•  2018 Capital Projects Plan Information

• 5-Year Capital Projects Purchasing Plan
• Changes To The 5-Year Capital Plan Since 2016
• Preston Long Term Combined Debt In Annual Payments
• Preston’s Overall Debt Services as of July 2018
  

Agendas & Minutes

Agendas are available prior to the meetings. Minutes are available following approval.

View Most Recent Agendas and Minutes

Members

• Max Zachem (R)                                                                                                                                                                                        Seat 1—Term:  November 16, 2021 to November 16, 2027
• Zachary Maurice (D) Clerk                                                                                                                                                                     Seat 2—Term:  November 16, 2021 to November 16, 2027
• Andrew Sawyer (R) Chairman                                                                                                                                                              Seat 3—Term:  November 21, 2023 to November 20, 2029
• Robert Castronova (D)                                                                                                                                                                               Seat 4—Term:  November 21, 2023 to November 20, 2029
• Mary Gardner (D)                                                                                                                                                                                         Seat 5—Term:  November 18, 2025 to November 18, 2031
• Thomas Wright (R) Vice Chairman                                                                                                                                                   Seat 6—Term:  November 18, 2025 to November 18, 2031

• Alternate Members

• Nathanael Lee (R)                                                                                                                                                                                       Alt Seat 1—Term:  November 18, 2025 to November 16, 2027 
• Vacancy                                                                                                                                                                                                           Alt Seat 2—Term:  November 18, 2025 to November 16, 2027

The Board of Finance is made up of six members who are elected for a six-year term.  The Board also has two alternate members are elected for a  two-year term. Two members and two alternates are elected every two years in municipal elections. Tasks of the Board of Finance includes:

• Preparing the Town Budget
• Setting the property tax rate
• Approving special appropriations and transfer between appropriations
• Determining the method and extent of financial record keeping
• Arranging for the annual audit of the Town accounts
• Publishing the annual Town Report

Responsibilities

The primary responsibility of the Board is to make an annual budget recommendation to the legislative body.  To do this, the Board receives budget estimates of income and expenses from the Board of Selectmen and the Board of Education, who then compile a balanced budget and presents it to the legislative body at a town meeting.

In addition, the Board is responsible for the Town’s accounting system, preparing the annual town report, and providing the annual financial audit.

After a budget is approved, the Board of Finance can approve additional appropriation up to $20,000.00  Appropriation of more than $20,000.00 requires town meeting approval; more than $100,000.00 also requires approval by referendum.

Regular Meetings

Contact Us:

financeboard@preston-ct.org