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Board authorizes interest-bearing town accounts and hears debate over wages and reserves
Summary
The board adopted a resolution to allow the town clerk to open two interest-bearing Community Bank accounts (tax collection and water/sewer) pending fee confirmation, and heard public-board comment urging caution on a proposed 6% wage increase and recommending using designated reserves or internal loans for major sewer projects.
The board adopted Resolution 25 of 2025 allowing the town clerk to open two interest-bearing checking accounts (a tax collection account and a water/sewer account) with online access at Community Bank, subject to confirmation there are no account fees. The resolution passed by roll call.
During public comment, a board member speaking as a taxpayer urged restraint on a proposed 6% wage increase and suggested the board consider a lower figure given expected insurance and retirement cost growth: "I am speaking as a taxpayer. I want to talk about wages... I don't understand why it is proposed to give a 6% increase in wages," she said. Board members discussed designated reserves, potential internal borrowing to advance sewer projects, and the need to balance fiscal flexibility with long-term sustainability. The board said it is already moving to designate reserve funds and would continue to weigh borrowing options versus grant timing.
