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Recommendation: The Finance Committee recommends approval. <br /> Motion: I move the Town vote to appropriate and transfer $50,000 from Revenue Available for <br /> Appropriation to the Legal and Engineering Account. <br /> Motion to transfer $50,000 passes with majority vote at 7;56 p.m. <br /> Article 5 <br /> To see if the Town will vote to raise and appropriate or transfer from available funds the sum of <br /> $9,000 to the Medicare Account, the sum of $600 to the Group Insurance Account, the sum of <br /> $4,225 to the Temporary Interest Inside 2 1/2 Account, or take any other action relating thereto. <br /> Submitted by the Treasurer/Tax Collector <br /> Explanation: This article provides funds (Medicare Account) for the Town's share of social <br /> security for part-time employees and Medicare for all employees hired after 3/31/86. The account <br /> is short due to new employees (replacements) and an increase in part-time workers. The Group <br /> Insurance Account is short due to an increase in the number of employees choosing to participate. <br /> The Temporary Interest provides funds for the interest due on funds borrowed for Chapter 90. <br /> This borrowing was approved without provision for the attendant costs. <br /> Recommendation: The Finance Committee recommends approval. <br /> Motion: I move the Town vote to appropriate and transfer $13, 825 from the Snow & Ice <br /> Account to the following accounts: $9,000 to the Medicare Account, $600 to the Group <br /> Insurance Account, and $4,225 to the Temporary Interest Inside 2 1/2 Account <br /> Motion to transfer $13,825 passes at 7:57 p.m. <br /> Article 6 <br /> To see if the Town will vote to raise and appropriate or transfer from available funds a sum of <br /> money to the Interest on Refunds Account, or take any other action relating thereto. <br /> Submitted by the Town Accountant <br /> Explanation: This article will offset the deficit in the Interest on Refunds Account. Interest on <br /> real estate tax abatements must be paid per Chapter 59, Section 64. <br /> Recommendation: The Finance Committee recommends approval. <br /> Motion: I move the Town vote to appropriate and transfer $950 from the Snow & Ice Account <br /> to the Interest on Refunds Account. <br /> 3 <br />