Wilton triboard will meet to discuss budgets – The Wilton Bulletin

WILTON — A triboard meeting of the Board of Selectmen, Board of Education and Board of Finance will be held Monday, Nov. 2, to discuss the current budgets and reserve as well as the upcoming FY 2022 budgets.

Chief Financial Officer Anne Kelly-Lenz discussed the town and school budgets with the finance board on Oct. 13.

The FY 2021 town budget currently has a reserve of $2,969,160 for the finance board’s Charter Authority, which the board has set aside to keep on hand for unexpected expenses due to the coronavirus pandemic.

Use of the $2.96-million Charter Authority funds is yet to be determined. Possible funding considerations include final reopening needs of the schools, town road paving projects, and mitigation of grant reductions made this year to Wilton Library and Trackside Teen Center.


The town budget has a projected $413,253 surplus, realized primarily from savings that resulted in switching the town employees’ healthcare plan to the state plan.

Revenues for FY 2021 are currently forecast $68,942 lower than the budget, Kelly-Lenz said, mainly due to building permit application fees trending lower than budgeted due to COVID, and a reduction in senior center and swimming fees. On the positive side, conveyance taxes are trending higher due to increased real estate sales.


The Board of Education is forecasting a budget shortfall of approximately $452,513 for a number of reasons related to the pandemic, Kelly-Lenz said.

The school board incurred additional expenses due to hiring extra custodial staff and positions for the new school schedule. In addition, there were costs due to the purchase of safety supplies, safety equipment, school signs and classroom supplies — including PPE, sneeze guards/barriers and hand sanitizer.


To mitigate these expenses, the school board has received various state grants to date but is still waiting on final FEMA approval, Kelly-Lenz said.

The Nov. 2 triboard meeting will be hosted by the Board of Selectmen and will be available for the public to watch virtually.


pgay@wiltonbulletin.com

Related Posts

Comments

  1. 26550 429775This Los angeles Weight Loss diet happens to be an low and flexible going on a diet application meant for typically trying to drop the weight as effectively within the have a much healthier lifetime. lose weight 565637

  2. 976620 944444Hmm is anyone else experiencing issues with the images on this weblog loading? Im trying to discover out if its a problem on my end or if it is the blog. Any responses would be greatly appreciated. 633308

  3. 308564 787362I cant say that I completely agree, but then once again Ive never genuinely thought of it quite like that before. Thanks for giving me something to consider when Im supposed to have an empty mind while trying to fall asleep tonight lol.. 619611

  4. 256116 214649Hmm is anyone else experiencing issues with the images on this blog loading? Im trying to discover out if its a problem on my end or if it is the weblog. Any feed-back would be greatly appreciated. 889088

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

21,935FansLike
2,507FollowersFollow
0SubscribersSubscribe

Recent Stories

Data: 97% of Shippers Set to Increase Freight Procurement Budgets In 2022 – Industrial Distribution

CHICAGO — On Jan. 19, Sleek Technologies, a provider of freight procurement automation, announced the release of its 2022 State of Freight Procurement Research Report. The...

Ep. 562 – This American city drastically increased their police budgets and murders still DOUBLED.

Mobile, Alabama did what cities across the country are doing right now, they drastically increased their police budget over the past 3 years. And...

Re: Educational Budgets / Policy

Quote from: Roy H. on Today at 09:12:51 AM Okay, I'm hoping we've got some teachers / school administrators in here.