STOW FINANCE COMMITTEE APPROVES $415,529 IN YEAR-END TRANSFERS
Stow Finance Committee unanimously approves $415,529 in year-end transfers to close budget gaps. The general fund transfers, authorized by the Select Board, were drawn from salary savings in the Department of Public Works, Conservation, and Library to address a snow and ice removal deficit of
Finance Committee · Meeting of May 13, 2026
Stow Finance Committee unanimously approves $415,529 in year-end transfers to close budget gaps. The general fund transfers, authorized by the Select Board, were drawn from salary savings in the Department of Public Works, Conservation, and Library to address a snow and ice removal deficit of approximately $327,000. The committee also approved $18,000 in emergency reserve fund transfers for facilities and police vehicle costs.
According to Town Administrator Denise Dembkoski, approximately $50,000 remains in the reserve fund for the fiscal year.
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Source: the Finance Committee meeting of May 13, 2026, compiled from the official minutes.
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