Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
Treasurer: board has spent 78% of its budget, outlines payroll handling
Summary
The library treasurer reported the board has spent about 78% of its budget and described forthcoming payroll and warrant procedures; board members discussed reimbursements and grant-related expenses.
At the meeting the Treasurer (speaker 2) presented the monthly financial update and said, "We have spent 78% of our budget," adding that the board is about a quarter of the way through the fiscal year and has received quarterly town allotment numbers.
The Treasurer noted some expenses currently listed are not grant-reimbursable (including grant-writer fees and some staffing costs) and described a plan to attach payroll check warrants to monthly reports to create a clearer paper trail before the town treasurer cuts payroll. Board members acknowledged the update and asked for clarification on taxes and payroll entries, which the Treasurer said will be reflected on the October check report.
