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Finance report: delinquent taxes at $141,146; ARPA and sinking funds balances detailed
Summary
The Selectboard reviewed the finance report showing $141,146 in delinquent taxes as of Sept. 17, 2024, and detailed sinking fund balances including $582,000 in ARPA funds with $242,000 available for use.
The Selectboard reviewed the town finance report. Minutes state delinquent taxes total $141,146 as of Sept. 17, 2024, up from $123,540 the prior year. Fiscal-year spending is at 22% while the year is 24% complete, with personnel costs cited as the primary driver of expenses.
Sinking fund balances listed in the minutes include ARPA: $582,000 (with $242,000 available for use), Reappraisal: $209,788, Equipment: $344,640, and Highway Paving: $358,388 among other accounts. The minutes also record town assets including the 10-acre Upper Hollow Road parcel and 308 acres at Raptor Lane.
