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07/10/2025 FINANCE COMMITTEE Minutes (2)
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07/10/2025 FINANCE COMMITTEE Minutes (2)
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6/1/2026 5:02:21 PM
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Mashpee_Meeting Documents
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FINANCE COMMITTEE
Meeting Document Type
Minutes
Meeting Date
07/10/2025
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[Type here] <br /> Fi nCom-Regular Session <br /> July 10,2025 <br /> A request for an end-of-year appropriation transferwas presented to the Finance <br /> Committee. In accordance with Chapter44, Section 33B of the Massachusetts <br /> General Laws, the Select Board, with the approval of the Finance Committee, may <br /> authorize transfers between departmental appropriations within the same or other <br /> departments during the months of May and June, and the first 15 days of July. <br /> The proposed transfer is in the amount of$600, moving funds from the Historical <br /> Commission's ProfessionaVTechnical Expenses to the Historical Commission's <br /> Temporary Salary. <br /> Craig Mayen and Dawn Thayer were in attendance to provide clarification regarding <br /> the requested transfer. They explained that the funds are needed to cover the salary <br /> of a part-time, seasonal employee. This employee worked slightly more hours than <br /> originally anticipated and they are requesting the funds to address the shortfall. <br /> Motion made by Greg McKelvey to transferthe stated amount of$600 from the <br /> Historical Commission's Professional/Technical Expenses to the Historical <br /> Commission's Temporary Salary. <br /> Motion seconded by Jamie Schuh <br /> Motion passed 5-0 <br /> Roll Call Vote <br /> Jeffrey Pettengill, yes; Jamie Schuh,yes; Greg McKelvey, yes; Keith Machado, yes; Anne <br /> Schnader,yes. <br /> A request for an end-of-year appropriation transferwas presented to the Finance <br /> Committee. In accordance with Chapter44, Section 33B of the Massachusetts <br /> General Laws, the Select Board, with the approval of the Finance Committee, may <br /> authorize transfers between departmental appropriations within the same or other <br /> departments during the months of May and June, and the first 15 days of July. <br /> The proposed transfers: <br /> 1 .) $15,960 from account 01 7531 01-5925 to account 1 7501 01-591 5 <br /> 2.) $98,700 from account 01 7531 01-5925 to account 01 751 1 01-591 5 <br /> 3.) $3,00 from account 01 1 451 05-5380 to account 01 1 451 03-5380 <br /> Craig Mayen, Dawn Thayer, and Assistant Town Manager WayneTaylorwere in <br /> attendance to provide clarification regarding the requested transfer. It was <br /> explained that the transfer involved reallocating bond interest expenses to the <br /> appropriate accounts. While it was understood that interestwould be associated <br />
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