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Committee backs raising Council on Aging revolving account limit to $60,000 amid rising program revenues
Summary
The Finance Committee recommended the full council increase the Council on Aging Recreational Activities revolving account limit from $40,000 to $60,000 for the fiscal year because program receipts and donations have grown and lead to timing differences between revenue collection and program expenses.
The Finance Committee voted to recommend that the full Gardner City Council increase the spending/deposit limit for the Council on Aging Recreational Activities revolving account to $60,000 for the 2024–25 fiscal year.
The Senior Center Director (name not specified) told the committee that…
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