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Finance Committee Minutes 1/21/2010
Town of Tolland
Finance Committee
Meeting Minutes
January 21, 2010

Attendance: Mira Munson, Ralph Ledger, Ted Locke, Margaret McClellan, and Kathy Paarzych.  

The meeting was called to order by its Chair, Ralph Ledger at 6:55 P. M.

The Town expenditure report as of 1/21/09 was passed out by Margaret and the Committee reviewed overages that seemed out of line at this point in time.  The few overages were explained by Margaret to the satisfaction of the Committee.

Ted reported that at present the school budget for 2009 – 2010 showed a 2.7% increase. The school committee however, is working toward building a level funded budget.  They are waiting for the state to come up with their minimum contribution levels and for final information on reimbursement levels etc. before they can proceed much further.

Ralph said the purpose for this meeting was for the Committee to decide what they wanted to share with department heads for the all departments meeting on January 26.  The Finance Committee decided to ask all department heads to level fund their budgets at the moment but be prepared to make further cuts if funds from the state to the town are reduced for 2010 –2011.  Margaret is passing out budget sheets at the meeting to be returned by February 16, 2010.  

The Committee then scheduled its next meeting for February 17, 2010 at 10:00 A.M. in order to review the returned budget sheets.

The meeting was adjourned at 8:00 P.M.

Respectfully submitted,

Mira K. Munson, Secretary

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