File #: 25-0091    Version: 1 Name:
Type: Action Item Status: General Agenda
File created: 6/18/2025 In control: Public Meeting
On agenda: 6/25/2025 Final action:
Title: Borrowing Update Summary: The Town has determined the need to borrow funds to complete the projects outlined in the current Capital Projects Plan. The Financial Advisor will provide an update on the current borrowing needs and recommend the methods of borrowing available to the Town.
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Summary

To: Finance and Infrastructure Boards

From: Gay Lancaster

Date: 6/24/2025

______________________________________________________________________

Subject:

Title

Borrowing Update

 

Summary:

The Town has determined the need to borrow funds to complete the projects outlined in the current Capital Projects Plan.  The Financial Advisor will provide an update on the current borrowing needs and recommend the methods of borrowing available to the Town.

End

Body

Previous Commission Action: NA

Background/Problem Discussion: NA

Expenditure Challenges  NA

Financial Implications:  NA

Recommendation:  Approval to move forward with borrowing

Proposed Motion  Approval