Before reading the following, consider this:
Special town meeting, October 20, 2016 - article 2: FY2017 operating budget supplement
"On a motion duly made & seconded the town voted to amend the 2017 annual town budget as voted in article 4 at the annual town meeting to add the sum of eighty seven thousand five hundred one dollars and no cents to the long term debt service line of that budget (account # 100-710-700-59-5910-0000) and further to transfer said sum from the stabilization fund to pay for the foregoing.
defeated at 7:56 by hand count requested by seven or more voters Yes 237 / No 226??
That is what the report states on the Templeton Town web site via town clerk.
A case against that transfer was made by the Advisory Committee, I spoke specifically against it, there being such a small amount of funds in those three funds (approximately $142,000.00, as presented by the town accountant) I am glad the transfer was defeated especially now after the audits which seems to show a totally different and lower amount in the funds???
Anyone else wish the selectmen had stuck with the slower more detailed audit in process before the switch to the faster audits? But then when your agenda is get a school project online regardless of the costs or consequences, what else would you expect. Perhaps that is why the accountant did not wish to release the information on the stabilization funds, just my thought.
I know, ask the selectmen, as they now provide answers when asked, according to their spokesperson.
Good Day:
Per your request; the balances we now show, as a result of the audit(s) for the several stabilization funds are:
General Stabilization $95,334.28
Pajari Stabilization $9,263.90
Capital Stabilization $1,958.95
Total $106,557.13
Many Thanks
Carter Terenzini
Interim Town Administrator
Town of Templeton
160 Patriots Road
East Templeton, MA 01438
(978) 894-2753
posted by Jeff Bennett