Board of Finance (Regular Meeting) - 10/6/2026

Fairfield Board of Finance regular meeting, October 6, 2026: The board unanimously approved a $42,760.46 Connecticut Secretary of the State grant agreement for early-voting costs, authorizing the First Selectperson to accept and administer the grant. The funds are expected to cover primarily staffing, along with election mailings and ballots, a curbside-voting sign, and a required U.S. flag. The board also unanimously approved the town’s ten-year capital plan. Members clarified that this was approval of the plan and debt-capacity framework, not individual projects; 16 project bond resolutions were scheduled for separate consideration the following week. The plan’s projected debt service peaks at 8.99% of expenditures in 2033, below the town’s 10% policy limit. A $1 million townwide flood-and-erosion planning project was discussed as part of the capital plan, but individual projects were not approved at this meeting.

The board reviewed recently completed town capital projects and was told that spending on the seven projects listed was at or below authorized amounts; it requested comparable information on Board of Education projects for a future meeting. Members also discussed possible uses of speed-camera revenue for eligible transportation and safety work. They raised concerns about rejected citations tied in part to image quality under vendor Ultimate’s program and requested follow-up on whether vendor credits or other recourse might be available; no action was taken on that issue. No additional contract award or bid approval was identified.