HomeMy WebLinkAbout2004 ATM-ARTICLE 15 ESTABLISHMENT OF REVOLVING FUNDS-CERTIFIED VOTE OF NORTH qti
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TOWN OF NORTH ANDOVER
OFFICE OF THE TOWN CLERK
120 MAIN STREET
NORTH ANDOVER, MASSACHUSETTS 01845
Joyce A.Bradshaw,CMMC Telephone(978)688-9501
Town Clerk Fax (978)688-9556
E-mail Bradshaw(dtownofnorthandover.com
This is to certify that the following vote was taken at the Dissolved Annual Town
Meeting for the Town of North Andover held May 10, 11 and 17, 2004:
Article 15. Establishment of Revolving Funds. UNANIMOUSLY VOTED to
authorize the use of a revolving escrow fund for the Fiscal Year 2005 pursuant to Chapter 44
Section 53 e (1/2) of Massachusetts General Law for the funds and purposes presented in the
article, and that the total amount of expenditures for each revolving fund not exceed the
amount detailed under the column "FY2005 limit."
VOTED MAY 10, 2004
REVOLVING ACCOUNTS
Account Revolving Spending FY 2005
Number Fund Authority Use of Funds Revenue Source Limit
Participants fees,
Grants,
Donations, and
All programs and related
Youth Director activities, expense, Fundraising
022-5423-3437 Services CD & S part time help proceeds $ 250,000
Field rental fees,
Grants,
Donations, and
Field maintenance, related
Field Director upgrade and related Fundraising
New Maintenance DPW expenses proceeds $ 20,000
Participants fees,
Grants,
Donations, and
related
Elder Director Senior programs, Fundraising
022-5590 Services CD & S classes and activities proceeds $ 50,000
Clinic participant
fees, Grants,
donations,
related
Health Dept Director Clinic supplies and Fundraising
022-5102 Revolving CD & S other expenses proceeds $ 20,000
Wheelabrator
Wheelabrator Director Air quality Host Service
022-4306 Planning CD & S monitoring Agreement $ 25,000
Director Wheelabrator
Wheelabrator CD & S To enforce Trash Host Service
022-4307 Public Safety Truck regulations Agreement $ 20,000
Wheelabrator Director Protection of health, Wheelabrator
—Health CD & S safety,monitoring air Host Service
022-4308 quality Agreement $ 40,000
Revolving Accounts (Massachusetts General Law Chapter 44, Section 531/2
Account Revolving
Number Fund Balance FY03 FY03 Balance Receipts to Expenditures Balance
7/1/02 Receipts Expenditures 6/30/03 12/31/04 to 12/31/03 12/31/03
022-5423 Youth Services $ 160,124 $ 231,522 $ (183,402) $ 208,244 $ 63,826 $ (137,586) $ 134,484
Field
new Maintenance $ - $ - $ - $ - $ - $ - $ -
022-5590 Elder Services $ 21,496 $ 15,033 $ (32,557) $ 3,972 $ 7,285 $ (2,493) $ 8,764
022-5102 Health Dept $ 11,332 $ 8,091 $ (4,707) $ 14,716 $ 7,235 $ (3,846) $ 18,105
Wheelabrator
022-4306 Planning $ 81,821 $ 25,000 $ (28,874) $ 77,947 $ 25,000 $ - $ 102,947
Wheelabrator
022-4307 Public Safety $ 50,000 $ 11,800 $ (14,139) $ 47,661 $ 7,500 $ (37,911) $ 17,250
Wheelabrator
022-4308 Health $ 74,812 $ 37,029 $ (18,476) $ 93,365 $ - $ (66,101) $ 27,264
VOTED MAY 10, 2004