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Board of Finance 3/20/2024

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  • Minutes

    01:14

    a. Minutes of February 14, 2024 – CIP & Unfinished Budget Related Items Special Meeting b. Minutes of February 21, 2024 – BOF Regular Meeting c. Minutes of February 23, 2024 – BOF Recommends Budget to Town Council Special Meeting

  • Reports

    02:18

    a. Fiducient Report - February 2024 (Chris Kachmar, Fiducient Advisors) b. Pension Report - January 2024

  • Month End Investments

    39:37

    January 2024

  • Financial Summary (Expenditures) for 8 months

    43:19

    February 2024

  • Capital Projects

    44:48

    February 2024

  • Self Insurance Reserve Fund

    45:55

    February 2024

  • Transfers Approved by Town Manager Since Last Meeting

    46:44

    a. $1,900 Assessor – Just Appraised software implementation b. $3,600 Sewer Operating– Increase two blanket POs for Polymer and lab filters c. $2,500 Revenue Collection – Purchase new currency counter/discriminator

  • Action: Transfers over $5,000

    47:20

    a. Discussion on need to increase the appropriation of the Main Street Reconstruction project so it aligns with the grant funds with possible action on: o Motion to approve and recommend to the Town Council a $1,313,532 transfer from the Capital Reserve Fund Balance to the capital project “Main Street Reconstruction” to align with the total LOTCIP grant funding received.

  • Audit Review Meeting

    48:38

    (review of March 4, 2024 meeting)

  • Bank Collateralization Reports

    49:33

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