Board of Finance
Tuesday, September 16, 2025
Significant
Fire Department Gets $119K for OSHA Compliance
BudgetPublic Safety
Why it matters
Fire Department receives critical funding to bring protective equipment into federal compliance after OSHA violations.
What happened
- Board approved $118,972.20 in additional funding for Fire Department personal protective equipment required by OSHA
- Town projects $7.6 million favorable budget variance for fiscal year 2025, driven by $4.9 million in increased revenue
- Board of Education ended fiscal year 2025 with $1 million deficit covered by internal fund transfers
- Town's pension fund portfolio valued at $492.5 million and OPEB fund at $102.5 million
- Board approved $35,549 in re-appropriations for FairTV ($16,855), Parks Department ($13,217), and Marina ($5,477)
What is next
- No next steps specified in these minutes.