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<p class="MsoNormal">All<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Please find the full budget with all the supporting documentation here:<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><a href="https://www.dropbox.com/s/xroimgxrttbm2t5/FY17BUDGET_NOSALARY.pdf?dl=0">https://www.dropbox.com/s/xroimgxrttbm2t5/FY17BUDGET_NOSALARY.pdf?dl=0</a><o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">I redacted the Administrative, Police, and Public Works salary information. Although it is all public information, I am trying to err on the side of caution with respect to basic privacy concerns.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">JWE<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Some highlights:<o:p></o:p></p>
<p class="MsoListParagraph" style="margin-left:.75in;text-indent:-.25in;mso-list:l0 level1 lfo1">
<![if !supportLists]><span style="mso-list:Ignore">1)<span style="font:7.0pt "Times New Roman"">
</span></span><![endif]>$1500 listed on Page 7 (Mayor and Council OOE) as Sister City Activities is the Mayor’s paid vacation down to Guatemala in June.<o:p></o:p></p>
<p class="MsoListParagraph" style="margin-left:.75in;text-indent:-.25in;mso-list:l0 level1 lfo1">
<![if !supportLists]><span style="mso-list:Ignore">2)<span style="font:7.0pt "Times New Roman"">
</span></span><![endif]>$6500 for a Council retreat in addition to 13,500 for the Ocean City boondoggle? The ‘retreat’ is a new one to the budget. <o:p></o:p></p>
<p class="MsoListParagraph" style="margin-left:.75in;text-indent:-.25in;mso-list:l0 level1 lfo1">
<![if !supportLists]><span style="mso-list:Ignore">3)<span style="font:7.0pt "Times New Roman"">
</span></span><![endif]>$26,000 listed in the same section for New Town Manager…..not quite the ‘modest’ 10% increase our elected officials continually claimed.
<o:p></o:p></p>
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<![if !supportLists]><span style="mso-list:Ignore">4)<span style="font:7.0pt "Times New Roman"">
</span></span><![endif]>Page 16 (Financial Services) also lists out $30,000 for the town’s continued Accounting Contract. So much for the the Town Manager and/or Finance Director taking over responsibilities.<o:p></o:p></p>
<p class="MsoListParagraph" style="margin-left:.75in;text-indent:-.25in;mso-list:l0 level1 lfo1">
<![if !supportLists]><span style="mso-list:Ignore">5)<span style="font:7.0pt "Times New Roman"">
</span></span><![endif]>I am deeply concerned about Page 121 (Appropriated Surplus). The starting point used in the calculation of what we have in the General Fund was $2,616,418 (as of 6/30/2105). Page 13 of our FY15 audit that accounts for that number clearly
reflects that the $912,118 ‘Appropriated Surplus’ used as structural deficit spending to balance FY16’s budget is NOT included. The actual starting point listed on Page 121 of our budget should be $2,616,418 LESS $912,118 or $1,704,300 leaving a balance in
the General fund of only $8,017 (with the 1.5mil or three months reserves in the rainy day reserves). Unless I am missing here we have three months reserves and that is basically it. <o:p></o:p></p>
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