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Committee questions how ambulance revenue should be accounted — enterprise fund or fiduciary pass‑through?
Summary
Budget committee members and the town manager discussed ambulance revenue collections (roughly $275,000 for eight‑to‑nine months of cash collections) and whether the receipts should be recorded to an enterprise/revolving account or treated as pass‑through fiduciary monies; no action was taken to establish a new fund at this meeting.
Committee members asked for projections showing what ambulance revenue and expenses would look like if the town were to capture that revenue directly. Greg Colby, town manager, said he was "still reconciling" collections but offered a ballpark: "In the neighborhood of $275,000 for the year," clarifying that the figure reflected cash collections for eight to nine months and did not include outstanding receivables as of Dec. 31.
Members discussed the mechanics of capturing revenue. One committee member noted that nearby Atkinson had voted to…
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