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Nissequogue trustees approve budget reclassifications, refunds and LOSAP funding
Summary
The board approved several account transfers and refunds, adopted 2025/2026 budget reclassifications, authorized a $40,550.02 bond payment, and voted to fund a LOSAP contribution of up to $15,360 for 32 volunteer firefighters.
The Village of Nissequogue Board of Trustees approved multiple fiscal adjustments during its March 17 meeting, adopting 2025/2026 budget reclassifications and authorizing transfers and refunds recommended by the building inspector and the clerk-treasurer.
The board resolved to transfer $326.75 from the General Fund to the Vigiano Trust & Agency Account to correct a duplicate withdrawal, refund the Silver Oaks special-use permit account $71.95, refund the Izzo trust account $2,775.22, and refund the Greenlight CMPR account $4,729.85. The trustees also approved transferring $21,288.70 from the Knox/LI Smart Solutions Trust & Agency account back to the General Fund upon account replenishment and adopted budget reclassifications for 2025/2026 (Resolution #055-26). The board further authorized payment of the Fire Department Renovation Project bond principal and interest totaling $40,550.02, due on or before April 18, 2026 (Resolution #056-26).
On support for volunteer firefighters, the board voted to fund the BNB / LPL Financial Length of Service Award Plan (LOSAP) account in an amount up to $15,360.00, representing contributions for 32 members at $480 each for the period ending Dec. 31, 2025, subject to review and approval by Village Clerk-Treasurer Patricia Mulderig (Resolution #060-26). Trustee Russell J. von Frank II moved the LOSAP funding and Trustee Cynthia S. Marsh seconded; the action was recorded as unanimous.
The meeting minutes include a separate line-item budget modifications schedule that reallocates funds across police, fire, road maintenance and insurance accounts; the net budget totals reported before and after modification are $964,803.40 in the submitted schedule.
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