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Selectman Fortin pushes for clearer budget reporting on borrowed amounts and sinking funds
Summary
At the Aug. 11 meeting Selectman Sandy Fortin requested budget documents separately list borrowed amounts from investment accounts and proposed raising sinking funds; Selectmen did not take an immediate vote but recorded the request for future budget work.
Selectman Sandy Fortin asked that the town's budget documents show borrowed amounts taken from investment accounts as separate line-items and suggested increasing sinking funds. Fortin asked for budget-member information so the board and budget committee have clearer data for fiscal planning.
The item was recorded as a budget request and procedural direction; no formal motion or vote on the proposed reporting changes occurred during the meeting. The Selectmen will consider Fortin's request as the budget is prepared for upcoming cycles.
