2013-Annual Town Report - Laserfiche WebLink

Home Browse Search

Article 5 Fiscal Year 2014; such sums to be raised from $410,460 in receipts of the Enterprise,or take any other To see if the Town will vote to reauthorize the action relating thereto. Recreation Revolving Account through the Town Accountant's Office in accordance with Massachusetts Submitted by the Recreation Department General Laws, Chapter 44, § 53E I/2 , to be expended under the direction of the Recreation Department, said Estimated Revenues Account to be funded by revenues collected from the Registration Fees $6,025 various Recreation Department Programs and Tuition $404,210 expended for the purpose of paying such wages, Toddler Program (20%) benefits and other related costs and expenses as are 3 &4 YO Daycare (30%) necessary to conduct Recreation Department Programs; Pre-School Program (40%) and to establish the limit on expenditures from said Pre-School Camp (10%) account for Fiscal Year 2014 at $300,000, or take any Investment Income $125 other action relating thereto. Late Fees $100 Total Budgeted Revenue $410,460 Submitted by the Recreation Department Estimated Expenses Explanation: This revolving account is required in Salary(full time) $195,203 order to receive and disburse funds generated through Salary (part time) $108,384 programs supported by such revolving fund. Revenues Benefits (health,life,Medicare) $52,554 must be used to offset expenses of these programs. The Building Expenses $54,319 Recreation Department,through its agent,will manage Total Budgeted Expenses $410,460 this account. Net Profit/Loss $_0_ The -0- The Board of Selectmen recommends approval by a Explanation: The proposed Recreation Enterprise vote of 5-0. budget for next year will authorize the Department to operate a Toddler/Pre-School Program as a self- Finance Committee recommends approval by a vote sufficient, self-funded operation. All costs related to of 6-0; 1 abstention. the operation of the program are projected to be offset by the program revenues. All surpluses of this account Motion made by Selectman Wayne Taylor at the end of the year will remain within the account. i.. Motion: I move the Town vote to reauthorize the The Board of Selectmen recommends approval by a Recreation Revolving Account through the Town vote of 5-0. Accountant's Office in accordance with Massachusetts General Laws, Chapter 44, Section 53E '/2 , to be Finance Committee recommends approval by a vote expended under the direction of the Recreation of 6-0; 1 abstention. Department, said Account to be funded by revenues collected from the various Recreation Department Motion made by Selectman John Cahalane. Programs and expended for the purpose of paying such wages,benefits and other related costs and expenses as Motion: I move the Town vote that the following sum are necessary to conduct Recreation Department be appropriated for the Kids Klub Enterprise Fund for Programs; and to establish the limit on expenditures Fiscal Year 2014: from said account for Fiscal Year 2014 at$300,000. Personnel $303,587 Motion passes unanimously at 7:53 PM. Benefits $ 52,554 Operating Expenses 54,319 Article 6 Total $410,460 To see if the Town will vote to appropriate $410,460 for the operation of the Kids Klub Enterprise Fund for iA> r,. 53 L