Apr 14, 2026Board meeting
Fitchburg Finance Committee Meeting
The committee reviewed financial reports, including the December 2025 treasurer's report and the January 2026 report. Discussions focused on debt service account management, including timing of principal and interest payments and the use of bond premiums. The committee also covered the status of finance software implementation projects, fire department overtime budget management, and the carryover methodology for roadway supplies. Additionally, an ordinance was reviewed and discussed concerning the streamlining of processes for the capital improvement plan, purchasing, and surplus asset sales.