Category Archives: Board of Selectmen Meeting Minutes

Selectboard Budget Meeting Minutes – December 27, 2016

NEWFANE SELECTBOARD

BUDGET MEETING MINUTES

December 27, 2016

BOARD MEMBERS PRESENT:  Marion Dowling, Carol Hatcher, Todd Lawley

OTHERS PRESENT:   Shannon Meckle

The meeting was called to order at 3:03 p.m. by Todd Lawley, Chair.

EXPENDITURES

The Selectboard members present drafted the budget expenditures, with the exception of wages, social security and retirement.

REVENUE

The Selectboard drafted the budget revenues, with the exception of property taxes.

CAPITAL FUND

The Board discussed the General Fund surplus of $260,368.  A motion was made by Carol Hatcher to transfer the unassigned general fund surplus of $260,368 to be solely dedicated to the Capital Reserve Fund.  The motion was seconded by Todd Lawley. The motion carried unanimously.

NEXT BUDGET MEETING

Items to be discussed:

  • Wages
  • Social Security
  • Retirement
  • Property Tax Estimate
  • Warning
  • Capital

ADJOURN

A motion was made by Marion Dowling and seconded by Carol Hatcher to adjourn at 4:40  p.m.   The motion carried unanimously.

Respectfully Submitted,

Shannon Meckle