2015-Annual Town Report - Laserfiche WebLink

Home Browse Search

Article 14 Programs and expended for the purpose of paying such wages, benefits, and other related costs and To see if the Town will vote to re-authorize the Library expenses as are necessary to conduct Recreation Revolving Account, through the Town Accountant's Department Programs; and to establish the limit on Office,in accordance with M.G.L.Chapter 44,§53E�6, expenditures from said account for FY 2016 at to be expended under the direction of the Library $450,000,or take any other action relating thereto. Board of Trustees, in order to place anticipated rev- enues collected from fines and fees, which shall be Submitted by the Recreation Department used to further the operation of programs and services under the Library, and to establish the limit on expen- Explanation: This revolving account is required in ditures from said account for FY 2016 at $15,000, or order to receive and disburse funds generated through take any other action relating thereto. programs supported by such revolving fund. Revenues must be used to offset expenses of these Submitted by the Library Board of Trustees programs. The Recreation Department, through its agents, will manage this account. Explanation: This revolving account is required in order to receive and disburse funds generated through The Board of Selectmen recommends approval by services supported by the revolving fund such as pur- a vote of 5-0. chasing supplies and library materials, as well as per- sonnel and program expenses. Revenues will be used The Finance Committee recommends approval by to offset expenses related to these programs. a vote of 6-0, 1 absent. The Board of Selectmen recommends approval by Motion made by Selectman Michael Richardson. a vote of 5-0. Motion: I move the Town vote to reauthorize the The Finance Committee recommends approval by Recreation Revolving Account through the Town a vote of 6.0, 1 absent. Accountant's Office in accordance with Massachusetts General Laws, Chapter 44, §53E6, to Motion made by Selectman Wayne Taylor. be expended under the direction of the Recreation Department, said account to be funded by revenues Motion: I move the Town vote to re-authorize the collected from the various Recreation Department Library Revolving Account, through the Town Programs and expended for the purpose of paying Accountant's Office, in accordance with M.G.L. such wages, benefits, and other related costs and Chapter 44, §53E�i, to be expended under the direc- expenses as are necessary to conduct Recreation tion of the Library Board of Trustees,in order to place Department Programs; and to establish the limit on anticipated revenues collected from fines and fees, expenditures from said account for FY 2016 at which shall be used to further the operation of pro- $450,000. grams and services under the Library,and to establish the limit on expenditures from said account for FY Motion passes unanimously at 8:08 PM. 2016 at $15,000. Article 16 Motion passes unanimously at 8:07 PM. To see if the Town will vote to rescind the authority to Article 15 issue the following un-issued balances of authorized bonds or notes pursuant to the votes adopted under the To see if the Town will vote to reauthorize the following articles to the extent said authority has not Recreation Revolving Account through the Town been previously exercised, or take any other action Accountant's Office in accordance with relating thereto. Massachusetts General Laws, Chapter 44, §53EVZ, to be expended under the direction of the Recreation Submitted by the Town Treasurer Department, said account to be funded by revenues collected from the various Recreation Department 60