MINUTES OF THE LONG TERM FINANCIAL PLANNING COMMITTEE MEETING OF WEDNESDAY, OCTOBER 10, 2012 Page 1 of 1


The meeting of the Long Term Financial Planning Committee commenced at 7:37 p.m. in the Commission Meeting Room of the Bethany Town Hall, 40 Peck Road, Bethany, Connecticut.




The following Committee Members were present:

Steve Squinto, Chairman

Chip Spear

James Stirling

Aileen Magda

Sharon Huxley



Also present were: Hiram Peck, Consultant

Derrylyn Gorski, First Selectman



Chairman Squinto stated the Committee needs to work on a plan for the presentation and listed the following items needed to complete the presentation:

• Five year capital expenditure plan through 2017.

• Road maintenance plan through 2017.

• Debt service obligations through 2017.

• Capital operating plan/debt service for schools through 2017.

• Operating budget for both schools (Community School and Middle School) through 2012.

o Enrollment projections.

o Cost per pupil.

• Town operating budget through 2017.

 Town employee headcount and benefits.

 Growth in headcount/benefits.



Members will gather the information that was assigned.



The Committee scheduled the next meeting for Tuesday, October 30, 2012, at 7:30 p.m. to continue working on the power point presentation.



Adjournment
There being no further discussion, the meeting was adjourned at 8:47 p.m.
Respectfully submitted,

Antonia R. Marek, Staff Support

For the Long Term Financial Planning Committee