BOARD OF FINANCE

NOTICE OF PUBLIC HEARING

The Board of Finance will hold its Public Hearing on Wednesday, December 5, 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:

SECOND REVISION TO AGENDA

DISCUSSION/REVIEW
1. Financial Report from the Finance Director.
2. Status Update from the Internal Auditor.
3. Road Paving update from the Public Works Director.

TRANSFERS IN THE 2012-2013 BUDGET

4a. A request by the Finance Director for a transfer of $1,182 from the Finance-Extra Help Account #10101151-513001, $3,318 from the Pension-Fees & Services Account #10109901-531000 totaling $4,500 to the Finance-Salaries Account #10101151-511000 to cover the makeup payment for the difference in the 401(k)/Defined Contribution Plan percentage match of 5% and the 7% that was approved in Finance Director’s contract.

4b. 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 request by the Director of Human Services for the following transfers:
1) A transfer of $2,500 from the Facility Maint.-Senior Services Account #10105530-545000 to the Fees and Services-Youth Services Account #10105510-531000.
2) A transfer of $1,500 from the Extra Help-Youth Services Account #10105510-513001 to the Fees and Services-Youth Services Account #10105510-531000.
3) A transfer of $1,000 from the Supplies-Youth Services Account #10105510-561000 to the Fees and Services-Youth Services Account #10105510-531000.

APPROPRIATIONS IN THE 2012-2013 BUDGET

5. A request by the Deer Management Committee for an appropriation of $6,100 to the Fees and Services-Selectman Account #10101120-531000 for an aerial survey of Westport’s deer population.

6. A request by the Library Director for an appropriation of $146,500 to the Capital & Nonrecurring Expenditure Fund (C&NEF) Account #31507750-500251(ILS) for purchase and installation of a new Integrated Library System.

7. A request by the Library Director for an appropriation of $112,500 to the Capital & Nonrecurring Expenditure Fund (C&NEF) Account #31507750-500252(RFID) for purchase and installation of a new Radio Frequency Identification System.

APPROVAL OF MINUTES
8. Approve the Board of Finance Minutes of the November 14, 2012 regular meeting.
9. Approve the Board of Finance Minutes of the November 28, 2012 special work session.

CALENDAR REVIEW

10. Review the proposed BOF calendar for 2013.