Select Board Approves $486,544 in FY26 Year-End Transfers
The Select Board unanimously approves $486,544 in fiscal 2026 year-end transfers. The board approved $486,544.37 in transfers drawn from identified department underspending, expected to leave approximately $143,000 or more in unspent appropriations to fall to free cash. The board also declined to
Select Board · Meeting of July 8, 2026
MANCHESTER BY THE SEA — The Select Board unanimously approves $486,544 in fiscal 2026 year-end transfers. The board approved $486,544.37 in transfers drawn from identified department underspending, expected to leave approximately $143,000 or more in unspent appropriations to fall to free cash. The board also declined to draw on Finance Committee Reserve funds for water and sewer enterprise deficits, instead directing shortfalls to be covered by enterprise retained earnings.
Town Administrator Antonio Barletta updated the board on the transition to a new sanitation contractor and capital project status.
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Source: the Select Board meeting of July 8, 2026, compiled from the official minutes.
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