HomeMy WebLinkAboutATM 18 ART 13 Ent Budg Trans1
Town of Nantucket
ulu
OFFICE OF THE
TOWN & COUNTY
CLERK
16 Broad Street
NANTUCKET, MASSACHUSETTS 02554-3590
Catherine Flanagan Stover, MMC, CMMC
Town & County Clerk
(508) 228-7216
FAX (508) 325-5313
Home: (508) 228-7841
Email: cstover@nantucket-ma.gov
flanaganstover@yahoo.com
townclerk@nantucket-ma.gov
WEBSITE: http://www.nantucket-ma.gov
ulu
April 4, 2018
TO WHOM IT MAY CONCERN:
I, Catherine Flanagan Stover, duly elected Clerk of the Town and County of Nantucket, hereby
certify that the April 3, 2018 ANNUAL TOWN MEETING adopted Article 13: “Enterprise
Funds: Fiscal Year 2018 Budget Transfers ” at the April 3, 2018 adjourned session when
“...the adoption of all articles not heretofore acted upon as recommended by the Finance
Committee, or as recommended by the Planning Board, was duly motioned, seconded, and
voted in accordance with the motions recommended by the Finance Committee or, in the
absence of a Finance Committee motion, then in accordance with the motions as recommended
by the Planning Board, as printed in the Finance Committee Report, with technical amendments
brought forward during the course of the meeting…”
TECHNICAL CORRECTION VIA THE MODERATOR: REMOVE:
Airport Fuel Revolving Fund Airport Capital Projects, Seasonal Holdroom $630,000
VOTE: The vote on the motion pursuant to Article 13 as recommended by the Finance
Committee with a Technical Correction brought forward through the Moderator, was by
Unanimous Voice Vote. The motion was adopted.
Catherine Flanagan Stover, MMC, CMMC
Town and County Clerk
ATM 18 Article 13,Page 1 of 2
2
ARTICLE 13
(Enterprise Funds: Fiscal Year 2018 Budget Transfers)
To see what sums the Town will vote to transfer into various line items of Fiscal Year
2018 Enterprise Fund operating budgets from other line items of said budgets and/or from
Enterprise Surplus Reserve Funds; or to take any other action related thereto.
(Board of Selectmen)
FINANCE COMMITTEE MOTION: Moved that the amounts listed below be transferred from
the various accounts listed to the various enterprise fund acco unts listed for Fiscal Year
2018 as follows:
FROM TO AMOUNT
Airport Stabilization Fund Airport Enterprise Fund, Salaries $100,000
Airport Fuel Revolving Fund Airport Capital Projects, Seasonal Holdroom $630,000
Airport Retained Earnings Airport Capital Projects, SRE Snowblower $42,246
Airport Retained Earnings Airport Capital Projects, Lectro Aircraft Tug $61,711
Airport Retained Earnings Airport Capital Projects, Passenger Stair Truck $78,128
Airport Retained Earnings Airport Capital Projects, Interactive Employee Training $22,100
Airport Retained Earnings Airport Capital Projects, Terminal & Fuel Farm Poles &
Lights $31,791
Airport Retained Earnings Airport Capital Projects, Restaurant Enclosure $200,000
Airport Retained Earnings Airport Capital Projects, Repair/Replace Lights &
Roadway $29,871
Airport Retained Earnings Airport Capital Projects, FIDS/Pa Replacement $75,000