|Address:||One North Main Road, Otis, MA 01253|
|Therese Gould||Chairperson||May 26, 2020|
|Walter Engels||May 25, 2021|
|Michael Ernst||May 24, 2022|
Members of the Finance Board are elected officials of the Town of Otis. They are responsible for reviewing the budgets of each town department and committee in consultation with the Select Board.
The Finance Board meets, in advance, with the Farmington River School Board and administration to review its budget before submission to the town.
This year, with two municipal bond proposals being considered, one for the Otis Wind Power Project and one for town wide broadband, the Finance Board has worked with the Select Board, the Energy Committee, the town treasurer and outside bond counsel to obtain the most favorable terms and interest rate for the wind turbine bond issue that was completed.
The Town of Otis has been granted a AA municipal bond rating reflecting the sound finances of the town.
The Finance Board would like to thank the Town Administrator as well as department and committee heads for their continued cooperation in considering budget requests that work with the tax and grant funds available.