Newburgh board approves $2.22 million audit, year-end and capital transfers including $650,000 from Water Fund

Supervisor Gilbert J. Piaquadio presided over the Town of Newburgh Board meeting on Oct. 14, 2025, where members approved the town audit and multiple budget transfers and capital moves.

Town Accountant Ronald E. Clum presented the 2025 audit totaling $2,223,321.71, plus a previously paid audit amount of $52,433.81; the board voted unanimously to accept the audit. Clum then outlined year-end budget transfers to cover five over-budget line items, which together totaled $1,002,705.00, moving funds from contingency and other accounts into litigation defense, equipment, safety inspection payroll and sewer-related accounts.

The board also approved transfers from enterprise funds to capital projects. The Water Fund transfer of $650,000 will be split with $150,000 directed to a Chadwick Lake Dam analysis project and $500,000 to the town’s Water Tank Rehabilitation Program. The Highway Fund transfer of $200,000 was approved with $100,000 allocated to the Elmhurst Culvert Project and $100,000 to a Salt Barn Project. Separately, the Crossroads Sewer Fund will transfer $500,000 to the Meadow Hill Subdivision I&I mitigation capital project.

Council members voted on each motion by roll call, with Councilmen Ruggiero, Manley, LoBiondo, Politi and Supervisor Piaquadio all recorded as voting yes on the motions noted in the minutes.

Why it matters: the transfers move significant town resources toward infrastructure and remediation projects the town has prioritized, and the audit approval closes the town’s financial review process for the year. The board scheduled public hearings on Oct. 27 for special district budgets and the town’s preliminary 2026 budget, indicating further fiscal decisions to come.

What's next: public hearings on Oct. 27, 2025, will discuss the 2026 budget and special district assessment rolls; the board also scheduled a special meeting for Nov. 10, 2025.