Town Meeting Approves Revisions to Water and Sewer Indirect Cost Sums

Key Points

  • Revises indirect cost allocations for water and sewer departments
  • Amends a previous vote from the May 1994 Annual Town Meeting
  • Ensures accurate accounting of administrative overhead

Town Meeting members approved Article 23, which sought to revise the sums allocated for indirect costs attributable to the water and sewer departments. The article acted as an amendment to a previous vote taken during the May 1994 Annual Town Meeting.

The adjustment ensures that the financial records accurately reflect the administrative and overhead costs that the town's general fund provides to the water and sewer utilities. The motion was made by the Chair of the Warrant Committee and passed without significant debate.

Motion: To amend the vote of the 1994 Annual Town Meeting regarding indirect costs.

Vote: Passed