BOARD OF FINANCE MINUTES
AUGUST 29, 2005
Approved September 26, 2005
The meeting was called to order by Chairman Mooney at 7:30 p.m. Also present were Lorraine Young, Charles Shelton, Jr., Victor Cassella, Jeffrey Vailette and Kenneth Kaminsky. All present.
Also present were Selectmen Opie, Myjak and Kinney, Finance Director Jim Finch, Human Resources Director Bob Moore.
Chairman Mooney made a request to add two items to the agenda. To review the investment performance for the Town #5a and transfers from the Finance Director #11.
Mr. Cassella made the motion, seconded by Ms. Young to add the items to the agenda. The vote was unanimous.
1. Ms. Young made a motion, seconded by Mr. Shelton to approve the minutes of the June 27, 2005 Board of Finance meeting. The vote was unanimous.
2. The Board considered the Planning & Zoning’s request for the following transfers which were presented by Shirley Rasmussen, Town Planner.
Fiscal Year 2004-2005
From: 4113-413.10-00 Assistant Planner ($600)
To: 4113-413.33-07 Consulting 600
Fiscal Year 2005-2006
From: 4113-413.10-00 Assistant Planner ($3,900)
To: 4113-413.33-07 Consulting 3,900
Mr. Cassella made the motion, seconded by Mr. Kaminsky
RESOLVED: That the Board of Finance recommends to the RTM a transfer of $4,500 as requested by Planning & Zoning. The vote was unanimous.
3. The Board considered the Recreation Department’s request for the following transfer which was presented by Alex Palluzzi, Director.
Fiscal Year 2004-2005
From: 4501-451.10-90 Overtime ($3,000)
To: 4501-451.40-03 Grounds 3,000
Mr. Cassella made the motion, seconded by Mr. Shelton.
RESOLVED: That the Board of Finance recommends to the RTM a transfer of $3,000 as requested by the Recreation Department. The vote was unanimous.
4. The Board considered the Water Pollution Control Plant’s request for the following transfers which were presented by Finance Director, Jim Finch.
Fiscal Year 2004-2005
From: 4303-433.61-02 Chlorine & Chemicals ($1,400)
To: 4303-433.42-07 Natural Gas 1,400
From: 4303-433.61-02 Chlorine & Chemicals ($2,400)
To: 4303-433.42-01 Telephone 2,400
From: 4303-433.10-90 Overtime ($9,882)
4303-433.33-11 Pump out services ( 8,628)
4303-433.33-33 Sludge Disposal ( 3,488)
4303-433.41-03 Equipment R&M (21,591)
4303-433.41-11 Sewer Line R&M (12,481)
4303-433.42-02 Electricity (7,860)
To: 4303-433.95-06 Fund 336 Sewer Reserve $63,930
Mr. Cassella made the motion, seconded by Mr. Kaminsky.
RESOLVED: That the Board of Finance recommends to the RTM a transfer of $67,730 as requested by the Water Pollution Control Board. The vote was unanimous.
5. The Board considered the General Government Buildings’ request for the following transfers which were presented by Finance Director Jim Finch.
Fiscal Year 2004-2005
From: 4117-417.40-01 R&M ($10,000)
To: 4117-417.10-90 Overtime 10,000
From: 4117-417.70-79 Carpet Machine ($ 680)
To: 4117-417.61-01 Operating Supplies 680
Mr. Cassella made the motion, seconded by Mr. Vailette.
RESOLVED: That the Board of Finance recommends to the RTM a transfer of $10,680 as requested by General Government Buildings. The vote was unanimous.
5a. The Board review the 2nd quarter performance evaluation for the Town of Branford
Police/Volunteer Firemen which was presented by Michael Lepore Financial Advisor for Wachovia Securities and Charles Andriole and Rob DeLucca Investment Consultants with Merrill Lynch. Discussion followed. Chairman Mooney thanked them for their presentation.
6. The Board considered the Human Resources’ request for the following transfers which were presented by Bob Moore, Director.
Fiscal Year 2004-2005 – Insurance/contribution
From: 4902- 492.20-09 Health Insurance Premiums ($3500.00)
Total ($3500.00)
To: 4901-491.20-17 Unemployment Compensation $3500.00
Total $3500.00
Mr. Vailette made the motion, seconded by Mr. Cassella.
Fiscal Year 2005-2006 – Water Pollution control
From: 4904-494.59-13 Contingency ($18,261.00)
Total ($18.261.00)
To: 4303-433.10-00 Salaries $15,861.00
4303-433.10-90 Overtime $2,400.00
Total $18,261.00
Mr. Cassella made the motion, seconded by Mr. Vailette
Fiscal Year 2004-2005 – Animal Shelter
From: 4206- 426.10-00 Salaries And Wages ($6,391.00)
4206- 426.33-25 Veterinary Services ($3,070.00) 4206-426.61-07 Dog Food ($3,244.00) $12,705.00)
Mr. Shelton made the motion, seconded by Mr. Kaminsky.
Resolved: that the Board of Finance recommends to the RTM a transfer of $34,466 as requested by Human Resources. The vote was unanimous.
7. The Board reviewed the new contract proposed between Deputy Chief DeCarlo and the Town which was presented by Commissioner McGuigan, and Chief Gill. Discussion followed. No action taken. Chairman Mooney thanked them for their presentation..
8. The Board considered the Police Commissioners’ request for the following transfers which were presented by Chief Gill and Commissioner McGuigan.
Fiscal Year 2004-2005
From Account # Description Request Amount To Account # Description Amount
101-4201-421.10-00 Salary & Wages $18,469.00 101-4201-421.10-05 Clerical $198.00
101-4201-421.10-00 Overtime $16,356.00
101-4201-421.10-36 School Guards $1,891.00
101-4201-421.10-38 Shift Differential $24.00
Total: $18,469.00 Total: $18,469.00
From Account # Description Request Amount To Account # Description Amount
101-4201-421.10-93 Sick $4,610.00 101-4201-421.40-01 Building R&M $153.00
101-4201-421.41-01 Service Contracts $2,000.00 101-4201-421.41-07 Parts $2,708.00
Water & Gas $731.00
Gasoline $2,656.00
Mem. & Meetings $12.00
Education $55.00
Uniforms & Cloth. $78.00
Operating Suppl. $217.00
Total: $6,610.00 Total: $6,610.00
From: 4201-421.10-00 Salary & Wages ($l,516)
To: 4201-421.42-02 Electric 1,516
Mr. Cassella made the motion, seconded by Mr. Vailette.
RESOLVED: That the Board of Finance recommends to the RTM a transfer of $26,595 as requested by the Police Commission. The vote was unanimous.
9. To consider the Fire Commission’s request for the following transfers which were presented by Chief Ahern.
Fiscal Year 2004-2005
From To
Account # Account#
4204-424.10-00 Salary $43,600.00 4204.424.10-90 Overtime $16,366.00
4204-424.10-38 Special Detail $190.00 4204.424.10-93 Sick $43,451.00
4204-424.10-44 Medic Shifts $8,300.00 4204.424.10-95 Stipends $1,000.00
4204-424.10-47 Utility Shifts $1,200.00 4204.424.13-00 Longevity $1,885.00
4204-424.10-92 Holiday $1,412.00
4204-424.58-07 On-Call $8,000.00
Total $62,702.00 Total $62,702.00
From To
Account # Account #
4204.424.41-03 Equip R&M $13,870.00 4204.424.32-01 Physicals $5,561.00
4204.424.41.09 Replace Equip $2,390.00 4204.424.33-03 Amb Billing $15,169.00
4204.424.70-93 Medical Equip $2,750.00 4204.424.41-01 Service Contracts $709.00
4204.424.58-04 Fire Prevention $2,900.00 4204.424.42-06 Marine Fuel $160.00
4204.424.61-01 Operating Supp $204.00 4204.424.54-01 Membership $320.00
4204.424.58-02 Uniforms $195.00
Total $22,114.00 Total $22,114.00
Mr. Cassella made the motion, seconded by Ms. Young.
RESOLVED: That the Board of Finance recommends to the RTM a transfer of $84,816 as requested by the Fire Commissioners. The vote was unanimous.
10. The Board considered the Finance Director’s request for the following transfers which were presented by Jim Finch, Finance Director.
Fiscal Year 2004-2005
Debt Service
From
4702-472-91-17 1997 School Bond (351,800)
4904-494-59-13 Contingency (25,638)
(377,438)
To:
4701-471-90-22 7.860 Refunding Bonds 75,000
4701-471-91-01 1991 School Bonds 29,429
4702-472-91-23 7.860 Refunding Bonds 273,009
377,438
Capital Projects
From
4904-494-59-13 Contingency (1,000)
To:
5000-500-70-77 Town Technology 1,000
Pensions and Contributions
From
4904-494-59-13 Contingency (1,000)
To:
4901-491-20-14 Retirement Municipal Employees 1,000
Mr. Cassella made a motion, seconded by Mr. Shelton.
RESOLVED: That the Board of Finance recommends to the RTM a transfer of $379,438 as requested by the Finance Director. The vote was unanimous.
11. The Board considered the Finance Director’s request for the following transfers which were presented by Jim Finch, Director.
Fiscal Year 2004-2005
From: 4301-431.10-00 Salaries ($13,816)
To: 4301-431.42-05 Gasoline 11,769
4301-431.42-10 Utilities 2,047
From 4104-404.62-01 Postage ($ 358)
To: 4118-418.33-08 Subcontracting 358
From: 4810-481.10-78 Certified Salaries ($9,200)
4810-481.10-79 Classified Salaries ( 9,000)
To: 4810-481.33-27 Professional Services $18,200
Mr. Cassella made a motion, seconded by Ms. Young.
RESOLVED: that the Board of Finance recommends to the RTM a transfer of $32,374 as requested by the Finance Director. The vote was unanimous.
Ms Young made the motion, seconded by Mr. Kaminsky to adjourn the meeting at 9:35 p.m. The vote was unanimous.
August 31, 2005
Respectfully submitted,
Georgette A. Laske, Clerk
Board of Finance
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