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Selectboard approves $54,524.59 in warrants, discusses reserve and FEMA fund strategy
Summary
The Town Selectboard approved warrants totaling $54,524.59 and discussed moving roughly 15% of certain funds into a highway/FEMA reserve while applying remaining surplus to lower next year's tax rate; a wiring invoice of about $1,500 was noted and staff follow-up on timing was requested.
The Town Selectboard approved warrants for the period June 25–29 totaling $54,524.59. Committee member (S5) moved the warrants; the board voiced its approval during the meeting. Committee member (S5) stated the largest single line item was $14,009.52 for diesel-related expenses.
Board members then reviewed the town's year-to-date general-fund position and discussed options for year-end use of surplus. Chair (S4) said the board could "move roughly 15% into the highway budget" and use the remainder to reduce next year's tax rate. The board discussed whether to charge a professional wiring invoice—estimated by a vendor at about $1,500—to the current fiscal year or the next and asked staff (Christie) to confirm timing and provide an accurate invoice if needed.
Members emphasized a cautious approach: any transfer or reclassification of funds would be finalized after staff completes year-end accounting and brings back recommendations. The meeting record shows the board agreed to close out the current-year accounting and revisit the reserve transfer and tax-rate impact before adoption of the next year's budget.
