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Town Administrator: one bid for treasurer/collector services exceeds FY27 budget placeholder
Summary
Town Administrator Cristina Ferrera reported one complete proposal from Mass MuniFin, Inc. for Treasurer/Collector services; the proposal exceeds the FY27 budget placeholder and a Reserve Fund transfer will be required before executing a contract.
Town Administrator Cristina Ferrera told the Select Board that the procurement process for Treasurer/Collector services produced one complete proposal from Mass MuniFin, Inc. Ferrera said the proposal amount exceeds the FY27 budget placeholder, so a Reserve Fund transfer will be needed before any contract can be fully executed.
Ferrera confirmed that no contract vote was taken at the July 6 meeting. The board was not presented with a final contract due to the budget shortfall; further action will be necessary once the Reserve Fund transfer is arranged or other budget adjustments are made.
The report did not identify the proposed contract amount or the schedule for a future vote; Ferrera listed the procurement completion and the fiscal constraint as the key outstanding items.
