-17.

 

Tim Vennart made a motion to adjourn at 9:26 pm. Dennis Sienna seconded the motion. The motion was carried.

 

 

Respectfully,             

                                  

Bonnie Dabrowski, Recording Secretary