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Article 13 <br /> To see if the Town will vote to appropriate $405,320 for the operation of the Kids Klub <br /> Enterprise Fund for Fiscal Year 2019; such sums to be raised from $405,320 in receipts of the <br /> Enterprise, or take any other action relating thereto. <br /> Submitted by the Recreation Department <br /> ESTIMATED REVENUES <br /> Registration Fees $ 5,120 <br /> Tuition $400,000 <br /> Investment Income $ 200 <br /> Total Budgeted Revenue $405,320 <br /> ESTIMATED EXPENSES <br /> Salary (Full-Time; incl. longevity) $259,125 <br /> Salary (Part-Time) $ 45,945 <br /> Benefits (Health, Life, Medicare) $ 40,000 <br /> Building Expenses $ 60,250 <br /> Total Budgeted Expenses $405,320 <br /> Net Profit/Loss $ 0 <br /> Explanation: The proposed Recreation Kids Klub Enterprise budget for next year will authorize <br /> the Recreation Department to operate a Toddler/Pre-School Program as a self-sufficient, self- <br /> funded operation. All costs related to the operation of the program are projected to be offset by <br /> the program revenues. All surpluses of this account at the end of the year will remain within the <br /> account. <br /> The Board of Selectmen recommends approval of Article 13 by a vote of 5-0. <br /> The Finance Committee recommends approval of Article 13 by a vote of 6-0. <br /> Motion made by Selectman Andrew Gottlieb. <br /> Motion: I move the Town vote to appropriate the following sums for the operation of the Kids <br /> Klub Enterprise Fund for FY 2019: <br /> Personnel $305,070 <br /> Benefits $ 40,000 <br /> Operating Expense $ 60,250 <br /> TOTAL $405,320 <br /> such sums to be raised from $405,320 in receipts of the Enterprise. <br /> Motion passes unanimously at 7:57 PM. <br /> 17 <br />