Planning commission hears budget constraints, grant limits discussed
Clerk Pamela J. Spaulding reported the commission cannot create a reserve fund from unused grant monies, noted that Municipal Grants can provide up to $50,000 for a single case, and said the commission may increase its budget request to $5,000 for the next fiscal year while currently able to request $30,000 without additional outside funding.
The full story
Pamela J. Spaulding updated the commission on budget matters and grant limitations. She said the commission is unable to create a reserve fund from unused grant monies and that Municipal Grants can award up to $50,000 for a single case. Spaulding said the commission could increase its budget request to $5,000 for the next fiscal year and added that, as currently structured, the commission can request $30,000 without obtaining additional funding from another source; the transcript’s phrasing mixes these amounts and the commission indicated follow-up is needed to confirm exact limits.
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