TOWN OF GRANBY
BOARD OF FINANCE
MEETING MINUTES
SEPTEMBER 11, 2006
PRESENT: Michael Guarco, Chairman; Gordon Bischoff, Al Wilke, Francis Brady, Scott Kuhnly, and Frederick Moffa, O.D.
OTHER ATTENDEES: Gwen Van Dorp, Superintendent of Schools; Harry Traver, BOE Business Manager
The meeting of the Board of Finance was called to order by Chairman Michael Guarco at 7:30 p.m.
MINUTES
The Board reviewed the minutes of June 19, 2006.
On a MOTION by Gordon Bischoff, seconded by Scott Kuhnly, the Board voted unanimously (6-0-0) to approve the minutes of June 19, 2006.
STATEMENT OF ACCOUNTS
Harry Traver, BOE Business Manager, distributed the Board of Education Financial Statement Account for July 1, 2006 – August 31, 2006 and a document entitled “Projected Retiree Severance Cost for discussion. The Financial Statement of Accounts June 30, 2006 before transfers was distributed earlier. He indicated the Board of Education would be returning approximately $66,026 to the General Fund, which includes the SDE excess cost reimbursement of $50,086. A number of transfers to reflect actual hiring were indicated on an attachment to the Financial Statement Accounts – July 1, 2006 – August 31, 2006
Chairman Guarco indicated that June (unaudited), July and August Town Budget Operations Report were provided to them for their review. Since the Town Manager was unable to attend this meeting, any questions should be brought back at the next meeting. A memo outlining State Revenues for Fiscal Year 2006-07, from Town Manager Smith, provided additional information. It appears that we may receive a small amount of additional money from the state; more than was budgeted.
FINANCE BOARD COMMITTEE UPDATES
Chairman Guarco asked for a commitment from his board members to serve as liaisons for attendance at the Board of Education and Granby Education Association contract negotiations. Scott Kuhnly and Frederick Moffa volunteered. The schedule is Thursday nights until November with a few other meetings designated on September 27th and October 17th.
Gordon Bischoff gave an update of the Capital Program Priority Advisory Committee (CPPAC). CPPAC has received the 2006 submissions. An informal study sub-committee was formed to review the priority submission pertaining to the Pond House, Athletic Fields, Maintenance Facilities, and Public Works. It is hoped that each piece of the project will build on each other’s project submission. This sub-committee will make no decisions and will report back to CPPAC and the operating boards upon obtaining all pertinent information. No future meeting is scheduled for CPPAC at this time.
CONFIRM DATE OF NEXT MEETING
The next meeting of the Board of Finance falls on Tuesday, October 10, 2006 because of the legal holiday on Monday, October 9th. However, since some board members are unable to attend on October 10th; Chairman Guarco will call for a special meeting for October 16, 2006 at 7:30 p.m. in the Police Department Community Room.
OTHER
At 8:40 p.m. Mr. Kuhnly requested a moment of silence in honor of remembering the 5th anniversary of the 911 terrorist attacks.
ADJOURNMENT
On a MOTION by Scott Kuhnly, seconded by Gordon Bischoff, the Board voted unanimously (6-0-0) to adjourn the meeting at 8:46 p.m.
Respectfully submitted,
Patricia I. Chieski
Recording Secretary
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