WESTPORT CONNECTICUT
BOARD OF FINANCE


NOTICE OF PUBLIC HEARING

Download Packet for this meeting [PDF]>>


The Board of Finance will hold its Public Hearing on Wednesday, May 20, 2015 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.


RECOMMENDATION
3. A request by the First Selectman, in accordance with Section C6-2 of the Town Charter, to recommend a renewal of the lease between the Town of Westport and Westport Community Theatre, Inc.


DETERMINATION OF TAX RATE
4. The Board will set the tax rate for Fiscal Year 2015-2016.


DISCUSSION
5. To discuss a lease option for the dump trucks approved for the Department of Public Works.
6. A request to do a debt refunding in an amount up to $10.0 million general obligation bonds.


TRANSFERS IN THE 2014-2015 BUDGET
7. A request by the Tax Collector pursuant to CGS § 12-165 for a transfer of $229,336.83 to the Suspense Tax Book representing uncollected motor vehicle and personal property tax accounts.
8. 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 Director of Planning and Zoning for a transfer of $450 from the Planning and Zoning Account #10101185-561000 (Supplies) to the Planning and Zoning  Account #10101185-543000 (Vehicle Maintenance/Fuel) to cover fuel and auto maintenance costs.


APPROPRIATIONS IN THE 2014-2015 BUDGET
9. A request by the Police Chief for an appropriation of $105,000 to the Railroad Parking Expense account (21002219-588000) to cover expenses incurred during the previous winter.
10. A request by the Police Chief for an appropriation of $17,000 from the Railroad Reserve Fund (29000000-300900) to Railroad Facilities Maintenance (21002219-545000) for reconstruction of the parking lot adjacent to Luciano Park.
11. A request by the First Selectman for an additional appropriation of $406,000 (above the already approved appropriation of $1,612,000) with bond and note authorization to the Municipal Improvement Fund (MIF) Account (30503330-500123-13002) (Bulkley Ave. N., Buttonwood La., Old Road, Mallard La., Forest Dr., Elizabeth Dr., Shadowlawn Dr.) to complete the construction of an extension of the public sanitary sewer system to service the neighborhoods.
12. A request by the Director of Public Works for an appropriation of $117,212 into the Sewer Collection System-Facility Maintenance account (22003331-545000) from the Sewer Reserve Account to provide for emergency repairs of the 18” Asbestos Cement Sanitary sewer located on Post Road East.
13. A request by the Director of Public Works for an appropriation of $120,000 from the Capital & Non Recurring Fund to cover the costs for the Saugatuck Island Bridge Replacement.
14. A request by the Director of Public Works for an appropriation of $428,375 to the Public Works Highway Division Account#10103320-588000 (Program Expenses) to cover expenses incurred during the previous winter.


APPROVAL OF MINUTES
15. Approve the Board of Finance Minutes of the April 1, 2015 regular meeting.