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HomeMy WebLinkAboutMINUTES Policemen's Pension Board 1984-08-07Co RECORD OF PROCEEDINGS Policemen’s Pension Board August 7,1984 Board:Mayor H.B.Dannels,Treasurer Byron L. Graves,Police Lieutenant Robert Elste, Town Clerk Vickie O’Connor Also Attending:Town Administrator Hill ELECTION OF OFFICERS: Member Graves moved Robert Elste be elected President.Member O’Connor seconded the motion and it passed unanimously. Member Elste moved Byron L.Graves be elected Treasurer.Member O’Connor seconded the motion and it passed unanimously. Member Elste moved Vickie O’Connor be elected Secretary.Member Graves seconded the motion and it passed unanimously. PENSION FUND REPORT: The Policemen’s Pension Board reviewed the financial statement of the pension fund as of July 31,1984,a copy of which is attached to these minutes. There being no further business,the meeting adjourned. Vickie O’Connor,Secretary JULY 31,1984 Fund Balance,January 1,1984 BUDGET M0TH YEkR TO DATE 303,492.89 RECEIPTS: 10—160—360—3600 10-160—360—3620 10-160-360—3800 10—170—390—3901 2,644.29 0.00 2,126.95 2,126.95 9,198.52 135.00 11,637.26 11,637.26 TOTAL RECEIPTS RIND BALANCE: Cash with General F\x1 68,400 6,898.19 32,608.04 Interest Earned Contrilxitions &Donations Esiployee Contrilxit ions General Fund 26,730 270 20,700 20,700 DISBURSEMENTS: 10—810—00—00—630—6460 10—81000—00—630—6580 Pens ions—Current Refund of Emp.Contrib. 20,000 6,000 26,000 548.95 2,790.62 3,33q.57 4,222.03 6,764.88 10,986.91 Temporary Investments Qecking Account #20-0184 IXie fron Payroll Fund Fund Balance,July 31,1984 0.00 0.00 2,644.29 234.21 680.12 316,004.78 4,855.34 4,253.90 3,558.62 325,114.02 —33—