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Selectmen approve small FY26 transfers for building overtime, water charges and insurance adjustments
Summary
The board approved several FY26 in‑series transfers including $1,141 for building overtime, $13,883 to cover increased water charges due to an after‑budget rate change, and $2,243 for long‑term disability adjustments; staff noted the water rate change came after budgets were set.
The board approved multiple small FY26 transfers that staff said were needed to close out the fiscal year. Finance presented a $1,141 transfer to cover building overtime (recording-secretary coverage), a $13,883 transfer to cover higher water charges after the water company revised rates mid‑fiscal year, and $2,243 for long‑term disability adjustments tied to plan participation.
Public Works Director Gary Schneider explained the water increase stemmed from a rate change the town learned about after its budgets were set; he told the board the town would pursue further information from the water utility and may coordinate with neighboring towns. Finance said the audit and closeout process require these line adjustments; the board approved the transfers and noted staff will monitor similar risks in future budget cycles.
