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The board approved a $1,046,006.36 payroll warrant covering annuities and pensions, along with additional cash disbursements totaling $48,686.10. It also unanimously approved moving forward with a proposed pension software contract, subject to Town Counsel reviewing both the new and current contracts for early-termination penalties.
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The approved payroll warrant authorizes more than $1 million in annuity and pension payments. The board also approved the 2025 annual statement and the February 2026 financial report, with one member recusing himself from that vote. One retiree has not returned a required affidavit; the board directed one more certified mailing and may switch payments to checks and hold them if there is still no response.
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