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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.