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Board of Finance

The Board of Finance oversees the financial operation of the government of Redding. It recommends the budget to the Town Meeting, sets the mill rate for property taxation, approves all appropriations, arranges for the annual audit, and publishes the Town Report.

Members of the Board of Finance are elected Town officials. Vacancies are filled by a majority vote of the members of the Board.

Regular meetings are held on the fourth Monday of the month at 7:30 p.m. in Town Hall.

Annual Budget Town Meeting
The Annual Budget Town Meeting is held on the fourth Thursday in April.

By March 1, the Redding Board of Education and the Selectmen must submit their operating budgets to the Board of Finance, which may request modification.

The Board of Finance must hold a public hearing at least two weeks prior to the Town Meeting. It then finalizes the combined budget and submits it to the Meeting. Only the Town Meeting can take final action on the budget. It may not appropriate any monies not recommended by the Board of Finance.

The Combined Budget Includes:

  • The Selectmen’s budget
  • The Redding Board of Education operating budget
  • A capital account
  • Debt service on bond issues previously approved by the Town Meeting
  • Redding’s share of the Region 9 budget

Questions about the budget?
Click here to send questions and comments.

Dates BUDGET CALENDAR for FY 2020-21
Nov 13, 2019 Dept. head preliminary budget mtg.
Dec 10-11 Dept. head expense/revenue review mtg.
Dec 16 Budget worksheets due to Finance Director
Dec 18 Jt. Meeting of the BOS, BOF, BOE
   
Jan 10, 2020 Selectmen’s budget workshop w/dept. head
Feb 3 2018 Grand List finalized and sent to BOF
Mar 3 Legal notice published for BOF Public Hearing
Mar 5 Board of Selectmen and Board of Education proposed budgets due to the Board of Finance
Mar 19 Board of Finance Public Hearing on budget requests (7:30 at the Community Center)
Apr 7 Release Board of Finance recommended budget & estimated revenues to press
Apr 9 Press publication of budget
Apr 21 Annual Budget Meeting to set Referendum Date
May 5 Referendum (Community Center 6am to 8pm)
May 5  8:00 pm Board of Finance Meeting to approve Tax (Mil) Rate or revise the budget

Board of Finance

Members
Kimberly A. Yonkers (D), Chairman
Ward J. Mazzucco (R), Vice Chairman
Jamie Barickman (D)
Robert Dean (D)
Edward Miller (D)
Jenifer Wyss (R)


Additional Links

COVID-19: FY 20-21 Budget Process & Public Comments
Financials
BOF Motions 07/27/15-10/28/19

Meetings

Meetings are held on the fourth Monday of the month (or as posted), at 7:30 p.m., at Town Hall.

View the Calendar here.

Click here for Minutes & Agendas.

Click here to email the Chairman.