 |
ADVISORY COMMITTEE
Mary Beth Parker |
2004 |
Scott Powell |
2004 |
Christopher Slade |
2005 |
Joseph Pane |
2005 |
Gwendolen Rogers |
2006 |
David Bosselait |
2006 |
The Bolton Advisory Committee acts as the town's Finance Committee and has the additional responsibility of reviewing and recommending all articles for town meeting. The Committee works closely with the Selectmen, Town Administrator, Town Accountant and Treasurer to keep abreast of the financial needs and financial health of Bolton.
We stay in close contact with the Nashoba Regional School District (NRSD) administration and Finance Advisory Board to keep updated on changes and upcoming needs for services for the region. Since this is the biggest line item in our budget, it is not only important that the Committee understand the NRSD budget but also share with the administration the needs and financial constraints facing our growing town.
Bolton in the coming few years will be facing a number of large capital projects - the Emerson 1952/1922 renovation, a library addition, as well as a new police station. These are all pressing needs but they must be coordinated with the current bonding levels of the town. Our Town Auditor has told us that Bolton's bonding level is high and would like to see it reduced. We work with all these committees in an attempt to schedule these projects without their negatively affecting our present ability to bond future capital projects.
Our winter months are taken up with a detailed review of all town budgets. This is time-consuming work but essential if we are going to plan for the town growth and the corresponding requirements that this entails. We kept in close contact with the Long Range Planning Committee and the subsequent Master Planning Committee in developing the Town Master Plan, the blueprint for the future of the Town of Bolton.
The Advisory Committee also has the additional responsibility of disposing of town property. This year, for the first time, we moved into the electronic world and sold our old fire truck on eBay for more than expected, thus adding a little extra to the general fund.
We have always been lucky to have very dedicated members who donate inordinate amounts of time to the town and the Advisory Committee. Sadly this year we said good bye to Mary Beth Parker and Joe Pane. They contributed a huge amount and will be sorely missed. David Lindsay and Panny Gerken are filling these openings.
Financial Statement
July 1, 2003 to June 30, 2004
Expenses |
|
|
|
Appropriated |
|
|
$ 250.00 |
Expended |
Postage |
$ 50.00 |
|
|
Dues & Membership |
130.00 |
180.00 |
Unexpended balance returned to general fund |
$ 70.00 |
|
|
|
|
Reserve Fund |
|
|
|
Appropriated |
|
|
$125,000.00 |
Transfers approved: |
Town Clerk |
$ 2,410.58 |
|
|
Consultant |
$ 12,000.00 |
|
|
Library |
$ 6,870.40 |
|
|
Town Coordinator |
$ 19,000.00 |
|
|
Veterans |
$ 229.00 |
|
|
Police Department |
$ 21,766.54 |
|
|
Unemployment |
$ 19,549.66 |
|
|
Insurance |
$ 1,725.00 |
|
|
Town Accountant |
$ 580.00 |
|
|
Tax Collector |
$ 2,755.00 |
|
|
Board of Selectmen |
$ 4,000.00 |
|
|
Council On Aging |
$ 1,951.21 |
|
|
Legal |
$ 4.69 |
|
|
Street Lights |
$ 707.21 |
$ 93,549.29 |
Unexpended balance returned to general fund |
$ 26,850.71 |
| |
