Finance Committee approves $1.2M year-end transfer
The Finance Committee unanimously approved a $1,234,877 year-end transfer of funds, with the largest portion directed to financial consultants addressing a cash reconciliation backlog and Finance Department vacancies.
Finance Committee · Meeting of June 29, 2026
HUDSON — The Finance Committee unanimously approved a $1,234,877 year-end transfer of funds, with the largest portion directed to financial consultants addressing a cash reconciliation backlog and Finance Department vacancies. Finance Director Neil Vaidya and Town Manager Thomas Gregory explained that the $532,000 consulting allocation includes fees already incurred for work by Robert Half, Capital Strategic Solutions, Mass MuniFin, Aponte & Aponte, Stephen Barrett, and Marcum. Free Cash for fiscal year 2025 was certified at $6.9 million, below initial projections, requiring Articles 7 and 12 to be passed over at Town Meeting.
In the full story:
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Source: the Finance Committee meeting of June 29, 2026, compiled from the official minutes.
Checked against the official minutes.
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