Lloyd explained the process of looking up budget information on MLS Intranet. He indicated that the program manual was updated to include a couple of accounts. The budget schedule including the Friends’ grant was forwarded to the managers on February 17. The Friends’ grants must be finalized before the budget is due on April 19. Please forward grant applications to Denyvetta for review by March 12.
Lloyd stated that special funds should be spent within the fiscal year that they were granted and asked the managers to round numbers when completing their budget. He requested to be informed of monies not spent and to contact him with any questions and informed that the system has a schedule of expenses and can not go over its’ budget. In the event that the system does go over budget then he must request through the Commission to move dollars from other accounts.
He welcomed phone calls and questions concerning the budget but reminded everyone that his answers would be a “system-wide” view of the budget.
