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Select Board hears finance report: delinquent taxes fall to $47,299; ARPA and sinking‑fund balances reviewed
Summary
Finance update: delinquent taxes dropped to $47,299 (as of Feb. 11, 2026), FY26 at 66% expended through 68% of year, and sinking funds including ARPA ($582,000 total; $162,296 available) and project accounts were summarized for the board.
The Select Board received a finance report on Feb. 17 showing delinquent taxes at $47,299 as of Feb. 11, 2026, down from $128,776 the prior year after the largest delinquent account became current. Staff said FY26 is 68% complete and 66% of the budget has been expended.
Staff also reviewed sinking‑fund balances: ARPA total $582,000 (with $162,296 available for use), Town Office Solar $80,000, Mad Tom Road site $175,000 (with $72,937 spent so far), Raptor Lane feasibility $40,000, White & Burke Raptor Lane study $65,426, VHB natural resource study $28,450, and Housing Market Study $38,000 (approved, no invoices yet). The Town Office bond was listed as $3,600,000 at a 4.01% rate. Board members did not take new budget votes at the meeting but noted upcoming project funding items.
