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Council adopts $6.25 million monthly budget for August to keep town operating
Summary
With no final annual budget in place, the council approved a monthly spending plan for August totaling $6,253,330 to allow continuity of town and school payments while the full budget remains under consideration.
The council approved a provisional monthly budget for August to cover town government and education expenditures while the full fiscal-year budget remains under consideration. The total figure proposed for the month was $6,253,330; a council member moved the motion and the item passed by voice vote.
Staff said the education number rises slightly with the start of the school year while town government payments have already begun; the monthly figure covers both sets of expenditures so payroll and vendor obligations can be met until a full-year budget is adopted. The council had no further discussion and adopted the monthly budget.
