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.
The Selectboard members present drafted the budget expenditures, with the exception of wages, social security and retirement.
The Selectboard drafted the budget revenues, with the exception of property taxes.
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:
- Social Security
- Property Tax Estimate
A motion was made by Marion Dowling and seconded by Carol Hatcher to adjourn at 4:40 p.m. The motion carried unanimously.