HomeMy Public PortalAboutTransfer of Funds - Snow and Ice 2010 TOWN OF WATERTOWN
1636 Office of the Town Manager
Administration building
149 Main Street
Watertown, MA 02472
P's Y Phone: 617.972.6465
Fax: 617.972.6404
wweawatertown-nia.gov ,
Michael J. Driscoll towumgrCc!?watertown-nia.gov
Town Manager
To: Honorable Town Council
From: Michael J. Driscoll, Town Manager
Date: April 6, 2010
RE: Agenda Item—Transfer of Funds
As you recall, pursuant to the provisions of Chapter 44, Section 3 1 D of the
Massachusetts General Laws, the Honorable Town Council voted on February 23, 2010
to authorize expenditures in excess of available appropriations for snow and ice removal
for the remainder of the Fiscal Year. As stated at the February 23, 2010 Town Council
Meeting, action on the Fiscal Year 2010 Snow and Ice Removal deficit needs to be taken
prior to the end of the Fiscal Year in order to avoid raising the deficit in the Fiscal Year
2011 Budget/Recap.
The Fiscal Year 2010 Snow and Ice Removal Budget, excluding the Replacement
of Equipment account, is $609,500. Expenditures to date total $702,324 and results in a
Snow and Ice Removal deficit of$92,824 (see attachment).
Therefore, in order to find this deficit, I respectfully request the attached transfer
of$92,824 be placed on the April 13, 2010 Town Council Agenda.
Thank you for your consideration in this matter.
cc: Gerald S. Mee, Jr„ Superintendent of Public Works
Sue Tamber, Deputy Superintendent of Public Works
Phyllis L. Marshall, Town Treasurer/Collector
Daniel A. Loughlin, Town Assessor
Thomas J. Tracy, Town Auditor
Town of Watertown
FY 2010
Snow and Ice Deficit
Surplus/
Budget Actual (Deficit)
Personnel Services $ 157,000 $ 166,256 $ (9,256)
Supplies & Services $ 452,500 $ 536,069 $ (83,569)
Sub-Total $ 609,500 $ 702,324 $ (92,824)
Capital Expenses $ 60,000 $ 60,000 $
Total Snow & Ice $ 669,500 $ 762,324 $ (92,824)
TRANSFER AMOUNT$92,824
FROM: FY 10 TOWN COUNCIL RESERVE $ 92,824
0111152-570780
TO: FY 10 SNOW AND ICE OVERTIME $ 9,256
0142351-510130
FY 10 SNOW AND ICE RENTAL OF EQUIPMENT $ 56,933
0142352-520271
FY 10 SNOW AND ICE SAND AND SALT $ 26,635
0142352-550533
1 hereby certify to the availability, authority of funding source, mathematical accuracy
and
/appropriate fiscal year.
D E /&2
TOWN AUDITO