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?
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|Dates||BUDGET CALENDAR for FY 2022-23|
|Nov 17, 2021||Dept. head preliminary budget mtg.|
|Dec 14-15||Dept. head expense/revenue review mtg.|
|Dec 20||Budget worksheets due to Finance Director|
|Dec 20||Jt. Meeting of the BOS, BOF, BOE|
|Jan 21, 2022||Selectmen’s budget workshop w/dept. head|
|Feb 2||2021 Grand List finalized and sent to BOF|
|Mar 1||Legal notice published for BOF Public Hearing|
|Mar 3||Board of Selectmen and Board of Education proposed budgets due to the Board of Finance|
|Mar 22||Board of Finance Public Hearing on budget requests (7:30 at the Community Center)|
|Apr 5||Release Board of Finance recommended budget & estimated revenues to press|
|Apr 7||Press publication of budget|
|Apr 19||Annual Budget Meeting to set Referendum Date|
|May 3||Referendum (Community Center 6am to 8pm)|
|May 3||8:00 pm Board of Finance Meeting to approve Tax (Mil) Rate or revise the budget|
Board of Finance
Kimberly A. Yonkers (D), Chairman
Ward J. Mazzucco (R), Vice Chairman
Karen K. Gifford (D)
Jamie Barickman (D)
Robert Dean (D)
Jenifer Wyss (R)