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Treasurer: Londonderry budget on track; FEMA income received; bond and Merk grant funds expected
Summary
Town Treasurer Tina Labeau reported the year-to-date budget is on track, FEMA income has been received, and bond proceeds plus a Merk grant are expected soon; the board approved related routine minutes and pay orders.
Town Treasurer Tina Labeau provided a year-to-date budget update at the March 17 Selectboard meeting, reporting that the town's budget was on track through the end of January. Labeau said FEMA income had been received and that bond funding and a Merk grant are expected to arrive soon.
Following the Treasurer's report the Selectboard approved minutes of the Annual Town Meeting of March 4, 2025, and approved pay orders for payroll and accounts payable. The Treasurer's update was framed as informational; no new appropriations or fee changes were adopted at the meeting. The board also designated the Treasurer as an Authorized Signer for current and future Vermont Bond Bank loans held by US Bank related to the Town Office renovation project (action recorded separately).
