Public Comment Session 00:00:04

Minutes 00:00:10

Minutes of April 19, 2023

Discussion with Chris Kachmar of Fiducient Advisors 00:00:28

a. Allocation of FY 2024 Town Pension Contribution of $10.35 million. b. Asset allocation alternatives to Hybrid Pension Plan.

Pension Report March 2023 00:36:30

Month End Investments - March 2023 00:37:38

Financial Summary (Expenditures) 00:40:37

Financial Summary (Expenditures) for 10 Months - April 2023

Capital Projects 00:45:36

April 2023

Self Insurance Reserve Fund 00:48:33

April 2023

Transfers Approved by Town Manager Since Last Meeting 00:50:37

a. $2,000 Town Manager – Mitigation for 131 Griswold Street b. $235 Community Development – FoxIt License for Director c. $5,000 Riverfront Park – Dock Installation d. $1,900 Police – Development Course for Command Officer e. $1,500 CIP - Open Space Woodland Management Plan Project f. $235 Community Development – FoxIt License for Town Planner g. $1,000 Community Development – Office Supplies Increase h. $3,000 IT – Cabling Services for remainder of fiscal year i. $1,410 Parks & Rec – Inflation costs for upgrade to Ford F-350

Transfers over $5,000 00:51:40

a. $80,000 – CIP Gideon Welles Boiler Project b. $11,000 – CIP Welles Turner Library Renovation Project c. $36,613 IT – Equipment purchases that were eliminated in Proposed FY 2024 budget

Recommend the transfer of certain uncollected taxes to the Suspense Tax Book 00:54:45