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Finance director reports $33,000 July revenue; residents press council on $2.9 million Read/Red Rock liability
Summary
Finance Director Tia Cartwright reported $33,000 in July revenue and reduced expenses aided by a COPS grant; public commenters raised transparency concerns and asked for state assistance to address a $2.9 million debt tied to Read/Red Rock.
Tia Cartwright, the town's finance director, reported $33,000 in revenue for July, attributed primarily to taxes and franchise fees, and said departmental expenses had been reduced. She noted that COPS grant funds have helped move the budget toward balance and presented two cybersecurity options for council consideration focused on cost efficiency and long-term planning.
During public comment, Marc O'Brian described financial challenges related to Red/Read Rock and said the town faces a $2.9 million debt tied to that matter; he requested state assistance and cautioned against reliance on bankruptcy as a solution. Emma O'Brien and Marc O'Brian both emphasized the need for transparency and collaboration. The council did not announce immediate remedies or commitments during the meeting.
