Thursday, June 10, 2010

Board of Finance Failure Redux

Section 706(c) of the Charter, Duties of the Board of Finance On Other Financial Matters, requires the BOF to "fix the tax rate"  "within five (5) business days following the adoption of the budget..."

So what didn't happen at last night's Regular Meeting?  You got it!  No quorum, no setting of the mill rate.

PRESENT:  Chairman Joanne Chapin, Frank Wargo, Alternate Bill Bennett
ABSENT:    Vice-Chairman Bob Sherry, Gal Alexander, Larry Tripp (sent note), Mark Vendetti (sent e-mail)

A Special Meeting has been scheduled for Monday, June 14.

Tom Morey hit the nail on the proverbial head.

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