Low reserves may force town's hand
June 9, 2022
During last week’s review of the budget before its last reading, a concern over the $50 in the waste water reserve at this time was brought to the council’s attention by town treasurer Cheryl Schneider, who said, “$50 is not enough to do a reserve amount.”
She acknowledged the difficult conversation to which this situation returns the group, however, “That $50 is the lowest I’ve seen it since I’ve been here so that’s pretty low and scary.”
Schneider explained to recharge that account will necessitate action: “If we did a 45₵ increase on the current residents who are pa...