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The Town Council unanimously approved $60,850 in payroll-account transfers and shifted $33,812.45 from health insurance to a contractual severance benefit for a retiring Parks & Recreation director. The finance report said revenues were on budget after 11 months, with no major expenditure problems identified.
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The approved transfers adjust existing budget accounts rather than add new spending. The council also received an update that the Waterside Lane Bridge replacement is now expected to begin in fall 2029 instead of 2026; the project is described as fully reimbursable through the State Bridge Program. The estimated unassigned general fund balance for June 30, 2026, is $14,176,598, or 21% of the total budget.
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