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Marlborough board transfers $104,623.26 from reserve accounts to the General Fund for park and building improvements
Summary
Resolution No. 88 moves $52,208.61 from the Town Park Reserves and $52,414.65 from the Building Reserve into the General Fund to cover park and building improvement expenditures.
The Town Board adopted Resolution No. 88 to transfer reserve funds into the General Fund to cover specific capital expenditures. The resolution moves $52,208.61 from the Town Park Reserves to budget line A.7110.400 for park improvements and $52,414.65 from the Building Reserve to budget line A.1620.400 for building improvements.
Councilman Molinelli recorded a Yes vote, Councilman Zambito Yes and Supervisor Corcoran Yes; Councilwoman Sessa and Councilman Cauchi were absent. The minutes do not include project-specific vendor or timeline details.
