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06/30/2022 FINANCE COMMITTEE Minutes
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06/30/2022 FINANCE COMMITTEE Minutes
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7/18/2022 5:00:22 PM
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7/18/2022 8:49:15 AM
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Mashpee_Meeting Documents
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FINANCE COMMITTEE
Meeting Document Type
Minutes
Meeting Date
06/30/2022
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CAPE COD <br /> wN—=�A,A—= MA=w <br /> June Dl2O22 <br /> Mashpee Town Treasurer <br /> 16 Great Neck Road North <br /> W1ashpee, K1ADZ649 <br /> Dear Town Treasurer: <br /> The figures below represent the assessment to your community for FY2023 based on the budget <br /> approved at the February 17,2DJ2 School Committee meeting. These assessments are based onthe <br /> State Preliminary Required Contributions as supplied by the D.E.S.E based on the Governor's budget. <br /> Your total assessment is$1,O11,446.00. <br /> Following the FY21 Excess and Deficiency certification, it was determined that the balance of the fund <br /> was in excess of the allowable amount.This was largely attributable to favorable interest earnings on <br /> funds from our building project. Due tothis, $1,686JO5.00 will be returned to our sending towns ina <br /> pro-ratashore. <br /> The credit, based upon the enrollment percentage per your town is$123,985.00 and will be deducted <br /> from the 1st assessment. <br /> August 1, 2022 $179,449.00 <br /> November 1, 2O32 $303,434.00 <br /> February 1, 2O23 $202,289D0 <br /> May I, 2O23 $202,289.00 <br /> In addffion the assessment for the capital project is due in FY23 and is payable as follows: <br /> August 1' 2OZ2 $134,106.00 <br /> November 1, 2O22 $134,105.00 <br /> February 1^ 2O23 $89,404.00 <br /> May 1, 2O23 $89,404.00 <br /> Respectfully, <br /> ,—I. "�aA�6- <br /> v <br /> AnthonyTu||iuChoirman <br /> Cape Cod Regional Technical High School <br /> School District School Committee <br />
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