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Berlin finance director outlines fiscal 2025 highlights; council hears infrastructure, lead-service and PFAS updates
Summary
Finance Director Natalie Slayton presented preliminary fiscal 2025 results, noting higher-than-expected investment earnings and ongoing capital projects. The council heard detailed updates on smart-meter rollouts, a 350-service lead-service replacement contract, lift-station relocations and mandated PFAS testing that staff said will add about $100,000 in lab costs.
Finance Director Natalie Slayton delivered Berlin’s fiscal 2025 highlights at the Oct. 27 council meeting, describing preliminary results ahead of a final audit, revenue sources and multiple ongoing capital projects in the general fund and utility enterprises.
Slayton said property tax remains the town’s largest revenue source and that investment earnings exceeded the modest budget projection, boosting available resources as the town carries several multi-year capital projects. She reiterated that fiscal 2025 numbers are draft and will be adjusted after the audit.
Staff reviewed enterprise-fund work: the electric department’s AMI…
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