RECEIVED JUNE 25, 2009 @ 9:30 A.M.
Kerry Miserendino, Redding Asst. Town Clerk
2 pages
REDDING BOARD OF FINANCE
REGULAR MEETING
June 22, 2009
Filed subject to approval
Present: Alvarez (Chairman), DeSalvo, Dolan, Guffey, Simeonidis
Also present: First Selectman Ketcham, Selectman Takacs, Controller Gniadek, Treasurer O’Donnell, Tax Collector Moisio, and nine members of the public.
PUBLIC COMMENT
Julia Pemberton: asked if there was any additional information that would be shared regarding the GLDC project and the TIF funding.
APPROVAL OF MINUTES
Motion: move to approve the minutes of the May 26, 2009 meeting as corrected. DeSalvo, Guffey. Approved. Unanimous.
Correction: Treasurer O’Donnell was present for the meeting.
TAX COLLECTOR COLLECTION REPORT AND SUSPENSE LIST
Suspense List: Mrs. Moisio reported the Suspense list totals $9,975 ($7,571 automobile, $1838 supplemental automobile, and $555 in personal property). This is the list of uncollected taxes from the 2005 Grand List and consists primarily of people who have moved and cannot be located. The list will go to the collection agency for further follow-up.
Collection Report: to date 99.9% of the amount of budget amount has been collected. This represents 98.72% of the actual taxes. In addition, the amount collected for prior year taxes, interest, and liens & fees was more than budgeted. With a budgeted tax amount $40,453,000, a total of $40,745,000 was actually collected.
No tax sales were done; all the properties now have their taxes paid.
YEAR TO DATE BUDGET REPORT AND CONTROLLER’S REPORT
Controller Gniadek submitted a written report for review. He reviewed revenue and expenses. The deficit in revenue has decreased since the last meeting, primarily due to prior year tax collection, building inspection permits and interest on taxes. The expense variance is more favorable than in the previous month. The majority of savings in the expense area is attributed to the Highway Department. He estimates the end of year balance of about $300,000.
Mr. Gniadek also reported some savings going forward due to:
a. Elimination of two unused modules in the MUNIS software package, approximately $19,000 over three years, and
b. A change to MCP(Managed Care Provider) for Workers Comp, for a savings of $8,800.
The RFP for Computer System Maintenance was posted on the website on June 13. Three bids have been received and Mr. Gniadek is in the process of evaluating the bids.
REPORTS FROM BOARD MEMBERS
Mr. Alvarez reported that Redding Board of Education Jess Gaspar provided information on the Superintendent search. Dr. Fossbender has agreed to stay on until November 1. The New Superintendent Search Committee has hired a new search firm. The Committee will be expanded and Mr. Simeonidis will represent the Board of Finance on the committee. Julie Pemberton, Region #9 Board of Education member, was in the audience and added that the search firm used previously is making a complete refund.
UPDATE ON TIF/GLDC
Mrs. Ketcham reported there was no new information or action regarding the TIF funding. The GLDC project is currently waiting for a decision from CT DOT on the phasing plan for the traffic intersections. Mrs. Ketcham added that she is working with the various planning agencies to look for additional funding for the project. Until the CT DOT makes a decision on the phasing plan, the project is not moving forward.
Board members suggested that the TIF update on future agendas include an update on GLDC, and suggested that Steven Soler be invited to attend the next meeting.
EXECUTIVE SESSION
Motion: move to executive session of a discussion of the Board of Selectmen’s recommendation for employee compensation for FY 2009-2010. DeSalvo, Guffey. Approved. Unanimous.
Mrs. Ketcham and Mr. Takacs were invited to be present.
The meeting recessed at 8:2 pm
RECONVENE
Chairman Alvarez reconvened the meeting in public session at 8:50 pm
Motion: Move that the Redding Board of Finance approve a transfer of $55,601 from FY 09-10 contingency to the salary and benefits line items.~ Dolan, DeSalvo.~ Approved, Unanimous.
ADJOURNMENT
Motion: move to adjourn. DeSalvo, Guffey. Approved. Unanimous.
The meeting was adjourned at 8:55 pm
Respectfully submitted,
Mary Maday, Recording Secretary
| 
