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Selectman asks for clearer budget reporting on borrowed funds and sinking funds
Summary
Sandy Fortin asked that borrowed amounts from investment accounts be listed separately in budget documents and requested budget members provide information; she also recommended raising sinking funds.
During the Aug. 11 Selectmen meeting, Sandy Fortin asked that borrowed amounts from the town's investment accounts be listed separately in the budget and urged that the town raise sinking funds. She also requested that budget members supply the committee with relevant information for upcoming budget preparations.
The minutes record these items as budget guidance; no formal vote or specific dollar amounts were recorded. The request will inform forthcoming budget work but the minutes do not list follow-up deadlines or assigned staff for the data request.
