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Milford selects timekeeping extension and approves accounting contract amid tight 2026 budget
Summary
The board agreed to a six-month extension of existing timekeeping services and funding implementation of a Kronos timekeeping system from 2025 surplus, and approved signing a new accounting platform contract (BSNA) after debating default vs. proposed budget placement and a projected 2026 tax-rate impact driven largely by COLA, benefit and debt-service increases.
The Milford Board of Selectmen on Monday approved a six-month extension of the town's current timekeeping service and authorized using 2025 surplus to fund implementation of a new Kronos timekeeping system, while also authorizing staff to sign a new accounting platform contract.
Finance Director Troy Neff told the board the vendor would provide only a six-month extension on the town's legacy timekeeping software and recommended a one-time implementation payment of $29,040 for Kronos plus a $13,002.72 six‑month extension to bridge implementation. Neff said using surplus for the implementation would avoid increasing the 2026 municipal tax rate and that the new system is expected to save costs in later years.
"So my recommendation to you is to go with, to to agree to extend overtime for 6 months at the cost of $13,002.72 and then sign the implementation for the... Kronos time system, which is a total of $29,040," Troy Neff said, summarizing the proposal and expected savings.
Board members debated whether to place the accounting-platform contract (referred to in discussion as "BSNA") into the default budget or keep it in the proposed budget for 2026, since signing the contract now would put the expense into default numbers. Selectman Paul Darje moved to authorize signing the contract so staff could proceed; the motion passed 4–1 with Selectman Chris Labonte opposed.
The board also received a detailed budget overview and was told major 2026 drivers include a revaluation adjustment, higher employee benefits (roughly $760,795), higher debt service tied to recently approved capital leases (fire truck, ambulance, dump truck), and an extra payroll year (about $313,000). Neff and the town administrator presented projected default and proposed municipal tax rates and the likely homeowner impact.
Board members asked staff to refine the proposed numbers and explore aligning the CIP and budgeting process to reduce future year spikes.
Next steps: staff will sign the vendor contracts as authorized, implement the Kronos schedule, and continue budget refinement with department heads ahead of January budget hearings.
