NOTICE OF PUBLIC HEARING

The Board of Finance will hold its Public Hearing on Wednesday, January 4, 2012 at 8:00 p.m. in the Auditorium of Town Hall. The following item(s), and any others properly presented before the Board, will be considered:


AGENDA

Download Board Packet for this meeting [PDF]

DISCUSSION

1. Report from First Selectman on Hiring of New Actuarial Firm and Finance Director.

2. Financial Report from the Finance Director.

3. Status Update from the Internal Auditor – Railroad Parking.

TRANSFERS IN THE 2011-2012 BUDGET

4. A request by the Parks & Recreation Director for a transfer of $24,000 from the Golf Budget Account #10108832-511000 (Salaries) to the Golf Budget Account #10108832-513000 (Extra Help & Overtime) in order to use seasonal staff rather than filling a retired full-time position.

5. A request by the Parks & Recreation Director for a transfer of $24,000 from the Parks Maintenance Budget Account #10108831-511000 (Salaries)to the Parks Maintenance Budget Account #10108831-513000 (Extra Help & Overtime) in order to use seasonal staff rather than filling a retired full-time position.

APPROPRIATIONS IN THE 2011-2012 BUDGET

6. A request by the Parks and Recreation Director for an appropriation of $19,734 from the Wakeman Town Farm Special Revenue Fund to various Wakeman Town Farm budgetary accounts for the operation of the Wakeman Town Farm for the balance of the 2011-12 fiscal year.

7. A request by the Public Works Director for an appropriation of $320,750 to the Capital & Nonrecurring Expenditure Fund (C&NEF) Account (Repairs: Hurricane Irene) to fund various repair projects resulting from Hurricane Irene damages (75% reimbursable by FEMA).

REVIEW

8. Review and recommend the issuance of refunding bonds as outlined by the Finance Department.

COMMITTEE REPORTS

9. Reports from Board of Finance Subcommittee Chairs.

APPROVAL OF MINUTES

10. Approve the Board of Finance Minutes of the December 7, 2011 regular meeting.

CALENDAR REVIEW

11. Review the proposed BOF calendar for 2012.