Board of Finance Regular Meeting Agenda (linked)

PHONE: 860-442-0553
FIETEEN ROPE FERRY ROAD
www.waterfordct.org
WATEREORD, CT 06385-2886
BOARD OF FINANCE
AGENDA
HRY €1 190 0202
Waterford Town Hall October 142020 Z
Zoom Meeting Rev #1 7:00 pm
Topic: Board of Finance Meeting
Time: Oct 14, 2020 07:00 PM Eastern Time (US and Canada)
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1. Establishment of a quorum and call to order.
2. Public Comment.
3. Approval and acceptance of minutes from the Board of Finance Regular Meeting on
- September 9, 2020.

Board of Finance Meeting
October 14, 2020 — 7:00 pm
Page 2, Revision #1
4. To consider and act on a request from, the Board of Selectmen, on behalf of Kimberly
Allen, Finance Director, Town of Waterford, for an FY20 Out of Series Transfers as
follows:
Account | Description Approved | Current Account Account Revised
Budget Available | Increase Decrease Available
Amount Budget Budget
Amount Amount
10110- | Office 730.00 (10.96) 12.00 1.04
54060 Equipment
10110- Inspection | 272,147.00 | 38,445.60 (12.00) 38,433.60
51120
10101- | Other Supplies 150.00 (874.79) | 876.00 1.21
53020
10101- | Advertising 200.00 200.00 . (200.00) 0.00
52010
10101- | Reimbursable 480.00 210.10 (210.00) 01
52070 Expense
10101- | Service 1,582.00 184.22 (184.00) 0.22
52040 Contracts
10101- | Dues, 150.00 150.00 (150.00) 0.00
52050 Conferences
10101- | Clerical & 150.00 96.00 (96.00) 0.00
51210 | Technical
10101- | Fuels & 1,000.00 51.32, (36.00) 15.32
53090 Lubricants
Total 888.00 | (888.00)

Board of Finance Meeting
October 14, 2020 —- 7:00 pm
Page 3, Revision #1
Account | Description Approved | Current Account Account Revised
Budget Available | Increase Decrease Available
Amount Budget Budget
Amount Amount
10109- | Rental 27,000.00 | (659.00) | 660.00 1.00
52510 Equipment
10109- | Election 1,000.00 509.24 (500.00) 9.24
53280 Materials
10109- | Ordinances 1,850.00 228.86 (160.00) 68.86
53270
10122- | Service 45,524.00 | (139.58) | 141.00 1.42
52040 Contracts
10122- | Telephone 27,627.00 | (26.50) 28.00 1.50
52080
10122- | Electricity 38,316.00 | (13.15) 14.00 0.85
51200
10122- | Generator 5,702.00 (764.04) | 765.00 0.96
52415 Maintenance
10122- | Administration | 10,000.00 | 7,364.22 (948.00) 6,416.22
51110 Total 1,608.00 (1,608.00)
*Revised to reflect line items # 10116-51949 and #10116-51930 as they do not need to
be approved by the Board of Finance — only the Board of Selectmen.
Account | Description Approved Current Account Account Revised
Budget Available | Increase Decrease Available
Amount Budget Budget
Amount Amount
10129- | Patrol 3,212,166.00 | (2,002.76) | 2,004.00 1.24
51420
10129- | Electricity 52,979.00 (38.21) 39.00 0.79
52100
10129- | Training 59,200.00 5,880.51 (2,043.00) | 3,837.51
52300 Education
10143- | Clerical & 300.00 (103.77) 105.00 1.23
51210 Technical
10143- | FICA 23.00 (7.30) 8.00 0.70
51920
10143- | Professional 300.00 300.00 (113.00) 187.00
52030 FeesTotal 2,156.00 (2,156.00)

Board of Finance Meeting
October 14, 2020 — 7:00 pm
Page 4, Revision #1
5.
To consider and act ona request from, the Board of Selectmen, on behalf of Dave Campo,
Town Clerk, Town of Waterford, for an FY21 Out of Series Transfer as follows:
Account | Description Approved | Current Account Account Revised
Budget Available | Increase Decrease Available
Amount | Budget Budget
Amount Amount
10121- | Contingency 265,000 | 265,000 (5,593) 259,407
59010
10109- | Clerical/Technical | 51,720 51,720 2,800 54,520
51210
10109- | Overtime 100 100 1,782 1,882
51810
10109- | FICA 16,527 16,527 352 _| 16,879
51920
10109- | Postage 2,900 2,900 4,550 7,450
52020
10109- | Election Supplies | 1,400 1,400 2,474 3,874
53280
10109- | Office Supplies 1 1 756 757
53010
State Grant (7,121) (7,121)
Total 5,593 (5,593)
*Revised to reflect line item #10139-56028 Debt Service was added due to clerical error
and replaced with line item #10109-53010 Office Supplies.
To consider and act on a request from Kimberly Allen, Finance Director, Town of
Waterford, to approve funding for Non-budgeted MUNIS analysis in the amount of
$5,775.00.
Liaison Reports.
Old Business.
New Business.
Report from Alan Wilensky, Tax Collector, Town of Waterford to give the status of tax
collections in the town since the October 1* deadline.

Board of Finance Meeting
October 14, 2020 — 7:00 pm
Page 5, Revision #1
10. Correspondence:
a. Virginia Bielucki, Accountant, Town of Waterford: Periodic Financial Statements
consisting of General Fund Statement of Revenues and Statement of
Expenditures, Fleet Management State of Revenues and Expenditures, Capital and
Non-recurring Fund Statement of Fund Balance Designations and Appropriations,
Capital Improvement Fund Expenditures, Capital Project Funds Expenditures,.
Contributed Gifts Fund Balances, Insurance Administration Fund Balance Sheet
b. Virginia Bielucki, Accountant, Town of Waterford: Status of General Fund
Unassigned Balance.
c. Status of Contingency Fiscal Year 2020.
d. Status of Contingency Fiscal Year 2021.
11. Adjournment
Ronald Fedor
‘Chairman