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Isle La Motte Selectboard approves 2025 budget, moves $8,538 surplus to re-evaluation fund
Summary
The Isle La Motte Selectboard approved the 2025 budget at a Jan. 31 special meeting, moving a $8,538 2024 surplus into the town—xisting re-evaluation fund and approving tax increases: General Fund +8% and Highway +50%.
The Isle La Motte Selectboard unanimously approved the town'025 budget at a special meeting on Jan. 31, 2025. Treasurer staff members Mary LaBrecque and Steve Mank presented an updated budget that added a funds-overview section and proposed renaming the ILM 2024 Strategic Reserve Fund to the ILM 2024 Reserve Fund to match the ballot language that created it. The board moved a $8,538 surplus from the 2024 General Fund into the existing Re-Evaluation fund by motion of Chair Peter Brzozowy, seconded by Pat Treckman; the motion passed on a unanimous voice vote of the members present.
Board members said the town will monitor the re-evaluation fund going forward to avoid significant lump-sum needs when the town-wide reappraisal is performed, which members noted will cost in excess of $100,000. The approved 2025 budget increases General Fund taxes by 8% compared with the 2024 budgeted total and raises Highway taxes 50% to address deferred road maintenance. The Treasurer and Assistant Treasurer committed to follow Vermont League of Cities & Towns (VLCT) guidelines for reporting labor charged to the Reserve Fund. The board thanked Ms. LaBrecque and Mr. Mank for preparing the updated budget.
