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Town treasurer reports $152,956.37 reimbursement review; waste account funds moved to general fund
Summary
Town treasurer reported a first reimbursement review of $152,956.37, moved $4,627 from a closed waste account into the general fund, and noted FEMA reimbursement processes and timing (75% reimbursement rate).
Town treasurer reported that the town received its first reimbursement review on the 11th in the amount of $152,956.37 and that a waste account containing $4,627 had been closed and the funds transferred to the general fund. The treasurer said FEMA typically reimburses 75% of eligible costs and that paperwork from the state is needed to request further obligated funds.
Staff warned that processing has slowed because the FEMA representative's caseload expanded to include more applicants, but said the Gris Mill pit FEMA project is the largest pending item and remains under active review. The board discussed expected timing and the treasurer said the state paperwork process previously took about a month.
