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Board approves finance report as delinquent taxes climb to $237,311
Summary
The Select Board approved the finance report; delinquent taxes as of July 15 totaled $237,311 (up from $171,948 last year). The board reviewed sinking fund balances including ARPA, town office solar and other accounts and heard an FY25 audit timeline.
Treasurer/staff presented the finance report noting delinquent taxes of $237,311 as of July 15, 2025, compared with $171,948 the prior year; two properties are pending tax sale. The board approved the finance report by motion (Henry Chandler moved; Jim Salsgiver seconded; vote 4-0).
The minutes list sinking fund balances and other fiscal items: ARPA $582,000 (with $202,000 available for use), Town Office Solar $125,000, Mad Tom Rd Site $175,000, Raptor Lane Feasibility Study $40,000 and a 2021 Town Office bond of $3,600,000 at a 4.01% bond rate. Staff noted the FY25 audit process has started with results expected in September/October and that FY26 is just beginning.
