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Selectman asks for clearer listing of borrowed investment amounts in budget documents
Summary
At the Aug. 11 meeting, Sandy Fortin asked that amounts borrowed from the town’s investment accounts be listed separately in budget documents and urged raising sinking funds; selectmen recorded the request for follow-up.
During the meeting’s budget discussion, Sandy Fortin asked that the town show amounts borrowed from investment accounts separately in budget schedules and proposed raising sinking funds and collecting contact information for budget committee members.
The minutes record Fortin’s request specifically as: “Would like to see the borrowed amounts from the investment account listed separately. Raise sinking funds, get budget members information.” Selectman S. Ribble also noted a donation of funds in lieu of reimbursement for a town dinner purchase.
The request was logged for future budget work; the minutes do not record a formal vote on changing budget presentation.
