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Meeting Name: Finance Committee Agenda status: Final
Meeting date/time: 8/20/2025 5:00 PM Minutes status: Final  
Meeting location: Town Hall Annex Building - Hybrid Format
Joint Work Session- Finance Committees - Town Council & Board of Education
Published agenda: Agenda Agenda Accessible Agenda Accessible Agenda Published minutes: Minutes Minutes Accessible Minutes Accessible Minutes  
Agenda packet: Agenda Packet Agenda Packet
Meeting video:  
Attachments:
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
25-2364 11. General DiscussionRound table discussion to collaborate on initiatives for the preparation of the Fiscal Year 2026/2027 Budget to include the following: ü Budget format to provide transparency to residents, as provided in the December 11, 2025 Letter of Directive; including the format of budget question presented to voters, (separate General Government and Board of Education); ü Options to reduce expenses and minimize budget increases; · Potential areas to share/consolidate/regionalize services, purchasing, contracts, etc., between the General Government and Board of Education and/or for privatization; ü More accurately estimate projected budget revenues; ü Guidance for negotiation and execution of contracts (labor, services, supplies, utilities); ü Recording expenses on the appropriate side of the budget ledger for accuracy and transparency. · Employees & Retirees Healthcare expenses. · School Nurses ü Long term planning for Capital Improvement Projects (CIP); ü Potential ways to improve publicizing the Annual Budget and communication to engage residents throughout the process; and avoContinue  Action details Not available
25-2365 12. General DiscussionBudget revenues and process to record and expend additional revenues received.Continue  Action details Not available
25-2366 13. General DiscussionJoint Quarterly Meeting Dates.Continue  Action details Not available