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Easton Board of Finance approves $314,416.50 in year-end transfers and special appropriations
Summary
At its July 7 meeting the Easton Board of Finance approved $293,190.50 in year-end line-item transfers and $21,226 in special appropriations to cover FY25/26 shortfalls, including a MERF shortfall and funds for cemetery, emergency management and pension needs.
The Easton Board of Finance voted July 7 to approve year-end fiscal adjustments that move a total of $314,416.50 to close out the 2025/26 fiscal year. The board approved $293,190.50 in line-item transfers and $21,226 in special appropriations.
The transfers were presented by Chris, who explained the adjustments by department and account. The largest moves were a $90,000 transfer to Revaluation from Assessor capital accounts and a $200,000 transfer to a Fire Truck accrual from Fire capital, among smaller reallocations for town clerk services, materials and supplies, training, and insurance premium adjustments. The board approved the transfers on a motion by Mike Gutowski and seconded by Josh Bailey; the motion passed 6-0.
Separately, Chris described a shortfall in the Municipal Employee Retirement Fund (MERF). The board approved a motion by Mike Gutowski, seconded by Colin Cote, to transfer $21,226 from the undesignated fund balance to cover suggested appropriations for the Board of Finance, Cemetery, Emergency Management, and Pension. The board recorded that remaining MERF shortfalls could be addressed with additional transfers at a later meeting once final amounts are known.
The transfers and appropriations were recorded in the meeting materials as totaling $314,416.50. The motions carried without recorded dissent; the minutes show unanimous recorded votes where tallies are given (transfers and special appropriations both recorded as passing 6-0). Earlier in the meeting the board approved the June 2 minutes as amended (motion by Colin Cote/Mike Gutowski), a motion recorded as passing 5-0-1 with Chair Art Laske abstaining.
The transfers are itemized in the meeting transfer sheet and include smaller reallocations for employee education and transportation related to conferences, fire marshal supplies, and pollution insurance premiums. The board noted additional pension-related transfers may be proposed after final figures are confirmed.
The board adjourned at 8:27 p.m.; the next regular meeting is set for 7 p.m. Tuesday, Aug. 4, 2026.
