Article 2-14 to Correct Accounting Records, Put Bills in Correct Year

Below, see an explanation from Town Manager Michael Lombardo about Article 2-14.

ARTICLE 2015/11 2-14 – Prior Year Bills.

To see if the Town will raise and appropriate or transfer from available funds a sum of money to pay utility, and supplies, and services bills incurred in FY 15, or take any action thereon or relative thereto. (Expected amount $4,729.97)

The purpose of this article is to authorize payment of certain invoices in the fiscal year in which they occurred; the invoices were misplaced and not paid until after the close of the fiscal year and this transaction will correct the books for accounting purposes.

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