Meeting Date:
Town of Olive
Town Board Annual Audit Meeting Agenda
December 30, 2024
3 pm – Town Office, 45 Watson Hollow Road, West Shokan
Call Meeting to Order
Pledge of Allegiance
Approve Payment of the Audited Bills:
Highway Fund Vouchers #322- #346 $31,696.05
General Fund Vouchers #663 – #697 $92,869.92
Special lighting Voucher #9 $92.14
Budget Modifications:
General Fund
Transfer $3,298 from A1990.4 Contingency to:
A1110.1 Justices- Personal Services $1,038
A1220.1 Supervisor- Personal Services $423
A1410.1 Town Clerk- Personal Services $179
A1440.4 Engineer- Contractual $684
A1650.4 Central Comm. System $386
A5010.1 Highway – Personal Services $145
A8010.1 Zoning – Personal Services $410
A8160.4 Refuse and Garbage Contractual $33
Transfer $196,316.71 from Reserve L – Building Improvements Fund to:
A9950.9 Transfer to Capital Projects Fund $196,316.71
(Resolution #7 of 2024 (Remaining Balance))
Transfer $169,787.29 from Unrestricted Fund Balance to:
A9950.9 Transfer to Capital Projects Fund $169,787.29
Transfer $4,611 from A3120.4 Police Contractual to:
A3120.2 Police – Equipment $4,611
Highway Fund:
Transfer $9,349 from D5130.2 Machinery – Equipment to:
D5130.4 Machinery – Contractual $9,349
Cash Received for November 2024 $56,247.91
Interest Received for November 2024 $19,518.46
Additional Business:
Auditing of Books
Town Justice Timothy Cox
Town Justice Peggy Haug
Resolution #30 of 2024- Audit of Town of Olive Town Justice Court Records
Town Clerk/Tax Collector Dawn Giuditta
Supervisor Jim Sofranko
Closing of Books — Highway Fund
Distribution of Excess Funds
Closing of Books – General Fund
Distribution of Excess Funds
Empower Supervisor to transfer funds as needed for end of the year closing of the books.
2025 Organizational Meeting, January 2nd 7 pm at Town Hall in Shokan
Town Board Meeting January 14th 7 pm at Town Hall in Shokan