In April, the BOS established the Capital Reserve Funding Exploratory Committee and charged said committee to “research, discuss and evaluate funding options for major purchases and make specific, actionable recommendations to the Board of Selectmen”.

Further, “the scope of these purchases could include equipment (fire, ambulance, police and public works), buildings (purchase/expansion/improvement), energy projects, infrastructure improvements (road & bridge), five year assessment revaluation, information systems, storm water projects, and others as identified by the committee”. The committee is meeting the first and third Wednesday during June, July and August to meet an August 31, 2016 deadline to report to the BOS.

Committee members shall be appointed by the BOS and should include: Selectmen, Budget Advisory Committee, Capital Improvement Plan Citizens’ Advisory Committee, Planning Board, Town Administrator, Finance Director, and Resident(s).

The Committee established a meeting schedule and location as follows:
Schedule: 1st and 3rd Wednesday of the month at 6:00 PM at Milford Ambulance
June 15, 2016 - Agenda
• July 6, 2016
• July 20, 2016
August 3, 2016 - Agenda
• August 17, 2016
• August 22, 2016 – BOS meeting (tentative)

Minutes

The appointed committee members are:
Kathy Bauer – Selectman
Matt Lydon – Budget Advisory Committee
Peggy Seward – Budget Advisory Committee
Jim Roccio – Budget Advisory Committee
Paul Dargie - CIP Advisory
Tim Finan – Planning Board
Amanda Adkins – resident
Jack Kelly – Chief MFD & resident
Eric Schelberg – Ambulance Director & resident
Jack Sheehy – Finance Director
Mark Bender - Town Administrator