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Hubbardston Cultural Council reviews FY ledger, approves using $330 administrative allotment for promotion
Summary
At its Oct. 7 meeting the Town of Hubbardston Cultural Council reviewed fiscal-year ledger discrepancies and agreed to use the council's $330 administrative allotment for promotional materials and outreach ahead of the next grant cycle; the decision reduces next cycle's grant pool by $330.
The Town of Hubbardston Cultural Council reviewed year-end ledgers and agreed to use the council’s $330 administrative allotment this grant year for outreach and promotional materials, reducing next year’s grant pool by that amount.
The council’s treasurer, Connie, presented ledger details showing carryovers and invoice timing that affected FY balances. "At the end of FY '24, the budget ending balance was $6,833," Connie said, describing a payment posted June 30 that rolled into FY '25. She told members the ledger shows a current available grant balance of roughly $6,128.72, with $2,691.50 spent since July 1 and $1,760 encumbered for four…
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