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Fayston commission reviews reserve balances, sets internal deadline to classify accounts
Summary
Commissioners reviewed Conservation Reserve and Town Forest Reserve balances, noted Selectboard request for account codes, and set an internal July deadline to determine line items; Town Report figures for 2023 and 2024 were cited.
The Fayston Conservation Commission on March 26 reviewed reserve fund balances and discussed next steps for classifying account lines requested by the Selectboard. Commissioners noted Selectboard discussion on Jan. 28, 2025 about the Town Forest Reserve and agreed to an internal deadline in July to determine account codes and line items; no timeline was set to spend down reserve funds.
The commission cited figures from the Town Report showing the Conservation Reserve Fund at $61,936.16 in 2023 and $65,436.16 in 2024, and the Town Forest Reserve at $31,520.74 in 2023 and $38,522.96 in 2024. The figures were presented as context for upcoming budget work and capital planning.
