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Governor establishes the total funding available for Chapter 90 local transportation aid for that year. <br /> These funds are then apportioned to the 351 Massachusetts towns and cities. The funding authorized <br /> by this article is the maximum anticipated Town's share of the FY 2018 Chapter 90 program. <br /> The Board of Selectmen recommend approval of Article 19 by a vote of 5-0. <br /> The Finance Committee recommend approval of Article 19 by a vote of 4-0. <br /> Motion made by Selectman John Cahalane. <br /> Motion: I move the Town vote to appropriate $602,807 to provide for road improvement projects <br /> in and for the Town, in accordance with the provisions of Chapter 90 of the Massachusetts General <br /> Laws, and to authorize the Treasurer, with the approval of the Board of Selectmen, to borrow said <br /> sum of $602,807 under and pursuant to the provisions of MGL, Chapter 44, Sections 7&8, or any <br /> other enabling authority, and to issue bonds and notes of the Town therefor. <br /> Motion passes unanimously at 8:28 PM. <br /> Article 20 <br /> To see if the Town will vote to appropriate the sum of$383,885 for the operation of the Kids Klub <br /> Enterprise Fund for FY 2018; such sums to be raised from $383,885 in receipts of the Enterprise, or <br /> take any other action relating thereto. <br /> Submitted by the Recreation Department <br /> Estimated Revenues <br /> Registration Fees $ 5,250 <br /> Tuition $ 378,350 <br /> Investment Income $ 185 <br /> Late Fees $ 100 <br /> Total Budgeted Revenue $ 383,885 <br /> Estimated Expenses <br /> Salary (full-time; including longevity) $ 257,125 <br /> Salary (part-time) $ 51,000 <br /> Benefits (Health, Life, Medicare) $ 42,500 <br /> Building Expenses $ 33,260 <br /> Total Budgeted Expenses $ 383,885 <br /> Net Profit/Loss $ 00.00 <br /> Explanation: The proposed Recreation Enterprise budget for next year will authorize the <br /> department to operate a Toddler/Pre-School Program as a self-sufficient, self-funded operation. All <br /> costs related to the operation of the program are projected to be offset by the program revenues. All <br /> surpluses of this account at the end of the year will remain within the account. <br /> 21 <br />