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FinCom withdraws combined sewer borrowing motion, approves Wastewater Enterprise budget
Summary
After withdrawing a motion that bundled a $3 million sewer borrowing article, the FinCom recommended the Wastewater Enterprise budget ($1,408,082) and noted a 2020 authorization to borrow $3 million for the sewer extension.
The FinCom considered both the Wastewater Enterprise operating budget and a proposed town share of borrowing for sewer expansion but withdrew the combined motion and ultimately recommended the enterprise operating budget alone.
Rachel Orr initially moved to recommend both the Wastewater Enterprise budget ($1,408,082) and a $3,000,000 town share of borrowing for sewer expansion; that combined motion was withdrawn. The minutes note a 2020 authorization to borrow $3,000,000 for the sewer extension, and the committee later voted to recommend the Wastewater Enterprise budget ($1,408,082) as presented, with a unanimous 7–0 vote.
Committee members asked staff to research the 2020 borrowing authorization and to provide clearer documentation about how any new borrowing would interact with prior authorizations and planned project phases before Annual Town Meeting.
