[Marker]
REDDING BOARD OF FINANCE
MEETING
JUNE 25, 2007
Filed subject to approval
Present: Alvarez, Cotton (8:30 pm), DeSalvo, Dolan (8:20 pm), Guitar, Viscio,
Also present:: Seven members of the public, and a representative of the (Redding Pilot
Mr. Alvarez called the June 25, 2007 meeting to order at 7:40 pm in the Arts & Craft Room of the Community Center.
APPROVAL OF MINUTES
Motion: Move to approve the minutes of the April 30, 2007 meeting as submitted. DeSalvo, Guitar. Approved. Unanimous.
Motion: Move to approve the minutes of the May 8, 2007 meeting as submitted. DeSalvo, Guitar. Approved. 2-0-2. Viscio & Guitar abstained.
Motion: Move to approve the minutes of the June 11, 2007 meeting as submitted. DeSalvo, Guitar. Approved. 3-0-1. Viscio abstained.
TAX COLLECTOR ANNUAL REPORT AND SUSPENSE LIST
Tax Collector Moisio presented the Suspense List for review and approval.
Motion: Move to accept and sign the Suspense List totaling $12,492.87 as submitted. Viscio, DeSalvo. Approved. Unanimous.
Mrs. Moisio reported she met all the goals set by the Board of Finance, and has collected approximately $21,000 more in current year revenue than anticipated. The Grand List has been completed and tax bills are in the process of being mailed to tax payers. She also reported the Georgetown Sewer plant budget is on target.
UPDATE ON 2010 CLEAN ENERGY
This item was tabled to the next meeting as Mr. Cotton was not present to discuss the topic.
FEMA UPDATE
Mr. Hutvagner reported that FEMA will cover many of the expenses the Town incurred as a result of the May 11, 2007 storm event. The repairs are continuing and some, such as the Diamond Hill Bridge have not begun.
MAY 2007 YEAR TO DATE FINANCIAL STATEMENTS
The monthly reports were reviewed. Mr. Hutvagner indicated the Town’s department budgets are on target. He estimates an end-of-year balance of approximately $600,000.
AGENDA CHANGE
Motion: Move Reports from Individual Board Members to the next item for discussion.
DeSalvo, Guitar. Approved. Uanimous.
REPORTS FROM BOARD MEMBERS
Mr. Alvarez & Ms. Guitar reported they participated in the final round of interview for the Tax Assessor position and were pleased with the candidate pool. Mrs. Ketcham announced that the chosen candidate, John Ford IV, has accepted the position and will begin work on July 9, 2007.
EXECUTIVE SESSION
Motion: Move to recess to executive session for a discussion of salary increases for non-union, highway and elected personnel for July 1, 2007. Guitar, DeSalvo. Approved. Unanimous. Mrs. Ketcham and Mr. Takacs were invited to be present.
The meeting recessed at 8:12 pm.
Mr. Dolan joined the meeting at 8:20 pm.
Mr. Cotton joined the meeting at 8:30 pm
RECONVENE
The Chair reconvened the meeting in public session at 8:45 pm.
Motion: Move that the Redding Board of Finance approve the transfer of $132,603.08 from contingency for the salary increases for non-union, highway and elected personnel for July 1, 2007 as discussed. Guitar, DeSalvo. Approved. Unanimou.s
ADJOURNMENT
The Chair adjourned the meeting at 8:47 pm.
Respectfully submitted,
Mary Maday, Recording Secretary
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