HomeMy WebLinkAbout2011-ATM-CV-ARTICLE 19-ESTABLISH SPRECIAL STABILIZATION FUND-RESERVE FOR FUTURE PAYROLL OF NORT1l q
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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)688-9557
E-mail Bradshaw(dtownofnorthandover.com
This is to certify that the following vote was taken on Article 19 at the Dissolved
Annual Town Meeting for the Town of North Andover held June 7, 2011:
Article 19. Establishment of Special Stabilization Fund-Reserve for Future Payroll.
Unanimous vote to "Take No Action" to establish a special stabilization fund for the purpose
of reserving funds to pay expenses related to fiscal years when additional payroll money must
budgeted due to calendar changes and to raise and appropriate a sum of money to be placed in
that fund.
VOTED JUNE 7, 2011