Board of Finance

Minutes of the Regular Meeting of December 21, 2006

Present: Ralph C. Gold, Celia Senzer, Earl Brecher, Ann Ingvertsen, members. Ginger Betti, alternate. Gordon M. Ridgway, first selectman.

Ginger Betti was asked to sit for Sally Hart who was absent.

The minutes of the November 16 meeting were approved as presented.

Gordon Ridgway reported that there is hope for an increase in the state Town Aid funds for roads. A town meeting is planned to approve STEAP grants II and III. In response to a question, Gordon said that the amounts for economic development by the state to rural areas amounts to about 5% of what is spent for similar projects in urban areas.

Celia Senzer reported on the Board of Education meeting held earlier in the day. The budget relating of CCS will decrease owing to the smaller number of kids. The amounts requested for pupil services will be going up. The board agreed to ask Patricia Chamberlain, Sam Herrick and Theresa Terry to attend the January meeting.

Senzer moved and Betti seconded a motion to transfer in the General Fund as follows:

From: 01—466-100-00 Contingency $2,625

To Increase 01-465-705-85 Tax Refunds

The VOTE to approve was unanimous

Earl Brecher moved and Betti seconded a motion to transfer in the Capital Projects Fund as follows:

FROM 02-900-917-15 Highway Truck 8,000

TO Increase: 02-900-910-15 Highway Equipment

The VOTE to approved as unanimous

The meeting adjourned at 8:50 pm.

Lisa Lansing

Clerk