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Council adopts ordinance requiring annual CPA financial report to city council
Summary
Council voted to amend ordinances to require the Community Preservation Act committee to submit an annual financial communication by the first council meeting in March detailing balances, deposits, withdrawals, encumbrances and payroll/consultant costs; the council passed the measure after minor wording amendments.
The Holyoke City Council voted on Feb. 17 to amend city ordinances to require the Community Preservation Act (CPA) committee to submit an annual communication to the city council by the first meeting in March. The report must include the most recent account balances, where funds are deposited or invested, dates and amounts of deposits from the Commonwealth, the…
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