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HomeMy WebLinkAbout2006 ATM-CV-ARTICLE 22-WATER ENTERPRISE FUND APPROPRIATION FISCAL YEAR 2007 OF NORTH qti et.lEO is U p 0^yq9 9SSNCHUSES 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)688-9557 E-mail Bradshaw(dtownofnorthandover.com This is to certify that the following vote was taken on June 6, 2006 on Article 22 at the Dissolved Annual Town Meeting for the Town of North Andover held May 8, 2006, June 5, 2006 and June 6, 2006: Article 22. Water Enterprise Fund Appropriation - Fiscal Year 2007. UNANIMOUSLY VOTED that the Town appropriate the amount of$5,226,723, in aggregate, for the purposes listed under the column "FY07 Recommendation: Town Manager, Board of Selectmen, Finance Committee" without regards to individual line items, and to operate the Water Enterprise Fund, that $5,172,001 be raised from Water Receipts and from these receipts $534,632 be transferred to the General Fund for Indirect Expenses and that $54,722 be transferred from Water Enterprise Fund Retained Earnings. WATER ENTERPRISE FY07 Recommendation Town Manager FY06 Department Board of Selectmen Budget Request Finance Committee Personnel 703,192 739,310 739,310 Expenses 1,140,762 1,320,540 1,320,540 Debt Service 2,763,317 2,632,241 2,632,241 Sub-Total Direct Expenditures 4,607,271 4,692,091 4,692,091 Admin/Indirect 499,467 534,632 534,632 Total Water Enterprise 5,106,738 5,226,723 5,226,723 Recommendations: Board of Selectmen: Favorable Action Finance Committee: Favorable Action Planning Board: No Recommendation VOTED JUNE 6, 2006