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Selectboard reviews updated budget spreadsheet; county tax set at $12,052 in draft
Summary
Finance presenter reviewed corrected prior-year audit entries, automated payroll lines, and an updated county tax figure of $12,052; board asked for a revised budget to be posted within the 30–40 day warning window ahead of town meeting.
Nicholas, the board’s finance presenter, walked through edits to the draft budget spreadsheet, explaining that several payroll-dependent lines now populate automatically and that he had reversed an audit entry that had doubled a prior-year figure. He told the board the county tax estimate reconciled at $12,052, lower than an earlier 15% estimate that would have raised the figure by about $1,000.
Nicholas said revenue lines will be kept conservative and asked the board for direction about how to present recurring articles (library, fire, recycling) in the warning and budget book. The board requested an updated spreadsheet with clarified revenue estimates and account balances; Nicholas said he could deliver a first pass within about a week and a final draft within two weeks so it could be posted during the legal 30–40 day window ahead of town meeting.
The board also asked staff to tidy up several line items (workers’ compensation, reconciliations, and COTS/accounting lines) and to provide clearer notes on allocated/accumulating funds so voters can see reserved amounts and grant reimbursements.
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