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Select Board hears update on end‑of‑year budget estimates; staff to return with updated projections
Summary
Finance staff presented an end‑of‑year expenditures review and asked the board for direction on potential year‑end purchases; the board asked for updated figures at upcoming meetings before taking additional action.
Finance staff presented a report on May 13 showing departments’ appropriations, expenditures to date, and estimated remaining balances for the fiscal year, and asked the Select Board whether to proceed with proposed end‑of‑year purchases to offset next year’s projected costs.
Cheryl (staff) said the packet lists department appropriations, current spend, and estimated payables; staff had contacted department heads for anticipated late‑year expenditures. The report flagged a set of higher‑priced items likely to be billed before fiscal year‑end — voting machines, certain IT expenses and an expected second‑quarter prosecutor bill for the police department — and staff estimated legal fees to cover the next two months.
On the board’s direction, staff modeled using this year’s remaining operating funds to purchase items that would otherwise appear in next year’s operating budget. The board noted an estimated trash‑service impact for next year of about $180,000 and discussed timing for purchases; multiple board members said they wanted updated figures in about three weeks before making final decisions. Staff agreed to provide rolling updates at each meeting through the end of the fiscal year so the board could decide whether to make purchases this year.
No formal motions were made; the item was informational and staff requested direction before any expenditure decisions.
