AGENDA
BOARD OF FINANCE
APRIL 29, 2020
IMMEDIATELY FOLLOWING BUDGET PUBLIC HEARING
VIA ZOOM ONLINE PLATFORM

Regular Session
1. Pledge of Allegiance 
2. Approval of minutes March 18, 2020 
3. Chairman’s comments
4. Citizen and Finance member comments

BUSINESS

5. Update on the MUNIS software implementation project. 

6. Discuss and take action to approve a Special Appropriation request in the amount of $65,000 from the Board of Education to fund the Public Schools / External Placements for Special Education Reserve Fund. 

7. Discuss and take action to approve Line Item Transfers totaling $33,959.75. 

8. Discuss and take action to approve the following Resolution: 

Be it resolved, that in support of the Board of Selectmen prior action on March 9, 2020 and on April 27, 2020, the Board of Finance hereby approves the Lease Modification and Extension Agreement, as modified by the Board of Selectmen, granting Our Lady of Mercy Preparatory Academy of Madison a one year extension of the existing lease of the former Island Avenue School, at an annual rent of $400,000, and an option to renew the lease for an additional year with Board of Selectman approval; and in accordance with the Governor’s Executive Order 7CC,  the Board hereby finds that such action is necessary to permit the orderly operation of the Town and that there is need to act immediately during the public health and civil preparedness emergency in order to prevent significant financial loss to the Town.

9. Discuss and take possible action on the FY 2020-2021 Budget. 

10. Review of Financials.

11. Citizen comments.

12. Liaison Reports and Report from First Selectman.

13. Adjourn.

Supporting Documents




The Town of Madison does not discriminate on the basis of disability, and the meeting facilities are ADA accessible.  Individuals who need assistance are invited to make their needs known by contacting the Town’s ADA/Human Resources Director Debra Milardo at 203.245.5603 or by email to milardod@madisonct.org at least five (5) business days prior to the meeting.