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Board of Finance presses for detail after board of education spends down surplus, BOE votes to seek RFP for internal-service review
Summary
Board of Finance members approved city performance reports but raised questions about early-year overtime spikes and a large June Board of Education expenditure; BOE had voted to proceed with an RFP described as a forensic audit of the internal-service (health insurance) fund.
The Torrington Board of Finance accepted city performance reports for fiscal-year closeout and early July figures on Aug. 19 but asked staff for follow-up on several anomalies, including higher-than-expected police overtime and a large month-end instructional-supplies transaction by the Board of Education.
Board members flagged police overtime for the first month of the fiscal year and noted other departments with early-year overtime and encumbrances that merit monitoring. Olivia, the comptroller, and Erica, the budget manager, said some line-item variances can be seasonal or result from encumbrances (approved purchase orders placed against prior-year…
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