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Town reports $95.9M YTD revenues, interest receipts get $115,000 boost
Summary
Town finance staff told the Audit Committee that year-to-date revenue is about $95.9 million (54.7% of the FY26 budget), highlighted stronger parking-permit receipts and a late increase of about $115,000 in interest income, and noted some revenue categories and transportation fees remain below budget.
Town finance staff presented revenue and cash-position details through October, reporting year-to-date revenue of about $95.9 million, or roughly 54.7% of the fiscal-year 2026 budget.
Brian (Speaker 9), the town presenter, said current tax collections total about $89.3 million (54.4% of budget) and that building-permit revenue is up year-over-year while conveyance fees are down slightly. He told the committee he had a late update to…
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