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05/02/2011 Annual Town Meeting
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05/02/2011 Annual Town Meeting
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Town Meeting Warrants
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Estimated Revenues <br /> Registration Fees $41320.00 <br /> Toddler Program $901528.00 <br /> 3 & 4 Yo Daycare $2261800.00 <br /> Pre-School Program $321400.00 <br /> Pre-School Camp $31900.00 <br /> Investment Income $21000.00 <br /> Late Fees $200.00 <br /> Total Budgeted Revenues: $3601148.00 <br /> Estimated Expenses <br /> Direct Expenses <br /> Personnel $2941090.00 <br /> Benefits $131733.00 <br /> Operating Expenses $521325.00 <br /> Total Budgeted Expenses: $3601148.00 <br /> Net Profit/loss $0.00 <br /> Explanation: The proposed recreational enterprise fund budget for the next fiscal year will <br /> fund the Recreation Department's operation of a Toddler/Pre-School Program as a self- <br /> sufficient, self-funded operation. All costs related to the operation of the program are projected <br /> to be offset by the program revenues. All surplus of this account at the end of the year will <br /> remain within the account <br /> The Board of Selectmen recommends approval by a vote of 5-0. <br /> The Finance Committee recommends approval by a vote of 5-0. <br /> Motion made by Selectman Wayne Taylor. <br /> Motion: I move the Town vote that the following sums be appropriated for the Kids Kub <br /> Enterprise Fund for Fiscal Year 2012: <br /> Personnel $294,090 <br /> Benefits $13,733 <br /> Operating Expenses $52,325 <br /> Total $360,148 <br /> and that said $360,148 be raised through departmental receipts of the enterprise. <br /> Motion passes unanimously at 8:55 PM. <br />
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