WESTPORT CONNECTICUT
BOARD OF FINANCE

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NOTICE OF EXECUTIVE SESSION

The Board of Finance anticipates voting to go into Executive Session on Wednesday, July 11, 2012 at 7:00 P.M. in Room 309 of Town Hall to discuss real estate contract negotiations. No action will be taken.

NOTICE OF PUBLIC HEARING

The Board of Finance will hold its Public Hearing on Wednesday, July 11, 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

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 Human Services Director for a transfer of $250 from the Social Services Account #10105520-542000 (Equipment Maintenance & Operation) to the Senior Services Account #10105530-585000 (Education & Expenses) to cover unanticipated expenditures.

b) A request by the Town Clerk for a transfer of $1,000 from the Town Clerk Account #10101180-551000 (Advertising & Printing) to the Town Clerk Account #10101180-552000 (Postage) in order to cover shortfalls.

c) A request by the Conservation Director for a transfer of $1,000 from the Conservation Account #10101182-513002(Overtime), a $1,000 from the Conservation Account #10101182-561000 (Supplies) totaling $2,000 to the Conservation Account #10101182-531000 (Fees & Services) in order to cover shortfalls for payments of water quality sampling.

APPROPRIATIONS IN THE 2011-2012 BUDGET

4. A request by the Parks & Recreation Director for an appropriation of $16,862.22 to the Maintenance-Operation Gas Account #10108820-542032 due to account under budgeted.

5. A request by the Parks & Recreation Director for an appropriation of $32,199.59 to the Maintenance-Water Account #10108820-566400 due to account under budgeted.

6. A request by the Finance Director for an appropriation of $158,320, the breakdown shown on the attached schedule, for the DPW contract settlement.


APPROPRIATIONS IN THE 2012-2013 BUDGET

7. A request by the Finance Director for an appropriation of $166,625, the breakdown shown on the attached schedule, for the DPW contract settlement.

DISCUSSION
8. Discussion of Amendment to Article II, Chapter 54 of the Town Code, Tax Relief for Senior Citizens or Permanently and Totally Disabled Persons.

9. Discussion of a request by the Executive Director of the Levitt Pavilion for the Performing Arts for an appropriation of $6,700,000 (with bond and note authorization) to the Capital Account for the construction of the Levitt Pavilion. The Town of Westport’s portion will be $1,100,000. No action will be taken.

10. Discussion and recommendation of an equal area property exchange at the Longshore Club Park.

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

12. Discussion of three concession leases between the Town of Westport and Joseph C. Romeo Jr. for review and recommendation in accordance with Section C6-2 of the Westport Charter.

APPROVAL OF MINUTES
13. Approve the Board of Finance Minutes of the May 23, 2012 regular meeting.