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Town clarifies InvestFest travel funding: special donations, not taxpayers

Greenberg Town Board · August 20, 2024
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Summary

Commissioner Terrence briefed the board on InvestFest youth trip logistics and costs, explaining participants and donations cover most expenses. The board confirmed the previously passed resolution (CR 1 dated 08/14/2024) and asked for participant debriefs after the trip.

The board addressed an unscheduled agenda item: a report on InvestFest, a financial‑literacy event the town is sending youth to through a program tied to Invest West and Earn Your Leisure.

Commissioner Terrence summarized the program and cost breakdown: the organizing partners covered airfare, transportation and event tickets, while lodging for TDYCC participants was about $10,140. TDYCC charged a $150 participation fee for 32 students (totaling $4,800), which goes back into the special donations line. Terrence said, "There is no taxpayer dollars for this program," clarifying that the town’s share comes from a special donations budget line.

The clerk read resolution CR 1 dated Aug. 14, 2024, authorizing personnel from the Department of Community Resources to travel to InvestFest in Atlanta from Aug. 22, 2024, through Aug. 26, 2024, at a total cost not to exceed $11,000, with $4,800 to be paid by participants; the board confirmed that resolution had passed. Several members asked that the resolution wording be updated to emphasize that taxpayers will not pay the student costs and to include a record of community benefits returned by the program.

Board members requested post‑trip accountability: brief written testimonials or a short debrief to the town so residents can judge program value. Terrence agreed to provide a debrief and any additional supporting materials that clarify funding and outcomes.

Next steps: staff to update resolution language for the public record as necessary and provide a post‑trip summary or testimonials from participants.

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