Loading...
HomeMy WebLinkAbout2023-07-11-AC-min-attSummary of Requested FY2023 End-of-Year Budget Adjustments Department Salary Adjustment EOY Transfer Reserve Fund Revolving Fund Total Adjustment Health Department $0 $0 $0 $10,000 $10,000 Police Department $187,000 $0 $0 $0 $187,000 Select Board $0 $13,000 $0 $0 $13,000 Town Manager $0 $12,800 $0 $0 $12,800 $187,000 $25,800 $0 $10,000 $222,800 TO:Appropriation Committee & Select Board SUBJECT:Request for End of Year Transfer between Departmental Line-Items 1.Amount requested: 2.To be transferred to: Property & Liability Insurance 3.To be transferred from: Town Manager - Professional Services 4.Present balance in Appropriation: 5. Explanation for purpose of transfer: Action of Select Board: Approved Disapproved Action of Appropriation Committee: Approved Disapproved Town of Lexington Request is hereby made for the following transfer between line-items as appropriated via a vote of Annual Town Meeting, in accordance with M.G.L. Chapter 44, Section 33B, paragraph (b), as amended by the Municipal Modernization Act. $12,800.00 11915002-520000 Account Name Account Number 11123002-53000 Account Name Account Number $23,289.00 Date Transfer voted in the sum of: Chair, Appropriation Committee Department Head Date Transfer voted in the sum of: $12,800.00 Chair, Select Board The Town has acquired a Builder's Risk insurance policy for Town buildings that are under construction including the Police Station and Westview Cemetery building. This expense was not included in the original FY2023 budget and was not fully covered by the current year budget adjustment approved at the 2023 Annual Town Meeting. An additional $12,800 is needed to cover the policy premium. $12,800.00 Kelly Axtell EOY ALLBudgetTransfers_YE_FY2023_7.7.23 FY2023 TO:Appropriation Committee & Select Board SUBJECT:Request for End of Year Transfer between Departmental Line-Items 1.Amount requested: 2.To be transferred to: PEG Access - Lexmedia Contract Serv. 3.To be transferred from: Select Board - Contractual Services 4.Present balance in Appropriation: 5. Explanation for purpose of transfer: Action of Select Board: Approved Disapproved Action of Appropriation Committee: Approved Disapproved Town of Lexington Request is hereby made for the following transfer between line-items as appropriated via a vote of Annual Town Meeting, in accordance with M.G.L. Chapter 44, Section 33B, paragraph (b), as amended by the Municipal Modernization Act. $13,000.00 11126002-520000 Account Name Account Number 11122002-520000 Account Name Account Number $19,825.00 Date Transfer voted in the sum of: Chair, Appropriation Committee Select Board Clerk Date Transfer voted in the sum of: $13,000.00 Chair, Select Board The PEG Access account has occurred more expense than anticipated in the FY2023 budget inlcuding an increase in rental expense for Kline Hall and legal services expense to negotiate new agreements with cable providers. A transfer from the Select Board's Contractual Service account will cover these additional expenses for FY2023. $13,000.00 Kim Katzenback EOY ALLBudgetTransfers_YE_FY2023_7.7.23 FY2023 TO:Select Board SUBJECT:Request for Transfer from Salary Transfer Account 1.Amount requested: 2.To be transferred to: 3.Explanation for purpose of transfer: Chief Michael McLean Action of Select Board: Approved Disapproved Transfer voted in the sum of: Account Name Account Number Town of Lexington Request is hereby made for the following transfer from the Salary Transfer Account as appropriated via vote of Annual Town Meeting: $187,000.00 Police - Regular Wages 11210001-511000 During fiscal year 2023 the Town reached collective bargaining agreements with Police Department unions, including Patrol and Dispatch unions for fiscal years 2022 and 2023, and Police Superiors and Crossing Guards for fiscal year 2023. Salary increases for these contracts were not included in the voted Police Department budget, and therefore retro payments for prior and current year are eligible to be covered by a transfer from the Town Manager's Salary Reserve Account. Patrol and Dispatch units are now settled through FY2026 and Police Superiors and Crossing Guards are settled through FY2025. The Town's Salary Reserve account has a balance of $907,759 which is adequate to cover this transfer. Department Head Date $187,000.00 Chair, Select Board SA ALLBudgetTransfers_YE_FY2023_7.7.23 FY2023 TO:Appropriation Committee & Select Board SUBJECT:Request for Increase of Authorization of Departmental Revolving Funds 1.Revolving Fund to be Increased: 2.Original Authorization 3.Amount of Increase Requested 4.Revised Authorization 5. Explanation for purpose of authorization increase: Department Head Action of Select Board: Approved Disapproved Authorization voted in the sum of: Action of Appropriation Committee: Approved Disapproved Authorization voted in the sum of: Town of Lexington Request is hereby made for an increase in the authorization of a Departmental Revolving Fund authorized via vote of Annual Town Meeting in accordance with MGL, Chapter 44, section 53E½. Health Revolving Fund $45,000 Chair, Appropriation Committee $10,000 $55,000 The Health Department has recently expanded the Town's vaccine program to include all adult vaccines (in addition the existing flu vaccine program). The department will be reimbursed for both the cost and administration of this expanded program and therefore will generate revenue to offset the additional expense in the revolving fund. The spending limit for the Health Revolving fund was doubled for FY2024 to cover this expanded vaccine program (Article 9 of 2023 ATM). Date $55,000 Chair, Select Board Date $55,000 Joanne Belanger Revolving Fund ALLBudgetTransfers_YE_FY2023_7.7.23 FY2023