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LCPC approves $50,000 budget adjustment; total operating budget now $1.91 million
Summary
The Lamoille County Planning Commission approved a $50,000 increase to its operating budget, bringing the total to $1,910,825. Staff said the change reflects shifting federal and grant funding and that the commission is awaiting a pending audit to resume drawing down state funds from ACCD.
The Lamoille County Planning Commission approved a budget revision that increases the commission’s operating budget by $50,000, raising the total to $1,910,825.
Staff told the commission the adjustment reflects normal fluctuations as federal and grant funding arrive and depart. The commission’s finance manager had reorganized some line items to place expenses in their proper accounts, and staff said they are awaiting a completed audit that will allow the commission to draw down state allocations from the Vermont Agency of Commerce and Community Development (ACCD).
Commissioners asked for clarification and were told the audit should be completed within a week or two, after which the commission can resume drawing funds. The meeting record shows the motion to approve the revised budget carried by voice vote with no opposed votes recorded in the transcript.
Why it matters: The budget change is administrative but affects the commission’s ability to pay for ongoing planning activities. Staff also reported a plan to build reserves and later develop an investment policy as the commission’s bank balance grows.
What’s next: Staff will proceed with the revised budget and, once the audit is complete, resume drawdowns from ACCD as appropriate. The commission’s finance manager hire and reserve planning were discussed as part of fiscal housekeeping.
