WESTPORT CONNECTICUT
BOARD OF FINANCE

NOTICE OF PUBLIC HEARING

Download Board Packet for this meeting [PDF]

The Board of Finance will hold its Public Hearing on Wednesday, May 23, 2012 at 8:00 p.m. in Room 201/201A of Town Hall. The following item(s), and any others properly presented before the Board, will be considered:

AGENDA

DISCUSSION/REVIEW
1. Financial Report from the Finance Director.
2. Status Update from the Internal Auditor.

TRANSFERS IN THE 2011-2012 BUDGET

3. The Board will consider the following request(s) for transfer amounts of $3,000 or less that have been approved by the First Selectman:

a) A request by the Conservation Director for a transfer of $200 from the Conservation Account #10101182-561000 (Supplies) to the Conservation Account #10101182-585000 (Education) in order to cover shortfalls.

b) A request by the Parks and Recreation Director for a transfer of $530 from the Parks and Recreation Account #10108832-549000(Rental Equipment), $395 from the Parks and Recreation Account #10108832-577000(Golf Equipment), $2,000 from the Parks and Recreation Account #10108832-562000(Maintenance Supplies) totaling $2,925 to the Parks and Recreation Account #10108832-542000(Golf Maintenance of Equipment) due to unanticipated equipment repairs.

4. A request by the Finance Director / Acting Personnel Director for a transfer of $16,000 from the Personnel Account #10101153-511000 (Full Time Salaries) to Personnel Account #10101153-513001 (Extra Help) for consulting services through year end for Randi Frank Consultants performing Human Resource analysis and compliance work (Personnel Handbook, HIPPA and FMLA Polices) in the Personnel Department .

5. A request by the Tax Collector pursuant to CGS § 12-165 for a transfer of $157,568.96 to the Suspense Tax Book representing uncollected motor vehicle and personal property tax accounts.

DETERMINATION OF TAX RATE

6. The Board will set the tax rate for Fiscal Year 2012-2013.

APPOINTMENT OF AUDITORS
7. The Board will appoint independent auditors for the fiscal year ending June 30, 2012.

DISCUSSION
8. Discussion of the Selectman’s Five-Year Capital Forecast. No action will be taken.

APPROVAL OF MINUTES
9. Approve the Board of Finance Minutes of the April 11, 2012 regular meeting.