The Bremen Board of Selectmen will discuss a potential change from a calendar year to a fiscal year for budgetary purposes during the board’s meeting Thursday, Oct. 20.
During the selectmen’s meeting Thursday, Sept. 1, the board discussed the process for transitioning from a calendar year to align with the state’s fiscal year of July 1 through June 30.
Selectman Wendy Pieh said the move would aid the budget process as portions of the budget, including the school budget, would be more clear.
“In the past … we didn’t know how much money we needed to have to cover school funds, and so there were projections and estimates, but we found ourselves having to have two or three meetings, so we are going to suggest we go and change over to the same fiscal year as the state,” Pieh said.
She said the potential change would require a vote at a town meeting.
Pieh said the town has been saving up for four or five years, slowly building the necessary funds to cover the transition.
The town’s assessors’ agent, Jim Murphy, will attend the October meeting. Selectman Boe Marsh suggested contacting Murphy to see if the town’s auditor, Bill Brewer, should also attend the meeting.
