Topics: Municipal Finance

CHATHAM – It's been a long struggle for Dale Eldredge. A native who graduated from Chatham High School in 1993, Eldredge spent a dozen years working to acquire the title to a lot on Stony Hill Road owned by his family. Originally owned by his grandmother, the property's ownership was shared by a number of aunts and uncles; Eldredge had inherited his share when his father passed away. Over the years he was able...

Town Finances: Healthy And Getting Healthier

By: Ed Maroney

ORLEANS — With significant borrowing for capital projects on the horizon, there was good news for the town from its independent auditor last week. Tony Roselli, managing partner of Roselli, Clark & Associates, said a recent audit and a conversation with Standard & Poor's indicated that the town would maintain its top-rank AAA bond rating. “You've managed to increase your reserves the last three years...

Harwich Names Former Orleans Finance Director To Interim Post

By: William F. Galvin

HARWICH — The board of selectmen approved the recommendation of Town Administrator Christopher Clark to appoint David Withrow as interim town accountant/finance director through March 31. Withrow will serve in the interim capacity while the town conducts a search for a new full-time town accountant/finance director to replace Andrew Gould, who announce his resignation a couple of weeks ago and will be taking a...

CHATHAM – A $103,771 overdraft for police and fire overtime in fiscal 2016 caught the attention of the state department of revenue, which told the town in no uncertain terms that this sort of deficit spending isn't allowed. “I expect that this will not become an annual event,” Marie Jane Handy, director of accounts at the DOR, wrote in a bolded paragraph in a Sept. 22 letter to Town Manager Jill Goldsmith. “I ...

CHATHAM – In a wide ranging discussion, officials launched into preparations for the fiscal 2018 budget last week, touching on topics ranging from staffing levels to ways to fund the town's post-employment benefits obligation. If the current fiscal year is anything to go by, Chatham is doing well financially. Overall growth in property values of 3.8 percent plus higher than anticipated revenue kept the tax rat...

ORLEANS — In a display of collegiality, the finance committee eschewed the dais Oct. 13 and sat around a table with representatives of town consultant AECOM to parse a proposed nearly $3.3 million in water quality project spending. Voters will decide the fate of the package Oct. 24 at a special town meeting at 6:30 p.m. at Nauset Middle School; the committee is scheduled to meet there at 5:30 p.m. to vote its rec...

Selectmen Issue FY18 Budget Message To Town Administrator

By: William F. Galvin

HARWICH — The FY18 budget message presented to Town Administrator Christopher Clark by selectmen states clearly the board's directive to stay within the limits of Proposition 2½, and to assist in doing so, the board is discouraging new hires and increased hours for part-time employees. “I view this as the most important document the board of selectmen votes in the year,” Selectman Peter Hughes said. Selectm...