At the Sept. 27 meeting, the assistant town administrator reviewed municipal finances and operations, saying the general fund had collected about 45% of real‑estate taxes and that the water fund was in positive cash flow.
She said the sewer fund’s cash flow was not as strong as water’s and reminded commissioners that sewer debt has long affected rate discussions. Delinquent accounts 60+ days totaled roughly $19,000, which she characterized as about an 8% delinquency rate; staff noted payment plans and assistance options are available.
The assistant administrator also said roughly 30% of customers now receive electronic billing, which staff view as a resilience measure to ensure billing continuity during weather events or public‑health disruptions.
Why it matters: fund performance and delinquency levels affect the town’s ability to meet debt service and operating needs; sewer indebtedness has been a recurring constraint in rate‑setting conversations.
No rate changes were proposed at the Sept. 27 meeting; commissioners discussed the long‑term debt burden tied to the sewer plant and the need to balance affordability with fiscal sustainability.