05/02/2016 Annual Town Meeting - Laserfiche WebLink

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Explanation: The revolving account is required in order to receive and disburse funds generated through programs supported by such revolving fund, such as senior trips, educational programs, educational program staff, transportation programs, exercise programs, etc. Revenues will be used to offset expenses related to these programs and activities. The Board of Selectmen recommends Town Meeting approval by a vote of 5-0. The Finance Committee recommends Town Meeting approval by a vote of 5-0. Motion made by Selectman Carol Sherman. Motion: I move the Town vote to re-authorize the Council on Aging revolving account, through the Town Accountant, in accordance with M.G.L. Chapter 44, §53E�/z to be expended under the direction of the Council on Aging; said account to be funded by revenues collected from Council on Aging program income and expended for purposes furthering the operation of programs by the Council on Aging, and to establish the limit on expenditures from said account for FY 2017 at $15,000. Motion passes unanimously at 8:18 PM. Article 12 To see if the Town will vote to re-authorize the Library Revolving Account, through the Town Accountant's Office, in accordance with M.G.L. Chapter 44, §53E�/z to be expended under the direction of the Library Board of Trustees, in order to place anticipated revenues collected from fines and fees, which shall be used to further the operation of programs and services under the Library, and to establish the limit on expenditures from said account for FY 2017 at $20,000, or take any other action relating thereto. Submitted by the Library Board of Trustees Explanation: This revolving account is required in order to receive and disburse funds generated through services supported by the revolving fund such as purchasing supplies and library materials, as well as personnel and program expenses. Revenues will be used to offset expenses related to these programs. The Board of Selectmen recommends Town Meeting approval by a vote of 5-0. The Finance Committee recommends Town Meeting approval by a vote of 5-0. Motion made by Selectman Andrew Gottlieb. Motion: I move the Town vote to re-authorize the Library Revolving Account, through the Town Accountant's Office, in accordance with M.G.L. Chapter 44, §53E�/z to be expended under the direction of the Library Board of Trustees, in order to place anticipated revenues collected from fines and fees, which shall be used to further the operation of programs and services under the Library, and to establish the limit on expenditures from said account for FY 2017 at $20,000. Motion passes at 8:20 PM. 14