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Trustees report FY27 budget presented to BOS; board to draft MOUs with selectmen and Friends
Summary
Trustees said they presented the FY27 full budget plan to the Board of Selectmen, who agreed to involve the full budget. Trustees will draft MOUs with the BOS and the Friends group and seek monthly accounting detail from the town.
Trustees reported that they presented the FY27 full budget plan to the Board of Selectmen (BOS) and that the BOS agreed the budget would be included in the town's process. The board agreed to work with Sue on solutions and requested monthly detail from the town to clarify accounting going forward.
As part of governance clarifications, trustees instructed staff to draft two memoranda of understanding: one between the Board of Trustees and the Board of Selectmen and another between the Board of Trustees and the Friends organization to define roles and financial processes, particularly around accounting and budget oversight. No formal vote was recorded on the MOUs; drafting and follow-up were assigned as next steps.
Trustees scheduled future coordination steps including an annual meeting with the Trustees of the Trust (TOT) and a September meeting with Steve from TOT to align plans.
