Though the spending plan for the office of New Canaan’s highest elected official calls for an overall 4.5% reduction, items within it such as the first selectman’s salary could be adjusted when the budget comes to the Board of Finance, officials said this week. First Selectman Kevin Moynihan at the Jan. 26, 2021 Board of Selectmen meeting. Zoom screenshot First Selectman Kevin Moynihan’s current salary is $147,000, according to the approved budget for this fiscal year, while the two selectmen together are paid a stipend totaling about $16,000. “The Board of Finance will be considering compensation,” CFO Lunda Asmani said during a budget hearing Tuesday.