2/9/16 Board of Audit Minutes
TOWN OF CRANE LAKE
BOARD OF AUDIT MEETING
February 9, 2016
The February 9, 2016 Board of Audit Meeting was called to order by Chairman Jim Janssen at 7:00PM, at the Crane Lake Chapel Fellowship Hall with the Pledge of Allegiance recited by those in attendance including: Supervisors Butch Eggen, Jim Janssen and Jerry Pohlman, Treasurer Traci Bak, Clerk Jo Ann Pohlman and 2 members of the community.
There were no additions to the Agenda.
Minutes – The minutes of the 2015 Board of Audit Meeting were previously approved at the 3/10/15 Annual Meeting.
Treasurer’s Report for Fiscal Year 2015 – Traci read the following Cash Control Statement for 2015: Beginning Balance – $125,601.53; Total Receipts – $197,346.39; Total Disbursed – $178,931.38 with an Ending Balance of $144,016.54. A motion was made by Jerry, supported by Butch, to approve the Treasurer’s Report for Fiscal Year 2015. All voted in favor and the motion carried.
Review/Inspection of Clerk & Treasurer Ledgers and Books: The Supervisors inspected the Clerk and Treasurer’s Reports and Books for fiscal year 2015 and found them to be in clear and correct order.
Review Projected Revenues & Expenditures for 2016: The Supervisors reviewed the Projected Revenues & Expenditures for 2016.
Approve Revision of 2016 Budget: A motion was made by Butch, supported by Jerry, to revise the 2016 Budget by moving $2,500.00 Boat Races Expense to Town Celebrations General Expense, increasing Town Celebrations General Expense from $300.00 to $2,800.00. All voted in favor and the motion carried.
Review Proposed 2017 Budget: The Supervisors reviewed the proposed budget presented by the Budget Committee. The following adjustments were made to Receipts – Hotel/Motel Tax Town 5% was decreased from $3,600.00 to $3,100.00; CLVTB Lodging Tax 95% was decreased from $72,000.00 to $62,000.00. CLVTB Lodging Tax Payment was decreased from $72,000.00 to $62,000.00. A motion was made by Butch, supported by Jerry, to accept the 2017 budget and levy request as submitted by the Budget Committee to be presented to the citizens for approval at the 2016 Annual Town Meeting. All voted in favor and the motion carried. An increase was made to the Tax Levy-General Fund from $25,000.00 to $35,000.00. The $10,000.00 levy increase was attributed to Community Development Expense, changing that figure from $17,000.00 to $27,000.00. A motion was made by Jim, supported by Jerry, to accept the 2017 budget and changed levy request to be presented to the citizens for approval at the 2016 Annual Town Meeting. All voted in favor and the motion carried.
There being no further business, the meeting was adjourned at 7:45PM.
Jo Ann Pohlman, Clerk Jim Janssen, Chairman
This draft of the Crane Lake Township minutes has been posted solely for preliminary informational purposes. Minutes are unofficial and subject to change until they have been approved by the Crane Lake Board of Supervisors.