05/06/2013 Annual Town Meeting - Laserfiche WebLink

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Article 5 To see if the Town will vote to reauthorize the Recreation Revolving Account through the Town Accountant's Office in accordance with Massachusetts General Laws, Chapter 44, § 53E 1/2 , to be expended under the direction of the Recreation Department, said Account to be funded by revenues collected from the various Recreation Department Programs and expended for the purpose of paying such wages, benefits and other related costs and expenses as are necessary to conduct Recreation Department Programs; and to establish the limit on expenditures from said account for Fiscal Year 2014 at$300,000, or take any other action relating thereto. Submitted by the Recreation Department Explanation: This revolving account is required in order to receive and disburse funds generated through programs supported by such revolving fund. Revenues must be used to offset expenses of these programs. The Recreation Department, through its agent, will manage this account. The Board of Selectmen recommends approval by a vote of 5-0. Finance Committee recommends approval by a vote of 6-0; 1 abstention. Motion made by Selectman Wayne Taylor Motion: I move the Town vote to reauthorize the Recreation Revolving Account through the Town Accountant's Office in accordance with Massachusetts General Laws, Chapter 44, Section 53E 1/2 , to be expended under the direction of the Recreation Department, said Account to be funded by revenues collected from the various Recreation Department Programs and expended for the purpose of paying such wages, benefits and other related costs and expenses as are necessary to conduct Recreation Department Programs; and to establish the limit on expenditures from said account for Fiscal Year 2014 at$300,000. Motion passes unanimously at 7:53 PM. 10