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Princeton discusses midyear budget pressures, SRO comp time and equipment repairs
Summary
Board members reviewed a midyear update highlighting reimbursements for grants, unplanned equipment repairs (leaves truck, mower), SRO comp-time liabilities and options to budget overtime or reallocate reimbursements to cover comp time.
Town staff presented a midyear budget update and asked the board to consider options for handling recurring overtime, equipment repairs and capital needs.
The administration reported most grant reimbursements for the RC2 grant were received (about 95%), but other areas showed pressures. Staff reported unplanned public-works repairs (a $8,064 transmission repair to the leaves/limb truck and…
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