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Selectman Fortin urges clearer budget accounting for borrowed amounts and sinking funds
Summary
At the Aug. 11 meeting, Selectman Sandy Fortin asked that borrowed amounts held in investment accounts be listed separately in the budget and recommended raising sinking funds and collecting budget-member information.
During the budget discussion, Selectman Sandy Fortin requested that amounts borrowed from the town’s investment accounts be shown separately in budget documents. Fortin also recommended increasing sinking funds and gathering contact information from budget committee members to improve transparency and recordkeeping.
The request was recorded as a budget-item discussion; the minutes do not show a formal motion or vote on the requested accounting changes, so any implementation would be administrative and subject to future follow-up by staff and the committee.
