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Board of Finance

 

Contact: Robert Donahue III, Chairman bdonahue@townofdurhamct.org

Meeting Schedule: 2021 Meeting Schedule

Budgets: Town Budgets
Annual Budget Meeting

Agendas and Minutes: 

Listing files in 'Board of Finance'

 

 Current Board Members:

Molly Nolan, D, 2021
Chuck Stengel, R, 2021
Nancy Cuomo, R, 2023
Robert Donahue III, Chairman, D, 2023 
Carleton Stoup, R, 2025 (filling vacancy until 2021 Election)
Caroline Mormile, R, 2025 (filling vacancy until 2021 Election)

BOF Meeting Public Comment Policy:

Public comment will be limited to 3 minutes. We welcome your comments which are very important to us. Please state your name and address your remarks to the Chair. Please note that we will not be entering into dialogue at this time. The purpose of this agenda item is for YOU, the public, to inform US, the Board, about your views. If members of the public have factual questions, the Finance Director will be glad to address them.

 Decorum Clause:

For members of the public attending board and commission meetings. As members of the public are entitled to attend meetings of the Board of Finance as observers, we welcome each person to use Public Comment to make their statements during the appropriate time slots on the agenda. Other distractions, conversations or engagement should not take place that may draw attention away from the meeting. Please be sure that your exhibited behavior is consistent with these guidelines for the maintenance of a safe environment for all.

 Constitution of Board/Quorum:  

Six members. Four members constitute a quorum.

 Term of Office:

Six years

Appointing Authority:

General Town Election

 Authority:

Town Charter, Section 5-1 to 5-1.9,  and Section 7-340 and additional appropriate statutes of the General Statutes of the State of Connecticut.

 Powers and Duties:

1. Preparing the Town Budget
2.Setting the property tax rate
3.Approving deficiency and special appropriations and transfers between appropriations.
4.Determining how town financial records are to be kept.
5. Arranging for the annual audit of town accounts.
6. Publishing the annual town report.

History:

The Board of Finance was created by action taken at a town meeting on September 24, 1956, under the appropriate statutes, and charged with the responsibility of formulating a budget to be presented at the annual town meeting. (Durham, CT Century of Change)