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Selectboard begins $100,000 line-of-credit application, approves tax-sale authorization and tax-mapping contract
Summary
Treasurer Mary LaBrecque was authorized to begin an application for a $100,000 line of credit, the board signed annual tax-sale authorization paperwork, and the Selectboard approved a $1,600 tax-mapping contract with CAI Technologies.
Treasurer and Lister Mary LaBrecque recommended the town begin the bank process to apply for a $100,000 line of credit; she told the board there would be no cost to the town unless funds were drawn. Chair Peter Brzozowy moved to begin the process and the board approved the motion unanimously.
LaBrecque also presented the annual paperwork authorizing her to hold tax sales if necessary; the Selectboard approved signing that authorization. Finally, the board approved the tax-mapping contract for $1,600 with CAI Technologies, confirming the expense was budgeted for 2026.
Why it matters: authorization to seek a line of credit provides short-term cash-flow flexibility; approving tax-sale authority and the mapping contract completes routine annual administrative steps that enable tax collection and property mapping to continue without interruption.
