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West Bend finance committee moves transfers, accepts donations and GEMT funds, approves $81,388 in write-offs
Summary
The finance committee authorized a $28,000 transfer to cover Regner Aquapark expenses, accepted three donations totaling $31,000 for park projects, approved acceptance of Wisconsin GEMT reimbursement funds for FY2023, and authorized $81,388.47 in accounts-receivable write-offs.
At its Nov. 10 meeting the West Bend finance committee approved several financial actions affecting parks, fire and ambulance funds.
Finance staff requested a $28,000 transfer from the recreation fund to an expense account to balance the Regner Aquapark project until the remaining pledged donations arrive over the next six years; staff said the aquapark contract and revenues had been $404,000 and that approximately…
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