ORDER-2016-168 : Reauthorization of the Council on Aging Donation Revolving Account # 2811 for FY2017

Transcript (~3 min @ 35:12)

Speakers identified by voice; unnamed voices are numbered within this recording. Auto-caption text — verify against the video.

▶ 34:58 Peter D. Mortimer: Any opposed? Hearing none, the budget for the Council on Aging will be recommended to the full board at our final meeting before we conclude the budget in June. The next order we will take up. Thank you. No, we're going to do your revolving account. Oh, I'm sorry. That's quite all right. No problem at all. The Council on Aging revolving account 2016-168. It's revolving account number 2811. Would you like to speak to us about that? I think most people here know what a revolving account is, but it might elucidate the people walking at home, watching at home.

▶ 35:37 Speaker 4: So, the revenue comes into this account from program fees, donations, and sponsorships. The expenses are, the funds are used for supplies, office supplies, paper products, program supplies, also repairs to the minibus, the sound system, kitchen appliances. It's also used for program costs, like to pay for the internet for us, different instructors, printing, copying, those are primarily the things we use the Revolving Fund for. We currently have a cap of $25,000 and it has been, I've received permission to increase it each year. So it's gone from $12,000 to $15,000 to $20,000 to $25,000 in the past four years. I will be back because the more programs we have the more payments the seniors put in and then the more I put out to instructors so it's not actually spending more but it shows that we are doing more so thank you very much

▶ 36:51 Francis X. Wright Jr.: alderman right please good evening these do your programs include overnight trips or travel of any type and does that money circulate through your revolving

▶ 37:06 Speaker 4: fund well we don't do any overnight trips and we really just do trips for necessities well yeah mostly necessities but as part of the action steps there were requests for trips to cultural places in Boston and also trips to New York City so it's something that we're going to be looking at okay and is there

▶ 37:28 Speaker 4: friends organization yes the friends organization they're the ones raising

▶ 37:35 Francis X. Wright Jr.: all the money for the interior changes okay and is there any commingling of those funds or with revolving fund or I'm just wondering how does that money

▶ 37:47 Speaker 4: spent separately or the friends money yeah it's it's held completely separately and if I would if I want something I will go to the meeting and I request it so for instance if I have a program that I would like them to fund rather than charging the seniors a fee then I will request it from the friends

▶ 38:05 Francis X. Wright Jr.: group great thank you thank you mr. chairman thank you alderman right is

▶ 38:12 Peter D. Mortimer: there a motion to recommend recommend passage we have an order to recommend for passage on the council on aging revolving account from alderman Mr. Lemerman, duly seconded by Alderman Boycelle. All in favor, please say aye. Aye. Any opposed? Hearing none, this will be recommended to the full board for passage. Thank you very much for your attendance here this evening. Thank you. And thank you for the wonderful work you do for our seniors.