HomeFinanceNewtown could soon disband its Board of Finance. Here’s why it matter.

Newtown could soon disband its Board of Finance. Here’s why it matter.

NEWTOWN – Disbanding Newtown’s elected Board of Finance would streamline the annual budget process and rid residents of a duplicate layer of bureaucracy, according to task force that is looking for ways to modernize how the town is governed.

The decision by Newtown’s Charter Revision Commission to recommend that the six-member Board of Finance be eliminated as one of the four major elected governing bodies in Newtown means fiscal oversight and authority would belong solely to the 12-member Legislative Council.

“The powers of the Board of Finance are duplicative of all the powers the Legislative Council has anyway,” said Andrew Buzzi, chair of the Charter Revision Commission, at a meeting earlier this month. “The Legislative Council has those powers because they are the fiscal authority in town.”

The problem, Buzzi said, is that the Board of Finance has been operating alongside the Legislative Council as dual fiscal authority, causing what Buzzi calls “a statutory problem for Newtown.”

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