March 23, 2021

BOARD OF FINANCE REGULAR MEETING- March 23, 2021

The meeting was called to order by Board of Finance Chair Christopher Santucci at 7:04 pm.

Due to the COVID-19 Pandemic, the meeting was held both at the Town Hall and virtually, under the platform Zoom.

Members present: Christopher Santucci, Scott Mangold, Scott Crevier, Joe Cross, Erick Ponkala, and Chuck Singer. Also present First Selectman David Eaton.

The regular meeting minutes of February 16, 2021 were reviewed. A motion was made by Scott Mangold to approve the minutes. Erick Ponkala seconded the motion. The motion was carried.

The 2021-2022 budget was discussed.

Chris Santucci made a motion to support refinancing the school building debt from USDA to Jewett City Savings, resulting in a decrease of overall interest payments and total years of the loan. Joe Cross seconded the motion. All were in favor.

The town hearing regarding the 2021-2022 budget was set for April 20, 2021.

A motion was made by Joe Cross to adjourn at 7:43 pm. Scott Mangold seconded the motion. The motion was carried.

Respectfully,

 

Leanne Lake, Recording Secretary