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Select Board hears Chapter 90 balance, staff says about $467,379 available after pending items
Summary
The board reviewed a DOT report showing an apparent Chapter 90 balance of $928,585.83, but accounting indicates roughly $467,379.61 is available once pending reimbursements and previously committed items are accounted for.
At the July 27 meeting the Chair relayed a DOT report that showed a balance of "$928,585.83" in state Chapter 90 funds but cautioned the figure includes prior-year funds and pending reimbursements. The Chair said much of that total reflects prior-year projects and reimbursements yet to clear the state process.
Accounting staff reported an available amount of approximately "$467,379.61" after factoring in pending submissions, committed projects and overruns. Board members asked staff to be cautious about using that money because some items are tied to grants with caps and some reimbursements remain pending. The Chair asked staff to post the spreadsheet and contractor quote on the town website so the public can review details before the next meeting.
The board discussed specific pending costs that reduce the available balance, including off-duty police details for prior projects and grant matches for complete-streets work; staff emphasized the DOT reimbursement process can be lengthy and recommended the board not overcommit funds until reimbursements are received.
