The discussion on the establishment of a revolving fund to manage funds derived from energy credits stood out as a key focus. The proposed fund aims to support clean energy projects and address urgent infrastructure needs without waiting for town meeting approvals. By setting up a revolving fund, the town manager would have the flexibility to allocate resources efficiently, addressing immediate needs such as repairs or literacy initiatives. The alternative, allowing such funds to revert to free cash, would permit broader application but might delay addressing emergency requirements.

The proposed fund stems from historical overpayments for electricity, resulting in credits on the town’s accounts, facilitated by Eversource. These credits, part of net metering contracts, are expected to save the town approximately $370,000 annually, covering electricity expenses and supporting energy projects like chillers and refrigeration systems. The board acknowledged the potential benefits of both approaches, debating the broader application of the fund and its flexibility in addressing various capital projects.

Concerns were expressed about the limitations on expenditures. A clear policy for fund allocation was suggested, empowering the Department of Public Works (DPW) to undertake necessary projects previously constrained by budget limitations.

Alongside the revolving fund discussion, the board addressed significant infrastructure needs. The HVAC systems at the police station and town hall were highlighted as urgent priorities. Temporary window units have provided relief, but long-term solutions are needed. A proposal for a revolving fund was discussed as a means to access necessary funds within the current fiscal year. The importance of capital projects and energy efficiency was emphasized, with suggestions including window replacements contributing to energy improvements.

The board also deliberated on the town’s recreational facilities, particularly regarding financial concerns and user engagement. The current fee structure for sports programs, including a per player fee that helps cover maintenance costs, was discussed. The board noted challenges in programming, particularly for teens and vulnerable populations, and acknowledged the declining usage of town pools, leading to discussions on possible adjustments to encourage more visitors.

The meeting also covered several articles related to town projects and funding allocations. Article 9 focused on a water main replacement project, while Article 10 addressed sewer line replacements in the same area. Both projects are crucial due to the age and condition of the infrastructure. Article 11 proposed replacing outdated water meters, with a five-year repayment schedule aligning with capital fund availability.

Further discussions included the allocation of $400,000 from a Department of Public Works lawsuit settlement to support the demolition of the old DPW facility, funding for new equipment for the grounds division of the DPW, and replenishing reserve funds depleted by recent expenses.

The meeting concluded with updates on various town projects and administrative matters. The board discussed the stretch code project, emphasizing the importance of community engagement and education. Plans for future presentations to the Select Board and community input sessions were outlined.