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Trustees press town manager on profit‑and‑loss report after trustees flag discrepancies
Summary
Trustees identified discrepancies between the profit‑and‑loss statement and the 2025 budget and called several blank/incorrect percentage lines "errors"; town manager said incomes have not yet been consolidated and will investigate and return corrected figures.
Trustees pressed Town Manager Caleb Patterson (S11) and staff about a profit‑and‑loss statement presented to the board, saying key lines do not match the board‑approved 2025 budget. Trustee (S6) noted the packet shows total income of $836,625 versus the budgeted approximately $822,000 and pointed to blank percentage cells such as the 'road and bridge, Teller County' line.
"This is just a cursory ... and this is full of errors," Trustee S6 said, calling into question the reliability of a report presented for oversight. Patterson acknowledged the presentation used the chart of accounts rather than a consolidated budget view and said staff would investigate the differences and provide corrected information for trustee review. Trustees asked for clearer monthly budgeting going forward and asked staff to reconcile the presentation with the approved budget.
