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Russ Finlinson outlines grants status; $4 million CIB water grant ongoing and town may need ~$8,000 to finish well project
Summary
Grant status update: Town Hall and Maintenance Building grants to close by Jan 2027; $4 million CIB water grant and USDA grant/loan remain active. Russ said the town may need about $8,000 to finish the well project.
Russ Finlinson provided a detailed grants and loans status update to the council, noting that Town Hall and Maintenance Building grants are expected to be closed out by January 2027. He said the town’s $4 million CIB water grant and a USDA grant and loan remain open and will be closed as work is completed.
Russ told the council the town may need to cover roughly $8,000 to finish the well project. He also reminded council members that a new budget line will be needed for the 2026 CIB water-improvement grant to capture qualifying expenses.
