Board of Finance

Meetings 

Meets the fourth Tuesday of each month in the Council Chambers.

Agendas & Minutes
Agendas are available prior to the meetings. Minutes are also available following approval.

Name
Political Party
Appointment
Term Ends
Jake Carrier
Republican
9/11/12
6/23
Ellen Zoppo-Sassu, Mayor
Democrat
11/13/17
11/21
Nicolas Jones
Democrat
8/15/2018
6/20
Marie O'BrienDemocrat
6/12/2018
6/22
Mike LaMothe
Democrat
6/10/14
6/22
John E. Smith, Chairperson
Democrat
8/14/03
6/23
Cheryl Thibeault
Republican
7/14/09
6/21
Ron Burns
Republican
7/2015
6/20
Orlando Calfe, Vice Chairperson
Democrat
7/2015
6/21

2019 Meeting Calendar

Month
Location
January 22, 2019
5:30 pm Council Chambers
February 26, 2019
5:30 pm Council Chambers
March 26, 2019
5:30 pm Council Chambers
April 23, 2019
5:30 pm Council Chambers
May 28, 2019
5:30 pm Council Chambers
June 25, 2019
5:30 pm Council Chambers
July 23, 2019
5:30 pm Council Chambers
August 27, 2019
5:30 pm Council Chambers
September 24, 2019
5:30 pm Council Chambers
October 22, 2019
5:30 pm Council Chambers
November 26, 2019
5:30 pm Council Chambers
December 17, 2019
5:30 pm Council Chambers

Liaisons to Other Commissions

Department
Member
Aging
Carrier
City Council
Smith
Education
Calfe
Fire
Burns
Library
O'Brien
Parks and Recreation

Police
Thibeault
Public Works
Carrier
Water
LaMothe
Energy CommissionCalfe


Board of Finance Subcommittees
Members
Banking & Audit Committee
Smith, Thiebault, Carrier
Purchasing CommitteeBurns, Calfe, Jones
Insurance Committee
Smith, Carrier, Burns
Donations Committee
Smith, Thibeault, Carrier


Overview
The Board of Finance has sole power, by charter, to determine the necessity for the manner of issuing bonds by the City of Bristol. Authorization to incur indebtedness through the issuance of bonds or notes must be approved by the Board of Finance. Special appropriations that are financed by bond issues must be approved by the Board of Finance and the Joint Board.

The charter requires that the adopted budget have a balanced relationship between revenues and expenditures as well as the inclusion of pension contributions and debt service requirements. Once adopted, the Board of Finance may make transfers, and if in excess of $5,000, joint board approval is required. Additional appropriations require Board of Finance and joint board approval. The only exception to the above involves appropriations from the reserve fund for capital and nonrecurring expenditures. This fund was set up under the provisions of Chapter 108 of the Connecticut General Statues. Appropriations are made based on recommendations of the Board of Finance and approval by the legislative body, the City Council.

The Board of Finance has sole power by Charter, to determine the necessity for the manner of issuing bonds by the City of Bristol. Authorization to incur indebtedness through the issuance of bonds or notes must be approved by the Board of Finance. Special appropriations that are financed by bond issues must be approved by the Board of Finance and the joint board. The board meets the fourth Tuesday of each month to deliberate upon the financial matters of the city.