Board of Trustees
Minutes of the July 15, 2008 Special Board Meeting - Budget Hearing

CALL TO ORDER/ROLL CALL
Vice Chairwoman Donna Peluso called the special meeting of the Board of Trustees to order in the Boardroom at 6:04 p.m. Following the Pledge of Allegiance, roll call was taken.

Present: Mr. Chiappetta, Mrs. Del Giudice, Mr. Gary, Ms. Peluso, Ms. Viverito.

Absent: Mr. Becker, Mr. Stam, Mr. Stephens.

Ms. Peluso commented that Mr. Stephens asked her to chair the meeting in his absence. She reported that she spoke with Mr. Stam today, and he is doing well and will return soon.

CITIZEN PARTICIPATION
None.

PUBLIC HEARING ON FY 2009 TENTATIVE BUDGET
Vice President of Business Services Sean Sullivan reported the there is a $6.9 million deficit, and that the budget is balanced through fund reserves. The final budget will come to the Board for approval in September.

ADJOURNMENT
A motion was made by Mrs. Del Giudice to adjourn the meeting, seconded by Mr. Gary. Voice vote carried the motion unanimously. Vice Chairwoman Peluso adjourned the meeting at 6:07 p.m.


Submitted by:

Mark R. Stephens, Board Chairman

Diane Viverito, Board Secretary