Housing Authority

MONTPELIER HOUSING AUTHORITY Regular Meeting May 15, 2018 The meeting was called to order at 6:05 p.m. by Chairman McCullough with Commissioners Hannon and Zern present. Commissioners Larson and Stevens-Favorite were absent. Agenda Item II – Approve Agenda The agenda was approved with no changes or additions. Agenda Item III – Approval of Minutes Commissioner Hannon moved that the minutes of the April 17, 2018 regular meeting be accepted as written. Commissioner Zern seconded the motion and it passed unanimously. Agenda Item IV Review of Vouchers, Bank Statements and Financial Reports Vouchers and bank statements were made available for Commissioners to review. Mrs. Troiano reviewed the March financial statements and answered questions. Mrs. Troiano reported that as of May 1 there were 109 vouchers under lease and we are on target to have 110 leased by June 1. Since we are still showing a surplus, and because funding is received on a calendar year basis, we plan to keep issuing vouchers. Agenda Item V – Executive Director’s Report In addition to the written report Mrs. Troiano suggested postponing accepting Chairman McCullough’s resignation until June 19th regular meeting since two Board members were absent tonight. Those present agreed. Agenda Item VI – 5 Year Plan for Non-Routine Maintenance The Five Year Non-Routine Maintenance Plan was discussed and questions answered. Mrs. Troiano noted that July 2018 – June 2019 would become part of the FY2019 budget. The current year projects have been updated from what was adopted last year to include unanticipated non-routine expenditures. After a short discussion Commissioner Zern moved that the Five Year Plan for Non-Routine Maintenance be adopted as presented. Commissioner Hannon seconded the motion and it passed unanimously. Agenda Item VII – Discussion and Actions FY 19 Budget A) Salaries and Benefits Mrs. Troiano passed out a spread sheet with the salary history for each employee. She reported that the City employees were scheduled to receive a 2% cost of living increase effective July 1. She also said she would like to purpose raises in addition to cost of living increases. Mrs. Troiano was asked to leave the room. When she returned Commissioner Hannon moved that the Executive Directors salary would be set at $85,000. That full time employees receive a 2.5% cost of living increase and a $500.00 raise, and part time employees receive a 2.5% cost of living increase and a $250.00 raise. All eligible employees would also receive a 3% contribution to SEP. Commissioner Zern -1- seconded the motion and it passed unanimously. There being no further business the meeting was adjourned at 7:20 pm Respectfully submitted, Jo Ann Troiano, Secretary -2-