Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Municipal Finance topic
No spam. Unsubscribe anytime.
Select Board approves nearly $1.3M in FY26 transfers to close out year
Summary
Finance staff outlined roughly $1.3 million in transfers to cover departmental deficits and reallocate surpluses across functions (solid waste, fire overtime, unemployment compensation, highway salaries, senior-center lease). The board approved the transfers as presented.
Finance staff presented a package of budget transfers totaling about $1.3 million to address FY26 shortfalls and reallocate funds for personnel, operations and one-time expenditures. Staff identified principal drivers: solid-waste program advertising costs, unanticipated firefighter overtime and buybacks, dispatch overtime for vacancies, unemployment compensation, and highway salary shortfalls due to staffing gaps.
Board members asked whether recurring patterns suggested adjustments to next year’s budgets; staff agreed to perform a multi-year review to identify trends and recommended near-term adjustments for known under-budgeted accounts. The board voted to approve the transfer package.
