Mattabassett District Board

THE MATTABASSETT DISTRICT Memorandum Date: June 16, 2025 Subject: Finance Committee Meeting Monday, June 23, 2025 To: Doug Sienna - Chair, From: Arthur G. Simonian, Executive Nick Stevens, Phil Pessina, Director Joe Corlis, Rick Healey and John Dunham Finance Committee Meeting Monday, June 23, 2025 5:00 PM The Finance Committee Meeting will be held on Monday, June 23, 2025 at 5:00 PM. The Meeting will be held at the District Offices 245 Main Street, Cromwell, Connecticut. AGENDA 1) Budget Analysis FY24-25 Operating Account - Discussion onl y (Item #1) 2) Budget Transfers FY2 4-25 Operating Account - Review and recommend increasing budgets for various accounts a s per the attached spreadsheet. (Item #2) 3) Budget Transfers FY24 -25 Capital Account - Review and recommend carryover totals for capital expenses as shown on attached spreadsheet. (Item #3) 4) Capital Non -Recurring (CNR) Budget Transfer - Review and recommend approval to transfer $1,993,742 of the remaining FY24-25 Capital Fund into Capital Non-Recurring Account (CNR) as per the attached spreadsheet (Item #3). Also, please see Capital Expense Analysis (Item #3a) for additional reference. 5) Related Business & Staff Updates C: Board Members not on the Finance Committee