Council flags lower-than-expected excise tax receipts; approves budget transfers
Council members noted excise tax collections were much lower than budgeted. The clerk will check records; the council approved transferring general net income to the maintenance account and removing a 'trash fee' line item from the water budget.
The full story
Council members reviewed financial documents and observed that excise tax collections were significantly below what had been budgeted. The clerk was directed to review records to determine whether any collections were missing from the town’s accounting.
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