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05/07/2012 Annual Town Meeting
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05/07/2012 Annual Town Meeting
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Town Meeting Warrants
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Article 18 <br /> To see if the Town will vote to appropriate $411,718 for the operation of the Kids Klub Enterprise <br /> Fund for Fiscal Year 2013; such sums to be raised from $411,718 in receipts of the Enterprise, or <br /> take any other action relating thereto. <br /> Submitted by the Board of Selectmen <br /> Estimated Revenues <br /> Registration Fees $5,160 <br /> Tuition $406,058 <br /> Toddler Program (200%) <br /> 3 & 4 YO Daycare (300%) <br /> Pre-School Program (400%) <br /> Pre-School Camp (100/1) <br /> Investment Income $400 <br /> Late Fees $100 <br /> Total Budgeted Revenue $411,718 <br /> Estimated Expenses <br /> Salary(full time) $195,436 <br /> Salary(part time) $121,316 <br /> Benefits (health, life, Medicare) $38,973 <br /> Building Expenses $55,993 <br /> Total Budgeted Expenses $411,718 <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 revenues. <br /> 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 4-0, 1 absent. <br /> Finance Committee recommends approval by a vote of 5-0, 2 absent. <br /> Motion made by Selectman Carol Sherman. <br /> Motion: I move the Town vote that the following sums be appropriated for the Kids Klub <br /> Enterprise Fund for Fiscal Year 2013: <br /> Personnel $316,752 <br /> Benefits $38,973 <br /> Operating Expenses $55,993 <br /> Total $411,718 <br /> and that said $411,718 be raised through departmental receipts of the enterprise. <br /> 19 <br />
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