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Tinmouth selectboard reviews highway balance and grant reimbursements
Summary
The board received a financial report showing a total highway balance of $69,003.61, discussed pending reimbursements tied to the Northeast Road culvert project and a $35,000 grant award, and considered payroll and extra-help costs for the remainder of the fiscal year.
The selectboard's financial report showed a highway fund balance of $69,003.61 and noted pending reimbursements for the Northeast Road Culvert Project and a $35,000 grant award expected to increase revenues. The chair and clerk explained how the reimbursements and grant aid will affect the highway account and the timing of deposits into the current fiscal year.
Members discussed extra-help and repair costs, paving scheduling and the chloride/crack-sealing budgets for the coming season. The board confirmed it would track reimbursements and expected the town's highway balance to rise once state and grant payments are received.
