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COLCHESTER BOARD OF EDUCATION
Colchester, Connecticut
BUDGET FINANCE COMMITTEE MEETING
January 3, 2024 8:00 AM
Board of Education Conference Room
127 Norwich Avenue, Colchester
MINUTES
COMMITTEE MEMBERS PRESENT: Christopher Rivers, Michelle Millington
ADMINISTRATION PRESENT: Superintendent Daniel P. Sullivan, III, Assistant
Superintendent Jessica L. Kuckel
OTHERS PRESENT: Business Director Rachel Linkkila, Accountant Michelle Marceau,
Executive Assistant to the Superintendent/Board Clerk Heather Petit
1. CALL TO ORDER
1.1 Call to Order
Committee Chair Christopher Rivers called the meeting to order at 8:04 AM
1.2 Roll Call
Committee Chair Christopher Rivers conducted a roll call of the Committee
2. PUBLIC COMMENT
2.1 For Public Comments, Please See Bylaw on Meeting Conduct
None.
3. *PRIORITY DISCUSSION/ACTION ITEMS
*3.1 Approval of Budget Finance Committee Minutes of December 6, 2023
Motion by: M.Millington
To approve the Budget Finance Committee meeting minutes of December 6, 2023
Second: C.Rivers
Roll Call: All in favor.
Vote: Motion carried.
3.2 Monthly Budget Reports
Rachel Linkkila discussed the December monthly budget report. Ms. Linkkila said that
CREC went up 14.5% for magnet tuition so this line is over as it was budgeted for a 3%
increase. Ms. Linkkila stated that there are fewer students attending VOAG so that
savings can be used for the magnet tuition.
Ms. Linkkila presented the quarterly revenue report. Mr. Rivers recommended to keep
the object codes but remove the org number for consistency.
The Committee discussed the health insurance reserve reports. Ms. Linkkila said that the
town has not contributed to the reserve as they should be as of this time. Ms. Linkkila
stated that as of December, the town was $861,000 negative in the health reserve account.
Ms. Linkkila said the town should have $500,000 in the reserve by June 30, 2024. The
Committee discussed bringing recommendations to the town in follow up to a
communication sent approximately a year ago. The Committee further discussed having
an informal meeting with the Town on how to move forward.
Mr. Rivers said he will work with the Board of Education finance department over the
next few weeks on the dashboard for the website.
3.3 Budget Transfers Under $5,000
None.
3.4 Budget Transfers Over $5,000
None.
3.6 HVAC Grant
Mr. Rivers said the HVAC grant was submitted to the State and the District received
email confirmation of submission.
3.7 Update on William J. Johnston Middle School Construction Bond
Ms. Linkkila worked with the state and requested final payment for the Pupil Services
portion of the project; the William J. Johnston Middle School portion was already
requested for reimbursement. The Committee asked for detail on what has been paid and
potential reimbursement.
4. PUBLIC COMMENT
4.1 For Public Comments, Please See Bylaw on Meeting Conduct
None.
5. ADJOURNMENT
Motion by: M.Millington
To adjourn the meeting at 8:43 AM
Seconded by: C.Rivers
Roll call: All in favor.
Vote: Motion carried.
Respectfully submitted,
Heather R. Petit
Executive Assistant to the Superintendent/Board Clerk