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.

NamePolitical PartyAppointmentTerm Ends
Jeffrey Caggiano, MayorRepublican11/9/2111/23
Mark Whitford
1/226/24
Marie O’BrienDemocrat6/12/20186/22
Jonathan MaceRepublican03/10/20206/23
John E. Smith, ChairDemocrat8/14/036/23
Glenn Heiser
6/8/20216/25
Ron BurnsRepublican7/20156/24

Democrat
6/25
David MaikowskiRepublican11/20206/22

Meeting Calendar 

MonthLocation
January5:30 pm Council Chambers
February 5:30 pm Council Chambers
March 5:30 pm Council Chambers
April 5:30 pm Council Chambers
May 245:30 pm City Hall West - Meeting Room 1
June 285:30 pm City Hall West - Meeting Room 1 
July 265:30 pm City Hall West - Meeting Room 1 
August 235:30 pm City Hall West - Meeting Room 1 
September 275:30 pm City Hall West - Meeting Room 1 
October 255:30 pm City Hall West - Meeting Room 1 
November 225:30 pm City Hall West - Meeting Room 1 
December 205:30 pm City Hall West - Meeting Room 1 

Liaisons to Other Commissions

DepartmentMember
Aging
City CouncilSmith
Education
FireBurns
LibraryO’Brien
Parks and RecreationO'Brien
PoliceMace
Public Works
Water
Energy Commission


Board of Finance SubcommitteesMembers
Banking & Audit CommitteeSmith, Mace, Miakowski, Heiser
Purchasing CommitteeBurns, Calfe, 
Insurance CommitteeSmith, Burns, O’Brien
Donations CommitteeSmith,


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.