Baltic - Hanover - Versailles

Board of Finance

Members

Claude R. Pellegrino, Chairman

Karen A. Collins

Glenn Alan Cheney
Julie L. Lumpkins
Catherine R. Tiffany
Wendy B. Schnip

The Board of Finance consists of six members, elected for 6-year terms.  The Board of Finance has regularly scheduled meetings the third Thursday of each month at 7 PM in the Town Hall board room.

RESPONSIBILITY

The governance of the Town of Sprague follows directly from the General Statutes of the State of Connecticut.  The statutes give the Board of Finance specific responsibility for:

·        Preparing the Town budget.

·        Setting the property tax mill rate.

·        Approving special appropriations and transfers 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.

MISSION

The Board of Finance is responsible for the management and measurement of performance and controls that impact the efficient and effective use of tax dollars and other revenues contributed by Town residents and other sources.

VISION

The Sprague Board of Finance is committed to being a leading provider of sound public finance principles and practices that ensure and enhance the delivery of services to Town residents in a responsible and cost effective manner.

VALUES

·        Communicate openly and honestly with each other, with Town officials, and with Town residents

·        Respect for each other, for Town officials, and for Town residents

·        Encourage high ethical standards

·        Initiate and utilize best practices

·        Promote social and civic responsibility

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