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Board of Finance approves King, King & Associates for audit; accepts $171,843.63 in capital requests

Board of Finance · April 16, 2026
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Summary

At its April 15 meeting the Board of Finance voted to hire King, King & Associates, P.C. as the town auditor and approved $171,843.63 in Capital Committee requests while deferring a separate proposal to budget the full $310,000 capital balance.

The Board of Finance voted April 15 to approve King, King & Associates, P.C. to provide auditing services and accepted $171,843.63 in Capital Committee expenditure requests. The board also held a preliminary review of town salaries and reviewed key financial reports.

The meeting opened at 7:02 p.m. with Chair Sandy Brodeur and five board members present. Heather Allen moved to approve the minutes from April 7, 2026; Bob Smanik seconded and the motion passed. Later in the meeting, Bob Smanik moved to approve the proposal from King, King & Associates, P.C. for auditing services; Dave Lee seconded and, after discussion, the motion passed. L. Brodeur (Capital Committee representative) presented the Capital Expenditure Requests and answered questions from board members.

After questions and discussion about the Capital Committee package, Dave Lee moved to accept the requests totaling $171,843.63; Heather Allen seconded and the motion passed. Board members also discussed whether to budget the full $310,000 to build the capital balance; Heather Allen said she did not favor doing so this year and the board deferred that decision for a future meeting.

Members conducted a preliminary review of salaries and wages for town personnel, covering union and non‑union employees, three union contracts, cost‑of‑living raises, step increases, pensions, stipends, merit raises, and the Town Administrator’s salary. No final salary decisions were made; the discussion was recorded for later budget deliberations.

Finance staff member Shelley Cates answered questions on the financial reports, noting items such as the nip fund, the MS4 permit, and the tax collector’s collection rate (reported in the minutes as 98.5%). The board was also informed that the audit is still in progress and that auditors are expected to deliver the completed audit by next week and will present to the Board of Finance when complete. Chair Brodeur noted the library budget had been adjusted to $146,911 per the Selectpersons’ suggestion.

The board scheduled follow‑up budget meetings (including April 21 and a special meeting on April 22) and adjourned at 9:02 p.m.