MONTHLY BOARD MEETING – November 11, 2020
Chair Laura Rusk called the Board of Supervisors meeting to order at 5:30 p.m.; present were Laura Rusk, Kay Ryan, Jim Dier, Patty Swaffield and Cindy Gutsch.
The October 14, 2020 Monthly Board Meeting minutes were reviewed; no changes were heard; minutes approved.
Treasurer’s Report:
$108,772.05 09/30/2020 Bank Statement Balance
$ 0.00 Less 0 Outstanding Checks
$103,772.05 10/01/2020 Beginning Check Book Balance
October Bank Statement Activity
$ 54,057.39 PBM Deposits
$ 24,257.74 Frandsen Deposits
$ 3.41 PBM Interest Earned
$ 1.73 Frandsen Interest Earned
$ -5,645.82 PBM Checks Cleared
$ -6,477.58 Frandsen Checks Cleared
$ -3.35 Frandsen Service Charge
$174,965.57 10/31/2020 Bank Statement Balance
$ -9,404.82 Less 3 Outstanding Checks
$165,560.75 10/31/2020 Ending Check Book Balance
MMDA
$ 43,725.25 Beginning Balance
$ 3.24 PBM Interest Earned
$ 1.73 Frandsen Interest Earned
$ 76,306.40 Room Tax Deposits
$120,036.53 10/31/2020 Ending Bank Statement Balance General Fund $77,036.53
Highway Fund $43,000.00
$285,597.28 Total all Accounts
The Treasures report was reviewed; no changes were heard; Treasurers report approved.
NEW BUSINESS:
MOTION: Moved by Ryan, 2nd Dier to ADOPT THE 2021 BUDGET; all in favor; motion carried
MOTION: Moved by Dier/ 2nd Ryan to APPROVE PAYMENT OF DISBURSEMENTS AND PAYROLL for checks #17122 to #17136 & electronic payments from 10/15/20 to 11/11/2020 for a total expenditure of $81,159.85; all in favor; motion carried.
The Chair ended the meeting at 5:38 p.m.
Patricia R. Swaffield, Clerk