Board of Finance Special Meeting - April 10, 2026

Board of Finance · April 10, 2026

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Opening and meeting purpose

Presentation

0:10 → 0:39(29s)

Chair opened the special meeting to obtain a legal opinion on the towns "traditional payback" / CNR practice and to discuss options before finalizing the budget adoption. Chair asked a basic procedural question about the boards authority to accept or decline a recommendation to end the traditional payback.

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The Simsbury Board of Finance met for a special session to seek legal advice on the town's long-standing capital non-recurring (CNR) "traditional payback" practice, review statutory authority (chapter 108 and Conn. Gen. Stat. 7-346), and consider changing the funding source for several capital items; no formal vote was taken.

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Transcript

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