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Town Administrator corrects Hubbardston free cash to $403,952, flags budget implications for FY26
Summary
After an accounting review, the Town Administrator told the Select Board that an earlier reported free cash figure contained a $145,611 mis‑recording; the corrected available free cash is $403,952. Staff said the town will rework planned capital items and pursue grant funding where possible.
HUBBARDSTON, Mass. — Town Administrator reported April 7 that Hubbardston’s available free cash has been corrected to $403,952 after staff and the state reconciled a $145,611 item that had been mis‑recorded in the state system.
Town Administrator (presenting): “The correct number is now $403,952,” the Town Administrator said, explaining that previously reported free cash of $549,563 had included $145,611 that was recorded incorrectly as available money. The administrator described the discrepancy as a recording…
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