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Selectboard approves FY24 draft audit and reviews sinking fund balances
Summary
Dorset's Selectboard approved the FY24 draft audit and reviewed sinking fund balances including ARPA, equipment and paving funds; delinquent taxes were reported at $150,075 as of Aug. 20, 2024.
The Selectboard reviewed the FY24 draft audit included in the meeting packet and approved it by a 3-0 vote. Jim Salsgiver moved and Frank Parent seconded the motion to accept the draft audit after a brief discussion noting no negative or deficient findings.
The finance report also listed delinquent taxes at $150,075 as of Aug. 20, 2024 (compared with $141,826 last year) and provided sinking fund balances including ARPA at $582,000 (with $242,000 available), Reappraisal $209,788, Equipment $344,640 and Highway Paving $358,388. The minutes noted the town was slightly over budget for FY24 (about 1% after bond-related expenses).
Board members approved the finance report by a 3-0 vote. Meeting minutes also record debt figures, including the 2021 Town Office Bond balance of $3,600,000 and various asset holdings.
