Board of Finance Addresses Economic Growth and Budget Challenges

Thomaston’s Board of Finance tackled key issues at its December 10 meeting, including a proposal to hire an Economic Development Manager, unanticipated budget increases, and grant-funded infrastructure improvements.

A proposal to create a $60,000-per-year Economic Development Manager position sparked discussion. The role would oversee efforts to recruit and retain businesses while securing grants. Questions about its effectiveness included a discussion to consider a part-time alternative plan.

The board approved $12,500 for engineering costs tied to the Greenway trail extension, part of a $5.7 million regional grant initiative. Additionally, a LoCIP grant will fund much of the $385,000 Elm Street reconstruction project, with costs partially borne by the town.

Budget reallocations addressed pressing needs, including $55,515 for police salaries and $12,000 for streetlight replacements. Rising legal costs due to FOI complaints were also discussed.

Full minutes of the board meeting are available here.

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