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Council reviews FY2026 draft budget, notes drawdowns but takes no action
Summary
The Noma Town Council reviewed a draft FY2026 budget at its Sept. 2 meeting, noting General Fund and Utility Fund drawdowns and a year-to-date negative net balance for FY2025; no motion or vote was taken on the draft.
The Noma Town Council reviewed the draft FY2026 budget at its Sept. 2 meeting but did not take formal action.
Town Clerk Ben Tew presented draft figures and noted drawdowns in the General Fund and Utility Fund. He reported end-of-August balances with the General Fund at $50,999 and the Water & Sewer Fund at $56,775, and a net FY2025 year-to-date negative balance of -$23,109. The council discussed the draft but did not move to adopt or amend it during the meeting.
Council directed no specific budgetary actions during the session; further budget consideration is expected in subsequent meetings. The minutes do not provide a proposed tax rate, departmental line-item changes or final appropriation numbers.
