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The Board of Finance unanimously approved returning $282,457.47 from residual capital project balances to the Master Account in the CNRE Fund. It also unanimously appointed Mahoney Sabol as the town’s auditor for fiscal year 2025-2026.
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Unused balances from completed capital projects will be returned to the town’s central CNRE account. The board discussed creating an OPEB trust for retiree health benefits and potentially contributing $1 million to $1.5 million, but took no action and will continue discussing the proposal. The board also reviewed a projected $500,000 fund balance and noted $315,000 in required private-school student transportation costs.
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