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Schofield holds amended FY2025 budget hearing; audit cost and unspent road funds discussed
Summary
At a June 9 Schofield town hearing, officials reviewed an amended fiscal year 2025 budget reconciling estimates to actuals, discussed a state-triggered audit that cost about $14,000, noted unspent Class C Road program funds, and considered placing town funds in interest-bearing accounts. The hearing was closed by unanimous motion.
Schofield town officials met on June 9, 2025, to hold a hearing on the amended fiscal year 2025 budget and discussed reconciliation of estimated to actual revenues and expenditures, a state-triggered audit that cost about $14,000, and options for investing town funds. The hearing opened at 6:32 p.m. and was closed by unanimous motion.
The hearing focused on adjusting line-item estimates to actual 2024 results. Meeting materials and speakers explained that the amendment updates the budget to reflect what “actually came into the town” during the year rather than earlier estimates. The record shows an unusually small Parks and Public Property Rental entry of $29.50; the transcript states that…
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