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REDDING BOARD OF FINANCE
MEETING
February 25, 2008
Filed subject to approval
Present: Alvarez (Chairman), DeSalvo, Dolan, Kearney, Simeonidis (8:00 pm), Viscio
Also present: Controller Hutvagner, Treasurer O’Donnell, First Selectman Ketcham
Chairman Alvarez called the February 25, 2008 meeting to order at 7:30 pm in the Hearing Room of the Town Office Building.
APPROVAL OF MINUTES
Motion: Move to approve the minutes of the January 28, 2008 meeting as corrected. Kearney, Viscio. Approved. 4-0-1. DeSalvo abstained.
Correction: typo correction in following sentence “Tax Collector Moisio reported that property tax revenue is coming in as anticipated.”
POLICE STATION ROOF REPLACEMENT
Mrs. Ketcham reported the Board of Selectmen has recommended replacement of the existing roof on the police station. The current condition of the roof warrants immediate replacement rather than postponing it until the next fiscal year. The project was put out to bid and the Board of Selectmen has recommended approval of expenditure not to exceed $14,380. That amount includes a contingency for replacement of the under layer of plywood if it is necessary.
Motion: move that the Board of Finance approve the request for the police station roof and send the request for a sum not to exceed $14,380 from the Reserve for Capital and Non Recurring Expense Account to a Town Meeting for approval. DeSalvo, Viscio. Approved. Unanimous.
RESIDENT REQUEST FOR ORDINANCE
A citizen requested that the Town of Redding establish an ordinance exempting motor vehicles equipped for disabled persons from local property tax, per Public Act #98-125. State statute allows towns to adopt such ordinances.
Discussion of the request followed. The tax assessor does not have statistics on the number of motor vehicles that would qualify for the exemption, but believes the number would be low. Board members were in agreement that the Board of Selectmen should pursue establishment of an ordinance with legal counsel.
YEAR-TO-DATE BUDGET REPORT/CONTROLLER’S REPORT
The year-to-date budget figures were reviewed. Mr. Hutvagner reported all Departments would meet or exceed the expenditure savings. Revenue figures continue to be lower than anticipated. Expense and revenue figures are monitored on a weekly basis.
The assessor will make a presentation on the revaluation results and grand list to the Board of Finance following the Public Hearing on March 6, 2008,
Mr. Simeonidis arrived at 8:00 pm
BOARD MEMBER REPORTS
Region #9: Mr. DeSalvo reported Region #9 would soon adopt a budget for the next fiscal year. He stated the increase is about 7%-7 ½% with Redding’s portion representing a 4%-4 ½ % increase.
Redding Schools: Mr. Simeonidis reported the Redding Board of Education finalized their budget at 5.92%. Mr. Lewson and Dr. Fossbender would provide further information at the Public Hearing on March 6, 2008.
WPCC: Mr. Viscio reported the Water Pollution Control Commission is working on putting accounting systems in place. This is particularly important as the new plant comes on line and the scale of operations becomes larger
Mark Twain Library: Christina Kearney will be the Board of Finance liaison to the Mark Twain Library board.
ADJOURNMENT
Motion: move to adjourn. Viscio, Simeonidis. Approved. Unanimous.
The meeting was adjourned at 8:20 pm
Respectfully submitted,
Mary Maday, Recording Secretary
Mary
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