PROGRESS! REPORT SHOW CLAVERACK'S FINANCIAL POSITION VERY SOUND
At the Monday May 23, 2016 monthly workshop meeting of the Claverack Town Board, officials received a briefing from A. Michael Bucci, CPA and Lisa Gill of the town’s accounting firm of Pattison, Koskey, Howe & Bucci, CPAs, P.C. During the workshop, Bucci and Gill provided financial highlights of the town’s 2015 operating results as summarized in the Annual Update Document (AUD) that is submitted by the firm on behalf of the town. The information that Bucci and Gill presented was well received and generated discussion among the town board and its other elected officials in attendance. In summary, the Town of Claverack’s overall financial situation is very sound. The town General A fund, which accounts for the general public services of the town, ended the 2015 calendar year with unassigned fund balance (savings) of $721,731 or 75% of the total budgeted appropriations for the town’s general fund. This was up approximately $66,000 from 2014. Better than projected revenues, in combination with the town’s keeping expenditures below budgeted levels, contributed to the successful 2015 financial year. Mr. Bucci explained that the conservative nature of the budget process for revenues, and the town board’s vigilance over expenditures, were the main reasons behind these results. Mr. Bucci went on to praise town officials and staff for doing a very good job of controlling expenses despite many challenges. Reliance on savings (fund balance) is down significantly, putting the Town of Claverack in a healthy financial position. Also in the May 23rd meeting, Ms. Gill discussed water usage and budget strategies for 2016 forward, and Mr. Bucci stressed the need for a memorandum of understanding with the town’s water supplier (neighboring Town of Greenport) to lock in rates for water usage at or below the cost of living increases. Town Supervisor Clifford “Kippy” Weigelt thanked Bucci, Gill, and town officials for their part in moving Claverack in a positive financial direction. “Safeguarding the people’s money is one of the most important things that we do as elected representatives,” said Weigelt. “Our team is doing a great job, working together, to control spending and reducing our dependency on cash reserves. We’re making good progress, and this report confirms that,” Weigelt added. MILLBROOK ROAD BRIDGE – DONE! After years of delay and indecision, the Millbrook Road bridge has been replaced and opened to traffic. This bridge was closed in 2010 due to extreme deterioration and has been closed ever since, forcing emergency services and local residents to use alternate routes. We made resolving the Millbrook Road bridge issue a top priority and are happy to be able to call this project complete. An official (ceremonial) opening of the new bridge is being planned for the near future. LEARN TO USE SOCIAL MEDIA FOR SMALL BUSINESS AT THE CLAVERACK LIBRARY The Claverack Free Library invites all these people and other local entrepreneurs to two workshops on how to use Social Media for Small Business. Attendees at the first workshop on Thursday June 30 at 5:30 PM will learn about web sites and search engine optimization (SEO). The second workshop on Thursday July 14 covers Instagram, Facebook, Twitter, Thumbtack, e-vites, list-serves, and blogs. More Info here. HAMLET PARK BEAUTIFICATION PROJECT A beautification project was initiated last year at the Claverack Hamlet Park at the intersection of Route 9H and Route 23, with the installation of a sculpture of potted flowers on the south side of the park. We’d like to begin planning additional upgrades to the park and are seeking interested individuals to sit on a committee to help brainstorm, design, and organize these upgrades. Donations are being sought as well. If you are interested in serving on this committee, please email [email protected].
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