Laserfiche WebLink
Article 6 <br /> To see if the Town will vote to appropriate $416,998 for the operation of the Kids Klub <br /> Enterprise Fund for FY 2015; such sums to be raised from$416,998 in receipts of the Enterprise, <br /> or take any other action relating thereto. <br /> Submitted by the Recreation Department <br /> Estimated Revenues <br /> Registration Fees $5,160 <br /> Tuition $411,338 <br /> Toddler Program (20%) <br /> 3 & 4 YO Daycare (30%) <br /> Pre-School Program (40%) <br /> Pre-School Camp (10%) <br /> Investment Income $400 <br /> Late Fees $100 <br /> Total Budgeted Revenue $416,998 <br /> Estimated Expenses <br /> Salary (full time) $204,631 <br /> Salary (part time) $85,389 <br /> Benefits (health, life, Medicare) $40,000 <br /> Building Expenses $86,978 <br /> Total Budgeted Expenses $416,998 <br /> Net Profit/Loss $ - 0 - <br /> Explanation: <br /> 0 - <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. <br /> All costs related to the operation of the program are projected to be offset by the program <br /> revenues. All surpluses of this account at the end of the year will remain within the account. <br /> The Board of Selectmen recommends approval by a vote of 5-0. <br /> Finance Committee recommends approval by a vote of 7-0. <br /> Motion made by Selectman Wayne Taylor <br /> Motion: I move the Town vote that the following sums be appropriated for the Kids Klub <br /> Enterprise Fund for FY 2015: <br /> Personnel $290,020 <br /> Benefits $ 40,000 <br /> Operating Expense $ 86,978 <br /> TOTAL $416,998 <br /> And said $416,998 be raised through departmental receipts of the enterprise. <br /> Motion passes unanimously at 8:19 PM. <br /> 11 <br />