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Board approves small employee payout transfers for highway and refuse lines

Waterford Board of Finance · January 14, 2026
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Summary

The Board approved two transfers requested by Public Works director Gary Schneider—a $10,027 transfer to highway maintenance and a $14,220 transfer to refuse collection—to cover employee payouts; both will be forwarded to the RTM as required.

The Waterford Board of Finance approved two FY26 transfers to cover employee payout obligations in Public Works.

The board moved $10,027 from contingency to line item 10130‑51520 (highway maintenance) and approved a separate transfer of $14,220 to line item 10130‑51530 (refuse collection). Director of Public Works Gary Schneider presented both requests. Board member Rob told the meeting that the town has used contingency historically to cover retirement and payout events so departments can keep lean operating budgets; "what it does, this can kind of punish a good budgeter," he said.

Both votes passed on voice votes. The appropriations will be forwarded to the Representative Town Meeting for final authorization where required.