Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Finance manager details town‑meeting transfers and FY24 audits; retained earnings used to cover projects
Summary
Airport finance staff reported FY24 financial and PFC audits are complete with no issues and outlined multiple proposed transfers and uses of retained earnings to fund capital articles and cover prior‑year project shortfalls ahead of Town Meeting.
The commission reviewed finance items related to FY24 audits and proposed Article transfers for the upcoming Town Meeting. Finance manager Maria Basheva said the FY24 financial statement and passenger facility charge (PFC) audits were completed and submitted, and that no issues required commission action.
Basheva reviewed Article 2 (unpaid bills) and Article 3 (prior‑year appropriations/transfers), explaining that transfers are recommended to avoid ending the fiscal year in…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
