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Rutland Town reports stronger‑than‑expected local option tax receipts; board approves audit engagement and accounting policy
Summary
Town Treasurer reported Q4 local option tax receipts of $372,487.43 and a total FY‑to‑date $1,590,618.26, exceeding the year's budgeted anticipation. The select board adopted an accounting/auditing policy and authorized a fiscal year audit engagement estimated at $19,000.
At its May 20 meeting the Rutland Town Select Board heard financial updates from Town Clerk and Treasurer Carrie Clark and approved an updated accounting, auditing and financial reporting policy and an engagement letter to begin the annual audit work.
Carrie Clark told the board the town’s fourth‑quarter local option tax installment was…
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