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Article 9 <br /> To see if the Town will vote to authorize the Council On Aging Revolving Account, through the <br /> Town Accountant's office, in accordance with Massachusetts General Laws, Chapter 44,Section <br /> 53 E 1/2 to be expended under the direction of the Council on Aging, in order to place anticipated <br /> revenues collected from program income which shall be used to further the operation of <br /> programs under the Council on Aging, and to establish the limit on expenditures from said <br /> account for Fiscal Year 2006 at $15,000, or take any other action relating thereto. <br /> Submitted by the Council on Aging <br /> Explanation: This revolving account is required in order to receive and disburse funds generated <br /> through programs supported by the revolving fund such as key deposits, coffee machine income, <br /> ,and educational program tuitions. Revenues will be used to offset expenses related to these <br /> programs. <br /> The Board of Selectmen and the Finance Committee recommend approval. <br /> Anticipated Budget: <br /> Revenues $1500 <br /> Expenditures $1500 <br /> This account will be managed by the Council on Aging, through its agent. <br /> Motion made by George Green. <br /> 0 <br /> Motion: I move the Town vote to authorize the Council On Aging Revolving Account, through <br /> the Town Accountant's office, in accordance with Massachusetts General Laws, Chapter 44, <br /> Section 53 E 1/2 to be expended under the direction of the Council on Aging, in order to place <br /> anticipated revenues collected from various Council on Aging programs which shall be used to <br /> further the operation of programs, under the Council on Aging, and to establish the limit on <br /> expenditures from said account for Fiscal Year 2006 at $15,00�O�. <br /> Motion p�asses unanimously at 9:02 p.m. <br /> Article 10 <br /> To see if the Town will vote to accept the provisions of Chapter 44, Section 53 P/2 of the <br /> Massachusetts General Laws establishing the Kids Klub Program as an Enterprise Fund effective <br /> fiscal year 2006, or take any other action relating thereto. <br /> Submitted by the Board of Selectmen <br /> Explanation: The proposed Leisure Service Enterprise Fund will authorize the Department to <br /> operate a Toddler/Pre-School Program as a self-sufficient, self-funded operation at the Old <br /> Senior Center. All costs related to the operation of the program are projected to be offset by the <br /> 14 <br />