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Searles awaits Festival of Trees reimbursement; trustees approve $100 contingency
Summary
Trustees recorded that the Festival of Trees project cost $16,800 with Searles providing matching funds and approved a $100 expenditure from the Special Revenue Fund if the festival reimburses $8,400 rather than the $8,500 originally requested.
Lisa Thornton told trustees she submitted the completed Festival of Trees grant and is awaiting reimbursement. The total project cost was $16,800, and Searles provided matching funds. Thornton said she was unsure whether Festival of Trees would reimburse $8,400 or $8,500 (the amount originally requested).
To cover a potential shortfall, trustees voted 8-0 to expend $100 from the Searles Special Revenue Fund if Festival of Trees reimburses only $8,400. The motion was recorded with Lisa Thornton as mover and Ed Daigle as second. No further financial action was taken at the meeting; Thornton will follow up on the exact reimbursement amount.
The trustees’ action preserves the project completion while minimizing immediate impact on the Special Revenue Fund.
