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Charlton reviews first annual comprehensive financial report; draft budget factors in fire station, landfill capping debt
Summary
Finance director presented the town's first Annual Comprehensive Financial Report for GFOA review; select board reviewed a draft FY26 budget that includes debt service for a fire station and a previously approved $2,000,000 landfill capping project.
Ashley Oberza, the town’s finance director and treasurer-accountant, presented Charlton’s first Annual Comprehensive Financial Report (ACFR) to the Select Board on March 25 and said the report has been submitted to the Government Finance Officers Association for consideration for a Certificate of Achievement in financial reporting.
The ACFR expands on the town’s previous GAAP-based audited financial statements, offering what Oberza described as a “much broader range of important financial information” designed to increase transparency for residents and lenders. “By preparing this comprehensive report, we become eligible for the GFOA certificate of achievement for excellence in financial reporting,” Oberza said.
The presentation set the stage for a discussion of the draft FY26 budget. Town Administrator Andrew Golos and finance staff reviewed the draft, which keeps general-government staffing at status quo while adding several public-safety positions the board previously prioritized. Golos said the draft includes an administrative…
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