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Addison board approves $127,500 transfers and a $19,266 reallocation

Town Board, Town of Addison · January 21, 2025
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Summary

The Town Board unanimously authorized budget transfers including two $127,500 moves involving DB Checking/DB CSR and a $19,266 transfer from DA8495 to A8453, per the 2024 budget adjustments.

On Jan. 21 the Town Board approved a set of recommended budget transfers tied to the 2024 budget. Council Member Joseph Trappler moved to approve the transfers and Council Member Alice Weale seconded; the motion carried with all five members voting yes.

The transfers recorded in the minutes show $127,500 moved from DB Checking to repay a loan to DB CSR, an additional $127,500 transfer from DB Checking to DB CSR per the 2024 budget, and a $19,266 transfer from DA8495 to A8453 per the 2024 budget. The board took the vote after the transfers were presented; no dissent was recorded.