Minutes of Regular Meeting on March 19th, 2009

Present Y- N

Regular Members;

Y

Anne Ingvertsen

Y

Earl Brecher

Y

Celia Senzer

N

Sally Hart

Y

Ralph Gold

Y

Tom Bechtle

Alternates;

Others;

Y

John LaPorta

Y

Barbara Herbst, Board Clerk

Y

Jack Preston

Y

Gordon Rigeway, First Selectman

Y

Richard Bramley and K. C. Baird, Selectmen

Y

Cornwall BOE members

Call to Order:

7:32 p.m.

Chairman:

Asked jack Preston to sit in for Sally Hart

Additions to the

None

Agenda

The Chairman welcomed the BOE members to the meeting and inquired about their presence.

Since there are no additions to the agenda and the BOE is not listed on the agenda, he wanted to

make sure that they were not in attendance unnecessarily. Barbara Gold said that on the schedule

of Budget Meetings, March 19th was listed with an indication that both the BOS and BOE

be present to hear BOF reactions and to discuss the need for any changes.

The Chairman asked the members of the BOF if they had any reactions for the BOE. Brief discussion

ensued and the Chairman reported that at this time the BOE budget was acceptable as presented.

BOE members took leave of the meeting at that time.

Minutes:

February 19th, 2009 minutes were mailed to all members.

All reported reading the minutes.

Motion:

Earl Brecher

Made a motion to approve the minutes as presented

Tom Bechtle

Seconded

Chairman

Asked for any discussion

Motion passed unanimously.

Minutes:

January 26th, 2009 telephone poll minutes were mailed to all members.

All reported reading the minutes.

Motion:

Earl Brecher

Made a motion to approve the minutes as presented

Tom Bechtle

Seconded

Chairman

Asked for any discussion

Motion passed unanimously.

Reports of Boards

Board of Selectmen - First Selectman Gordon M. Ridgway

and Commissions:

A copy of the Selectmen's proposed income budget was distributed to all persons

present. State Grant revenue is projected to be reduced by 18.02%, Town revenue is

projected to be reduced by 11.14%.

Payments in lieu of taxes will increase by 10,000 subsequent to a negotiation between the

Town and Trinity Conference Center. A 10 Mil property payment that had been negotiated to be

received over 6 years will increase by 10,000 as well for 2010.

Proposal is to use 200,000 of Undesignated Fund Balance and keep the Mil rate flat at 12.049 Mils.

The BOS are pursuing a change in the Health Insurance by switching to an alternative product

offered by Anthem Blue Cross called Luminous. Luminous is a Health Savings Account plan.

Discussion:

A brief discussion ensued, board members were discussing the undesignated fund balance and

the municipal reserve.

First Selectman Ridgway announced that the Town of Cornwall has been named as a beneficiary

in the Last Will and Testament of long time resident Judy Gates. The bequest is for a 1/4 share

of the estate which at this time is estimated to be $200,000 (two hundred thousand dollars) plus or

minus. The bequest states that the funds are for "General Purposes of the Town of Cornwall"

The Selectmen have been discussing investment options and are inclined to invest the funds

on an indefinite basis which will leave opportunities to revisit the initial decision and possibly modify it

if the needs of the Town warrant it. Subsequent to the investment of the funds, a line would be

created in the Town Budget to receive the investment proceeds annually.

The Town attorney has been contacted for information on the correct procedures of accepting

this generous gift.

Transfers:

Three

Number

# 3

$20,000 (Twenty thousand dollars) to HWY Snow Removal # 01-62050 from Capital Projects,

Road Improvements # 02-49092815 to facilitate balancing the expenditures in this line to the

budgeted amount. Unanticipated expense resulting from 26 snowstorms of 1" of snow or more

and three ice storms have put this line over budget. There are no previous transfers into

this line this FY, budgeted amount was 70,000, current expenditures are $109,670.

Current available balance in the Capital Projects, Road Improvements line is $141,182

Number

# 4

$20,000 (Twenty thousand dollars) to HWY Snow Removal # 01-62050 from Contingency # 01-10000

to facilitate balancing the expenditures in this line to the budgeted amount. Unanticipated expense

resulting from 26 snowstorms of 1" of snow or more and three ice storms have put this line over budget.

There is one previous transfers into this line this FY of 20,000 - budgeted amount was 70,000, current

expenditures are 109,670. Current available balance in the Contingency line # 01-10000 is 30,000

This will be the first request of funds from this line in this fiscal year, 2009

Number

# 5

$5,000 (Five thousand dollars) to HWY Vehicle Maintenance from Contingency # 01-10000

expenditures in this line to date are $31,335. Amount budgeted for this line was 30,000.

Road sweeping and side of road mowing to commence soon. Expenditures in this line

are a direct reflection of the 29 weather systems this winter season. Current available balance

in the Contingency line # 01-10000 (after transfer #4) is 10,000, this will be the second request

of funds from this line in this fiscal year, 2009

The Chairman read the budget transfers and noted that Number #3 and Number #4 will need

to be recommended to the Town at a Town Meeting for approval.

Motion:

Earl Brecher made a motion to recommend approval of transfer # 3 and #4 to

the town of Cornwall at the next Town Meeting.

Tom Bechtle seconded the motion

Chairman

Asked for any discussion, none ensued

Motion passed unanimously.

Motion:

Tom Bechtle

made the motion to approve transfer #5 as presented

Earl Brecher seconded the motion

Chairman

Asked for any discussion, none ensued

Motion passed unanimously.

Adjournment:

8:00 p.m.

Motion:

Jack Preston made a motion to adjourn

Celia Senzer seconded

Motion passed unanimously.

Respectfully Submitted:

Barbara Herbst

Board Clerk