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Select Board reviews sinking-fund balances, delinquent taxes and assets
Summary
The Select Board received a finance report showing delinquent taxes of $137,911, listed sinking-fund balances including ARPA and Raptor Lane study expenses, and confirmed asset listings including 308 acres at Raptor Lane.
The Select Board reviewed the town's finance report, delinquent-tax totals, sinking-fund balances and asset listings. As of Dec. 12 delinquent taxes were $137,911 (compared with $137,869 last year). Town staff reported FY26 is about 51% expended at mid-year.
Sinking-fund balances identified in meeting materials include ARPA $582,000 (with $157,919 available for use), Town Office Solar $125,000, Mad Tom Rd Site $175,000 (including $7,900 for asbestos remediation), a $40,000 allocation for Raptor Lane feasibility study and a $55,631 charge to White & Burke for the Raptor Lane RFP and study phase. The town listed assets including 10 acres at Upper Hollow Road and 308 acres for Raptor Lane.
Town staff said one more reimbursement for DTO soft costs is expected from a bond and that delinquent-tax payment plans are proceeding. The board approved the errors-and-omissions entry for the 2025-26 grand list and handled routine warrants before adjourning.
