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The committee unanimously requested an ARPA reconciliation report covering funds received, disbursed, remaining, and planned for 2026, along with a written explanation of the FY2025 school salary budget variance.
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Members reviewed budget and actual revenue figures, including $275,000 in electrical permit revenue versus a $125,000 budget and $1.7 million in investment income versus a $190,000 estimate. They said large differences in projections can affect future tax rates and requested clearer financial information. The committee also voted to send a subcommittee report to the Town Manager for review and feedback.
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