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HomeMy WebLinkAbout2024-07-11-AC-min-att{W�ySg'�Cpa��O Town of Lexington TO: Appropriation Committee & Select Board SUBJECT: Request for End of Year Transfer between Departmental Line -Items 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. L Amount requested: 2. To be transferred to: Property & Liability Insurance Account Name 3. To be transferred from: Health Insurance Account Name 4. Present balance in Appropriation: 5. Explanation for purpose of transfer: $25,000.00 11915002-520000 Account Number 11914001-519080 Account Number $4,498,149.69 Property & liability insurance premiums are increasing at a rate greater than budgeted in the past two fiscal years; this adjustment will provide a more accurate baseline for budgeting in future years. Additional costs have been added to the budget due to builders risk for the new police department. The General Health Insurance Budget has adequate funds remaining to cover this transfer. Kelly Axtell Department Head Action of Select Board: -ju,4 $ t Za zq Date Approved Disapproved Transfer voted in the sum of $25,000.00 Chair, Select Board Action of Appropriation Committee: Date Approved Disapproved Transfer voted in the sum of $25,000.00 hair, Appropriation Committee ALLBudgetTransfers_YE_FY2024 FY2024 Jt; '_ own of Lexington Si APALry°', r. rtYb'� TO: Appropriation Committee & Select Board SUBJECT: Request for End of Year Transfer between Departmental Line -Items 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. 1. Amount requested: $9,500.00 2. To be transferred to: Board of Health Regular Wages 11512001-511000 Account Name Account Number 3. To be transferred from: Board of Health Contract Services Account Name 4. Present balance in Appropriation: 5. Explanation for purpose of transfer: 11512002-520000 Account Number $21,231.00 In FY2024, the Health Department was separated from Land Use, Housing and Development to become a standalone department. This necessitated regrades for two staff members to reflect increased responsibility; these expenses were not budgeted. In addition, a part-time temporary employee was paid out of Regular Wages to support department operations, but was budgeted in Contract Services. This overage in Health Dept. Personal Services can be covered by a transfer from Health Dept, Expenses. Action of Select Board: Approved Disapproved Transfer voted in the sum of: $9,500.00 Action of Appropriation Committee: Approved Disapproved Transfer voted in the sum of: Joanne Belanger Department Head 2-6ZA Date Chair, elect Board Date $9,500.00 6 �,,'l/1/lir��✓'��� Chair, Appropriation Committee ALLBudgetTransfers_YE—FY2024 FY2024 Town of Lexington TO: Appropriation Committee & Select Board SUBJECT: Request for End of Year Transfer between Departmental Line -Items 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. 1. Amount requested: 2. To be transferred to: Legal Services Account Name 3. To be transferred from: Multiple Lines - Town Manager & Land Use Account Name 4. Present balance in Appropriations: 5. Explanation for purpose of transfer: $96,000.00 ($60,000 from TMO; $36,000 from LUHD) 11151002-530030 Account Number 11123002 & 11174002 Account Number $124,965.00 ($64,455 TMO; $60,510 LUHD) The Legal Services account has occurred more expense than anticipated in the FY2024 budget due to litigation costs and the increase in Affordable Housing related tranasactions. Transfers from the Town Manager's budget and Land Use, Housing & Development (LUHD) will cover these additional expenses for FY2024. Kim Katzenbackl .Tim Malloy Department Head (s) Action of Select Board: L' 2\21 2_6Z Date Approved Disapproved Transfer voted in the sum of: $96,000.00 hair, Select Board Action of Appropriation Committee: Date Approved Disapproved Transfer voted in the sum of: $96,000.00 U4�1114,G'lJ'i� Chair, Appropriation Committee ALLBudgetTransfers_YE_FY2024 FY2024 Town of Lexington TO: Appropriation Committee & Select Board SUBJECT: Request for End of Year Transfer between Departmental Line -Items 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. 1. Amount requested: 2. To be transferred to: Elections Contract Services Account Name 3. To be transferred from: Elections Seasonal PIT Wage Account Name 4. Present balance in Appropriation: 5. Explanation for purpose of transfer: $15,000.00 11162002-520000 Account Number 11162001-512000 Account Number $58,531.78 Poll pad rentals for elections were more expensive than anticipated but created operational efficiencies and reduced need for staff. This request is a transfer from Town Clerk- Elections Personal Services to Town Clerk- Elections Expenses. Mary de Alderete Department Head Action of Select Board: aoa Date Approved Disapproved Transfer voted in the sum of $15,000.00 Cha r, Select Board Action of Appropriation Committee: Date Approved Disapproved Transfer voted in the sum of: $15,000.00 Chair, Appropriation Committee ALLBudgetTransfers YE FY2024 FY2024 � NlryQ Town of Lexington TO: Appropriation Committee & Select Board SUBJECT: Request for End of Year Transfer between Departmental Line -Items 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. 1. Amount requested: 2. To be transferred to: Innovation & Technology Overtime Account Name 3. To be transferred from: Innovation & Technology Townwide $8,000.00 11155001-513000 Account Number Software Support_ 11155002-534040 Account Name Account Number 4. Present balance in Appropriation: 5. Explanation for purpose of transfer: $14,098.79 In FY2024, Innovation & Technology department incurred overtime expenses for the 2024 Annual Town Meeting that were not originally budgeted for. In future years, the Town Meeting tech support budget will be part of the IT Department's budget. This overage in IT Personal Services can be covered by a transfer from IT Expenses. Tim Goncalves Department Head Action of Select Board: duty �, �oZq Date Approved Disapproved Transfer voted in the sum of: $8,000.00 Chair, Select Board Action of Appropriation Committee: Date Approved Disapproved Transfer voted in the sum of: $8,000.00 Chair, Appropriation Committee ALLBudgetTransfers_YE_FY2024 FY2024 �o- rTown of Lexington TO: Appropriation Committee & Board of Selectmen SUBJECT: Request for Increase of Authorization of Departmental Revolving Funds 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 53E%. 1. Revolving Fund to be Increased: 2. Original Authorization 3. Amount of Increase Requested 4. Revised Authorization 5. Explanation for purpose of authorization increase: Compost Operations $875,000 $65,000 $940,000 The Lexington Compost Facility had another remarkable year, with revenues of over $920,000, exceeding the projected amount of $875,000. However, this revenue generates additional expenses, including sales taxes which will result in the fund spending more than originally authorized. The Compost Fund Balance of $726,692 is more than sufficient to cover the increased authorization. Action of Select Board: Approved Disapproved Authorization voted in the sum of: $940,000 Action of Appropriation Committee: Approved Disapproved Authorization voted in the sum of: 3o �N 4I,2ro,z%f _ Date L 4 1--- 1 C air, Select Board Date $940,000 Chair, Appropriation Committee ALLBudgetTransfers YE_FY2024 FY2024