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Swansea reviews fire station and capital payouts as staff flags possible shortfall
Summary
Finance staff updated the board on capital expenditures tied to the new fire station and related projects, reporting about $2.51M spent and a remaining balance in allocated funds; board members asked for itemized outstanding payouts and possible use of Invest NH funds to cover a shortfall.
The select board received a detailed budget update on capital projects, including spending tied to the new fire station and related site work.
Finance staff said the town has expended about $2.51 million on the project to date and that approximately $289,000 remained in the allocated funds; outstanding contractor payouts discussed in the meeting left the board with a projected gap the presenters described as…
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