Town of East Hampton
Board of Finance Meeting
Tuesday, January 22, 2013
East Hampton Town Hall Meeting Room
Unapproved Minutes
Present: Timothy Csere, Mary Ann Dostaler, Ted Turner, Tom O’Brien, David Monighetti, Patience
Anderson and Matthew Walton.
Member(s) Absent:
Other attendee(s): Jeffery M. Jylkka, Director of Finance
1-2. Chairman Walton called the meeting to order at 7:02 p.m. followed by the Pledge of
Allegiance.
3.
Approval of Minutes of Meeting(s).
a. December 17, 2012 – Ted Turner requested the following correction to #11c: WPCA
should be changed to Economic Development Commission.
Motion to approve the minutes with suggested correction: 6-Yes; 1-Abstain
4.
Public Remarks – None
5.
Correspondence – FY 2012 annual audit- Jeff Jylkka submitted the audit report and the Town
Council Budget statement.
6.
Special Presentations – None
7.
Status Reports (Financial)
a. 2012-2013 Revenues forecast - Jeff Jylkka provided an overview of the 2012-2013 revenue
forecast.
b.
2012-2013 Expenditures forecastexpenditure forecast.
Jeff Jylkka provided an overview of the 2012-2013
c. Quarterly investment report – Jeff Jylkka provided an overview of the quarterly investment
report.
8.
Financial Transactions- None
9.
Continued Business –
a.
b.
Capital Policy- Jeff Jylkka reported that the debt policy is still being worked on and that
there were people who have volunteered to work on the Capital Policy.
Fines/Penalties – Jeff Jylkka reported no update.
c. 2013-2014 Budget –Jeff Jylkka stated that he has been meeting with department heads in
preparation for the budget submission deadline on Thursday.
Mary Ann Dostaler spoke about her work on the Citizen Guide.
The budget meeting times and dates were discussed. Mary Ann Dostaler suggested joint
meetings of the Board of Finance, the Town Council and the Building Department to present
their budgets. Mary Ann Dostaler and Tim Csere suggested a Tri-board meeting for the Board
of Education.
10. New Business - A brief discussion took place about the High School building addition and
renovation project.
11. Liaison’s Reports
a) Town Council – Mary Ann Dostaler reported that the last meeting had a presentation by the
health director in regards to the fees for septic discharge permits.
b) Board of Education – Timothy Csere attended the last meeting and provided highlights.
c) WPCA – Ted Turner did not attend the last meeting.
d) Economic Development Commission- Dave Monighetti did not attend.
e) Lake/Conservation – Patience Anderson did not attend.
f) Fire Commissioners – Matthew Walton attended the meeting and reported that the Volunteer
Fire Department is close to rebidding on another truck.
g) Brownfields/Redevelopment – Mary Ann Dostaler reported that they will be meeting next
month and that they did not meet in December.
h) Parks & Rec. Advisory Board – Timothy Csere did not attend.
12. Public Remarks. None
13. Town Manager’s Report – None.
14. Adjournment
A motion was made by Timothy Csere , seconded by Dave Monighetti, to adjourn the meeting
at 8:26 p.m. Motion approved 7-0-0.
Respectfully submitted,
Christine Castonguay
Recording Secretary