Comprehensive Financial Advisory Committee 06-22-2026

The Comprehensive Financial Advisory Committee (CFAC) meeting held on June 22, 2026, focused primarily on the financial and legal considerations surrounding a potential ballot question related to the town's Capital Wastewater Management Program (CWMP). Town attorney Karen Nober provided detailed guidance on the ethical and legal restrictions for committee members regarding advocacy and use of public resources in relation to the ballot question. The committee discussed the importance of maintaining objectivity in their reports and communications, emphasizing the distinction between providing information and advocating for a particular vote. Additionally, the committee reviewed the CWMP funding model, exploring various financial scenarios including the impacts of debt exclusion and the Water Infrastructure Finance Fund (WIFF) on the town's operating budget. They deliberated on the need for a clear, strategic financial model to inform the town council and the public, and considered the governance and validation of the financial model as part of their due diligence. The meeting also addressed procedural matters such as the scheduling of quarterly in-person meetings and the use of AI tools for meeting minutes due to staffing constraints. Overall, the discussions centered on ensuring transparent, legally compliant communication and robust financial planning to support upcoming funding decisions for the CWMP.