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Article 8 <br /> To see if the Town will vote to reauthorize the Leisure Service Revolving Account through the <br /> Town Accountant's Office in accordance with Mass. General Laws, Chapter 44, Section 53E 1/2, <br /> to be expended under the direction of the Leisure Service Department, in order to place <br /> anticipated revenues collected from program income which shall be used for the purpose of <br /> paying wages and benefits to conduct said Leisure Service programs, and to establish the limit <br /> on.expenditures from said account for Fiscal Year 2002 at $31,658, or take any other action <br /> relating thereto. <br /> Submitted by the Leisure Service Department <br /> Explanation: This Revolving Account is required in order to receive and disburse funds <br /> generated through programs supported by.such revolving fund. Revenues must be used to <br /> offset expenses of these programs. The Leisure Service Revolving Account requires annual <br /> authorization to pay full-time salaries through the revolving fund. <br /> Anticipated Budget: <br /> Revenues $31,658 <br /> Expenditures $31,658 <br /> The Leisure Services Department will manage this account through its agent. <br /> Recommendation: The Finance Committee recommends approval. <br /> Motion to be made by Kenneth Marsters. t <br /> I move the Town vote to reauthorize the Leisure Service Revolving Account through <br /> the Town Accountant's office in accordance with Massachusetts General Laws, <br /> Chapter 44, Section 53E 1/2, to be expended under the direction of the Leisure <br /> Service Department, in order to place revenues collected from the various Leisure r <br /> Service Department programs, which shall be used for the purpose of paying wages <br /> and benefits to conduct said Leisure Service programs, and to establish the limit on <br /> expenditures from said account for fiscal year 2002 at $31,658. <br /> 1 ik <br /> t <br /> I r - <br /> li <br /> 1 <br /> f <br /> i <br /> 17 <br /> S <br />