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Requesting the authorization of the Veterans Memorial Ice Rink Revolving Fund for Fiscal Year 2011.
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Official Text
To the Honorable Board:
I respectfully request that your Honorable Board authorize the Veteran’s Memorial Ice Rink Revolving Fund for Fiscal Year 2011 under the provisions of M.G.L., Chapter 44, Section 53E ½. The services funded include payment for employee salaries, wages and benefits; upkeep of rink facilities including custodial costs; utilities, ordinary maintenance and supplies; and necessary capital expenditures including systems upgrades, replacement and building renovations.
Receipts credited to the fund include ice rink user fees and charges; concession revenues; and advertising fees. The Fiscal Year 2011 spending limit shall be $380,199. The authorized officer will be the Recreation Superintendent.
Thank you for your consideration.
Respectfully Submitted,
Joseph A. Curtatone, Mayor