Board approves small transfers, moves to executive session on real‑estate lease

New Canaan Board of Finance · November 12, 2025

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Summary

The Board approved three small budget transfers to cover higher health and unemployment claims and to increase contingency, then voted to enter executive session to discuss a town real‑estate lease where publicity could affect the price (Conn. Gen. Stat. §1‑206(d)).

The Board of Finance reviewed and approved three small budget transfers, including adjustments to cover heart & hypertension claims and unemployment compensation and to increase contingency. Finance director reported October revenue and expense snapshots and noted cash and investment balances as of Sept. 30.

A motion to approve the transfers was moved and seconded (Robert Hamill and Maria Weingarten participated in the second/approval discussion) and approved by voice vote. Later, the board moved into executive session under Connecticut General Statutes Sec. 1‑206(d) to discuss the lease of town real estate where publicity could adversely affect price; the motion carried by voice vote. The meeting adjourned after the executive session.