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TOWN OF MASHPEE <br /> BOARD OF ASSESSORS <br /> Minutes of the Meeting of August 31, 2005 <br /> Board Members Present: Also Present: <br /> Jason Streebel, Chairman John Duffy, Director of Assessing <br /> Feather Noyes, Vice Chairman <br /> Marcia King, Cler <br /> Jason Streebel called the meeting to order at 6:48 PM. <br /> EVIEW of MINUTES. P <br /> The minutes from the Board of Assessors meeting held on July 6, 2005 were unanimously <br /> approved by the Board. . <br /> NEW BUSINESS <br /> 1. John Duffy stated that the purpose of the meeting today was with regard to the overlay surplus <br /> reserve transfer for use by the Assessing Office through their revaluation account. The <br /> recommitment is due to the Fiscal Year 2005 balance reconfiguration of receivables for Beal <br /> Estate and Personal Property. The reconfiguration request was received from Acting Town <br /> Accountant Dawn Thayer. <br /> Jason Streebel made a motion that the Board rescind the Grote of July 6, 2005 to release <br /> $125,000 from the Overlay Surplus Reserve Accounts, as previously approved. Heather Moyes <br /> seconded the motion. All approved. <br /> Jason Streebel made a motion that the Board approve the release of$125,000 from the Overlay <br /> Surplus Reserve er ve Accounts as follows: <br /> FYB 331088.83 <br /> FY02 $91,933.17 <br /> Total: $125,000-00 <br /> Heather Noyes seconded the motion. All approved. <br /> . John Duffy stated further that the purpose of the meeting was with regard to the overlay <br /> surplus reserve transfer for use by the Town Manager for funding offsets of capital projects. The <br /> recommitment is due to the fiscal year 2008 balance re onfigurabon of receivables for real estate <br /> and personal property. The reconfiguration request was received from Acting Town Accountant <br /> Dawn Thayer. <br /> Jason Streebel made a motion that the Board rescind the vote of February 2, 2005 to release <br /> $350,000 from the Overlay Surplus Reserve Accounts previously approved. Heather Noyes <br /> seconded the motion. All approved. <br /> Jason Streebel rade a motion that the.Board approve the release of$350,000 from the Overlay <br /> Surplus Reserve Accounts as follows: <br /> FY91 21132.60 <br /> FY92 91471.10 <br /> FY3 $357883.76 <br /> FY4 $23,929.84 <br /> F8 $581965.92 <br /> FY $271499.70 <br /> FY9 4,188.38 <br /> ■ <br /> 1 <br />