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, August 7, 2013 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.
3. Police Contract Settlement Update from the Finance Director.
4. Update on Tree Warden hiring & RFP from the Director of Public Works.
5. Update on Longshore Golf and beach revenue from the Parks and Recreation Director.

APPROPRIATIONS IN THE 2013-2014 BUDGET

6. A request by the Parks & Recreation Director for an appropriation of $50,000 to the Capital and NonRecurring Expenditure Fund (C&NEF) Account for the development of a plan for site design and improvements to Compo Beach.

7. A request by the Public Works Director for an appropriation of $400,000 to the following Capital and NonRecurring Expenditure Fund (C&NEF) Accounts for culvert replacement:

a) $320,000-Sasco Creek Culvert Account

b) $80,000-Town Crier Culvert Account

TRANSFERS AND CARRYOVERS FROM 2012-2013 BUDGET TO 2013-2014 BUDGET

8. The Board will consider the following request(s) for transfers and carryover amounts of $50,000 or less.

a) See attached listing

9. The Board will consider the following request(s) for transfers and carryover amounts of $50,000 or more:
a) Account 10103322-569004 (Road Maintenance-Parking Lots) $71,484

b) Account 10103322-569009 (Road Materials-Overlay) $1,365,575
APPROVAL OF MINUTES

10. Approve the Board of Finance Minutes of the July 1, 2013 regular meeting.