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Selectmen amend warrant article after finding accounting error, reduce proposed transfer to capital reserve

Town of Candia Board of Selectmen · January 12, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

After identifying a bookkeeping error that overstated available unassigned funds, the board voted to amend a warrant article and lower a proposed transfer to the capital reserve from $726,000 to $113,468 and approved corrected amounts for other warrant articles before the deliberative session.

Selectmen voted to amend warrant language and amounts after an accounting review revealed an earlier miscalculation. Committee member (speaker 9) explained that a $500,000 debit had not been recorded during a prior adjustment related to property-tax rate relief, producing an apparent but incorrect…

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