An amended fiscal policy was presented to the Select Board during July 28’s meeting, but the item was tabled to allow more time to address board members’ questions and concerns.

The adjustments to the policy were made to ensure consistent formatting, correct grammar and punctuation, align the document with current practices and language and expand the debt policies in line with recommendations from the Government Finance Officers Association (GFOA) Best Practices for Debt Management Policy.

Town Financial Director Laura L. Sitrin emphasized the importance of the policy, noting that it is not only important for the town, but also closely reviewed by purchasers of the town’s bonds.

Key updates included clarifying language to prohibit the use of one-time revenues for ongoing operations (“w

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