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11-20-24 Board of Finance, Town of Madison CT

Board of Finance · November 20, 2024

Madison Board of Finance met to approve minutes and multiple funding requests, advance revisions to the town deferred compensation plan (noting an estimated $188,000 budget impact), allocate ARPA and CIP balances, approve a consultant payment for an IRA tax-credit application tied to a geothermal project, set the tax-deferral interest rate at 1.55%, and hear tributes to a long-serving member who announced retirement.

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