Town of Rocky Hill

Board of Education

Finance Committee

September 16, 2004

Minutes of Meeting

 

 

A special meeting of the Finance Committee of the Rocky Hill Board of Education was held on Thursday, September 16, 2004, in the superintendent's conference room.  Present were:  Anne Schmidt, Neil Geldof, Francis Palazzolo, Nadine Bell, Director of Finance & Operations Gregory P. Turansky, and Supt. of Schools Dr. J. A. Camille Vautour.  The meeting was called to order at 8:05 a.m.

 

The budget charge and budget calendar to be used for the construction of the 2005-06 budget were discussed.  Changes suggested during the discussion were to be incorporated into a revised document to be approved by the full Board at a meeting scheduled for later the same day.

 

Mr. Turansky discussed the status of the Board’s health insurance plan.  Claims activity for July and August was reported as slightly below target and that monitoring by the Board’s agent, Mr. Lindberg, would continue.  It was also reported that Mr. Lindberg recommended that RFQs for future coverage be solicited in November so that a firm figure would be available in January for inclusion in the Board’s adopted budget.

 

Mr. Turansky reviewed a proposal received from Ricoh Business Systems regarding copiers located throughout the district.  Under the proposal Ricoh would install 18 new copiers in the district (replacing 16 unreliable machines) at no additional cost to the district.  Given the increased capacity and new technology that would be provided, Mr. Turansky recommended that the Board accept Ricoh’s 5-year lease proposal.

 

Mr. Turansky updated the committee on recent activity associated with the audit of the GMS construction project.  It was noted that construction change orders were retroactively approved by the State allowing non-reimbursable expenses to be reduced from $471,699 to $58,982 and that a final report on all audit items was expected soon.

 

The meeting adjourned at 9:00 a.m.

 

Respectfully submitted,

 

 

 

Gregory P. Turansky

Recording Secretary

 

 

APPROVED BY:  _____________________________                            

 

 

DATE:  ________________________