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Clifton treasurer reports strong event revenues and outlines FY2019 budget work session schedule
Summary
Town Treasurer Marilyn Barton presented detailed financial statements showing total town funds of $1,181,435.95, strong revenues from the 2017 Haunted Trail (net $37,585.98) and Homes Tour fundraising ($9,298.21), and proposed a schedule of budget work sessions ahead of public hearings in May and June.
The Clifton Town Council received a detailed Treasurer’s Report on Feb. 6 showing total town funds of $1,181,435.95 and summaries of recent event revenues and expenditures.
Town Treasurer Marilyn Barton (via materials distributed in advance and summarized at the meeting) highlighted event income and balances: the 2017 Haunted Trail generated $49,790.53 in gross revenues with expenses of $12,204.55 for a net of $37,585.98 as of Jan. 31; Homes Tour fundraising totaled $9,298.21. The Treasurer’s materials also listed cash balances, certificates of deposit and money-market holdings; the Summary of Cash Balances was included in the packet. The report noted $1,105.79 in BPOL taxes received in January and a 25 percent year‑to‑date increase in motor vehicle fees compared with the previous year.
Barton outlined the process and schedule for FY2019 budget work sessions: proposed meetings on March 20, April 10 and (if needed) April 17, with a public hearing advertised on April 24 and the public hearing scheduled for May 1; budget adoption was scheduled for the Council meeting on June 6. Barton also noted supplemental schedules were available and invited Council members to request additional schedules if desired.
Councilmember Nickum moved to approve the Treasurer’s Report; the motion passed by poll vote, 6-0. The Treasurer’s email and attached financial schedules were referenced in the meeting packet and the Clerk prepared the minutes documenting the report.
Next steps: Council will proceed with the proposed budget work-session schedule and a public hearing on May 1 before adopting the FY2019 budget on June 6.
