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Board of Finance approves 2025 meeting schedule, forms subcommittees on registrar stipend and upcoming audit RFP

Board of Finance · November 18, 2024
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Summary

The board approved its 2025 meeting schedule, confirmed a subcommittee to examine a registrar stipend (membership named in discussion), and opened an RFP for audit services with a three‑member subcommittee to review bids.

The Board of Finance approved its 2025 meeting schedule, including dates for regular meetings and budget presentations, and noted expected calendar conflicts around Martin Luther King Day and February budget hearings.

Under old business the chair reported forming a small subcommittee to study a proposed registrar/voters stipend; the chair said the subcommittee will include Jonathan Trada and Veronica Wallace and that the group will meet after Thanksgiving to request additional information from the registrar.

On new business staff noted the town’s five‑year audit contract with CLA ended June 30, 2024 and that an RFP for audit services will go out in December with returns expected early in 2025. The chair asked for three volunteers to serve on the RFP review subcommittee; two members volunteered during the meeting (Megan and Jeff), and the chair indicated the subcommittee would be composed of Mr. Hartman, Mr. Bey and an additional member to be confirmed.

Why it matters: The schedule approval sets the calendar for budget deliberations and public input; the registrar stipend subcommittee will gather information needed before the board considers compensation changes; the audit‑RFP subcommittee will oversee solicitation of audit bids required by municipal rules.

Next steps: The registrar‑stipend subcommittee will request information from the registrar and schedule a meeting; the audit RFP will be finalized and posted in December with a subcommittee charged to review returned bids in early 2025.