Meeting Details

Meeting Name: Finance Committee Agenda status: Final
Meeting date/time: 4/1/2026 5:00 PM Minutes status: Final  
Meeting location: Town Hall Annex Building - Hybrid Format
Regular Meeting
Published agenda: Agenda Agenda Accessible Agenda Accessible Agenda Published minutes: Minutes Minutes Accessible Minutes Accessible Minutes  
Agenda packet: Agenda Packet Agenda Packet
Meeting video:  
Attachments:
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
26-0285 1  MinutesMOTION to approve the Finance Committee Minutes as follows: · Regular Meeting Minutes February 4, 2026 · Budget Work Session Minutes March 5, 2026 · Budget Work Session Minutes March 9, 2026 · Budget Work Session Minutes March 12, 2026 · Regular Meeting Minutes March 18, 2026 · Budget Work Session Minutes March 19, 2026 (defer to May 6, 2026 meeting)   Action details Not available
25-2269 1Vi. ReportFinance Director’s Report - Fiscal Year 2025-2026Continue  Action details Not available
25-2270 1VII. ReportFinancial Reports - Fiscal Year 2025-2026Continue  Action details Not available
26-0433 21. Financial Business Request (FBR)MOTION to authorize the purchase of Fire Apparatus in the amount of $1,173,066 from Marion Body Works, Inc with funding from Account # 21020401-54325 (Fire Apparatus).Recommended for ApprovalPass Action details Not available
26-0432 12. Financial Business Request (FBR)MOTION to appropriate $73,782.83 of proceeds received from the sale of 528 Colonel Ledyard Highway to Capital Account #21014301-53306 (Land Use - P & Z Document Updates).)Recommended for ApprovalPass Action details Not available
26-0458 13. GrantMOTION to authorize the Mayor to sign a Commitment to Fund a Local Transportation Capital Improvement Program (LOTCIP) grant in the amount of $3,224,800 for the Replacement of the Lantern Hill Road Bridge #71009.Recommended for ApprovalPass Action details Not available
26-0353 11. Financial Business Request (FBR)“MOTION TO ADOPT A FISCAL YEAR 2026/2027 BUDGET AS PROPOSED BY THE TOWN COUNCIL IN THE AMOUNT OF $73,555,506” (General Government: $31,698,171 Board of Education: $41,857,335).Continue  Action details Not available
22-777 42. Financial Business Request (FBR)Discussion regarding potential uses for the funding received from the National Opioid Settlement Payments.No Action   Action details Not available
25-1801 13. General DiscussionDiscussion scheduling Regular Quarterly Joint Finance Committee Meetings between the Town Council and Board of Education.No Action   Action details Not available
24-0828 14. General DiscussionContinued discussion regarding upcoming potential Grant Opportunities.Continue  Action details Not available
26-0397 15. General DiscussionReview and discuss the following Reports: · Committee to Review the Budget Process Report dated October 31, 2023 · Committee To Transform The Budget Process Report dated October 3, 2016No Action   Action details Not available