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Wayne officials and LRC board outline budget, reserve-account issues and a $5,000 warrant article
Summary
Workshop participants reviewed past accounting problems, confirmed creation of a segregated LRC reserve account, and discussed a warrant article to appropriate $5,000 from town tax revenues while noting a draft LRC operating budget of about $150,400 for FY26–27.
At a Town of Wayne work session, participants reviewed years of inconsistent record-keeping between Ladd Recreation Center financial records and the town’s accounts and outlined steps to correct them.
Henry Stack, a Select Board member, told attendees the town treasurer had verified a sum of rollover monies that had not been properly transferred and said the select board will recommend a warrant article asking town meeting to "raise and appropriate the sum of $5,000 for operation of Ladd Recreation Center programs" and to authorize carryforward of the LRC reserve fund balance and…
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