In -Person: Council Chambers, Town Hall Annex Building
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CALL TO ORDER
ROLL CALL
RESIDENTS & PROPERTY OWNERS COMMENTS
PRESENTATIONS / INFORMATIONAL ITEMS
APPROVAL OF MINUTES
OLD BUSINESS
Discussion regarding potential uses for the funding received from the National Opioid Settlement Payments.
Continued discussion regarding upcoming potential Grant Opportunities.
Discussion scheduling Regular Quarterly Joint Finance Committee Meetings between the Town Council and Board of Education.
Any Old Business proper to come before the Committee.
NEW BUSINESS
MOTION 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)
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).)
Any New Business proper to come before the Committee
ADJOURNMENT
DISCLAIMER: Although we try to be timely and accurate these are not official records of the Town.
Finance Director’s Report - Fiscal Year 2025-2026
Financial Reports - Fiscal Year 2025-2026
Review 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, 2016
Discussion and possible action regarding the Fiscal Year 2026/2027 Budget.
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).
MOTION 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.
MOTION to amend the Agenda to add:
MOTION 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.
**ADD ON**
Agenda Item