HomeMy WebLinkAboutMINUTES Policemen's Pension Board 1980-04-2400
BRADFORD PUBLISHING CO.,DENVER R E C 0 R D 0 F P R 0 C E E D I N G S
Policemen’s Pension Board
April 24,1980
Board:Mayor Harry B.Tregent,Treasurer Margaret Houston,
Police Lieutenant Robert Elste,Town Clerk Joan Van Horn
Attending:All
Also Attending:Town Administrator Dale G.Hill
ELECTION OF OFFICERS:
Member Harry B.Tregent nominated the following officers and moved
they be elected:
President ....Robert Elste
Treasurer ....Margaret Houston
Secretary ....Joan Van Horn
Member Houston seconded the motion and it passed unanimously.
FINANCIAL STATEMENT:
The Committee reviewed the March 31,1980 financial statement of the
Policemen’s Pension Fund which is attached to these minutes.It was
reported that the Town may not receive $12,500 from the State if pay
ment to the Police Departments participating in Social Security is
terminated.
PENSION PAYMENT TO PHYLLIS CONLEY:
Phyllis Conley has been removed from the pension rolls because she
remarried on July 9,1979.
There being no further business,the meeting adjourned.
Joy Van Horn,Secretary
RECEIPTS:
10—130—331—3330
10—160—360—3600
10—160—360—3620
10—160—360—3800
10—170—390—3901
DISBURSEMENTS:
10—810—00—00—630—6460
10—810—00—00—630—6580
State Grants
Interest Earned
Contributions &Donations
Employee Contributions
General Fund
TOTAL RECEIPTS
12,500
10,000
50
13,620
13,620
$49,790
1980
MONTh YEAR TO DATE
131,711.18
1,660.28
150.00
3,100.51
3,100.51
8,011.30
FUND BALANCE;
Cash with General Fund
Temporary Investment
Checking Acct.#20—0184
Deposit in Transit
Prepaid Expense
3,028.21
150.00
126,867.50
6,273.42
3776.02
Fund Balance7 March 31,1980 3,028.21 137,066.94
00
Fund Balance,January 1,1980
POLICEMEN’S PENSION FUND
March 31,1980
BUDGET
1,057.82
1,057.82
3,775.92
747.71
747.71
Pension —Current 12,000
Refund of Empi.Contrib..5,000
$17,000
2,655.54
2,655.54
—34—.