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Library trustees review April finances, schedule BOS budget meeting
Summary
At the May 12 Paul Memorial Library trustees meeting, board members reviewed April balances (General fund $12,441.53; Donation account $5,210.45), noted manifest totals, and arranged a May 19 meeting with the Board of Selectmen to review a line-item budget and trust funds.
Paul Memorial Library trustees reviewed the library's April financial statements and scheduled follow-up with the Board of Selectmen.
The treasurer reported a General fund balance of $12,441.53, a Donation account balance of $5,210.45 and a petty cash drawer of $411.93. The month's manifest listed expenses of $1,452.22 and income of $13,394.18. According to the minutes, Win Fream will follow up with the Board of Selectmen on invoices for oil and electricity and asked to get the library's full line-item budget, including Trustees of the Trust (TOT) items, on the BOS agenda for May 19.
Trustees also discussed moving $2,500 from the Donation account to the General fund; the minutes indicate Mike was to execute the banking transfer (status marked "Complete?"). The board accepted minutes from the April 20, 2026 meeting earlier in the session.
The trustees listed additional finance-related follow-ups including clarifying timing for trust disbursements and scheduling an annual meeting with the TOT. The board set the next full meeting for June 8, 2026.
