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the Town Accountant's office in accordance with Massachusetts General Laws, Chapter 44, <br /> Section 53E 1/2, to be expended under the direction, of the Council on. Aging, in order to place <br /> anticipated revenues collected from program income which shall be used to further the <br /> operation of programs under the Council on Aging, and to establish the limit on expenditures <br /> from said account for Fiscal Year 1998 at $5,000. <br /> Submitted by the Council on Aging <br /> Explanation,,* Revolving account is required in order to receive and disburse funds generated <br /> through. prograins supported by such revolving fund. Revenues must be used to o�ffset exp�enses <br /> of these programs <br /> Anticipated Budget: <br /> Revenues: $500.00 <br /> Expenditures: $51000.00 <br /> This account will be managed by the Council on Aging through its agent. <br /> Recommendation: Finance Committee recommends approval. <br /> Motion made by Selectman Costa, <br /> Motion: I move the Town vote to re-authorize a revolving Council on Aging Account through <br /> the Town Accountant's office in accordance with Massachusetts General Laws, Chapter 44, <br /> Section 53E 1/2, to be expended under the direction, of the Council on. Aging, in order to place <br /> anticipated revenues collected from program income which shall be used to further the <br /> operation of programs under the Council on Aging, and to establish the limit on expenditures <br /> from said account for Fiscal Year 1998 at $5,000. <br /> Motion p�asses at 7,-54 p.m. <br /> Article 15 <br /> To see if the Town will vote to re-authorize the revolving Leisure Services Account through the <br /> Town. Accountant's office in accordance with Massachusetts General Laws, Chapter 4,4,, Section <br /> 53E 1/2, to be expended under the direction of Leisure Services, in order to place anticipated <br /> revenues collected from program income which shall be used to further the operation of <br /> programs under Leisure Services, and to establish the limit on expenditures from said account <br /> for Fiscal Year 1998 at $22,000. <br /> Submitted by Leisure Services <br /> Explanation,,* Revolving account is required in order to receive and disburse funds generated <br /> through. prograins supported by such revolving fund. Revenues must be used to o�ffset exp�enses <br /> of these programs <br /> Anticipated Budget: <br /> Revenues: $2200 <br /> Expenditures: $221000 <br /> 17 <br />