Town Of Woodbridge Board Of Finance Special Meeting Minutes
The Board of Finance discussed a resolution to appropriate $118,500,000 for the new Beecher Road School and Central Office. This included authorizing the issuance of bonds and notes to finance the portion of the appropriation not covered by grants. The resolution was approved for recommendation to the legal voters of the Town at a future Referendum to be called by the Board of Selectmen.
Mar 19, 2026·Board meeting
Board of Finance Regular Meeting
Enterprise
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The Board of Finance discussed various financial items, including the preliminary budget, potential cost savings by restructuring municipal roles, and the management model for the town community center. Members reviewed the monthly financial report, highlighting shortfalls in service charges and legal expenses, balanced by surpluses in intergovernmental revenue. The board approved several funding requests, specifically for park department operations, electricity account deficits, professional architectural services to address a contractor claim, and a comprehensive energy audit for multiple town facilities.
Mar 4, 2026·Board meeting
Town of Woodbridge Board of Finance Meeting Minutes
The meeting included a detailed discussion on the Car Tax Modification Schedule and the potential impact of state-proposed depreciation changes on residents. The board reviewed budget recommendations for the upcoming fiscal year, covering expenditure increases, revenue estimations from building permits, transfer station fees, and interest income, as well as the treatment of one-time revenue from the sale of town assets. Additionally, the board discussed estimated medical insurance rates, reviewed letters from various departments requesting the reinstatement of budget cuts, and reached a consensus on aiming for a mill rate increase of under 3 percent for the preliminary budget.