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District receives high‑school water‑meter refund; staff cites possible boost from state supplemental budget for circuit‑breaker reimbursements
Summary
Finance staff told the Milton finance committee they received about $81,498 in corrections tied to a high‑school water‑meter error; roughly $62,000 will be credited to FY25 accounts and $25,703 will be treated as prior‑year revenue to the town general fund.
Finance staff told the committee the district received a water‑bill correction after an erroneous high‑school meter reading. The total refund is about $81,498; staff said $62,000 of that amount applies to fiscal year 2025 and will be posted as a credit to the high‑school water account, improving the FY25 bottom line. A separate $25,703 is classified as prior‑year revenue and will be returned to the town general fund and, after certification, become part of next year’s free cash.
Staff said they…
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