Finance Committee Meeting | June 8, 2026

The City of Watertown Finance Committee met on June 8, 2026, to discuss several financial and procurement-related matters. Key topics included approval of minutes from previous meetings, write-offs of uncollectible accounts, and budget modifications for economic development. The committee reviewed and recommended a resolution supporting the acquisition of property for the Hiawatha West STP station, which involves federal and state grant funding covering the majority of the estimated $405,000 project cost, with a local share projected around $83,000. The committee also discussed the city's continued involvement and contract with the Jefferson County Economic Development Consortium, ultimately recommending approval of a related resolution. Additionally, the committee convened in closed sessions to negotiate public property purchases and agreements, and approved a claim for damages. Motions related to these procurement and budget actions were passed by majority vote, with some members abstaining or opposing specific items.