The Town Council met on Monday, March 2, 2026, at 7:00 PM in Town Hall Council Chambers. The meeting featured a presentation of the annual audit for FY2025, public comments on a range of issues, approval of a consent agenda, reports from the Town Manager and Finance Director, several appointments, and discussions on sidewalk clearing and community acceptance.
Joe, Kim didn't get any water. Good evening. I'd like to call this meeting to order for Monday, March twenty s uh March second, twenty twenty six, uh from North Kingstown Town Council, and welcome to the People's House of North Kingstown. Um tonight uh we were supposed to have a joint meeting with the school committee, but their building committee is also meeting tonight. So uh the school committee could not um have a quorum for uh this joint meeting, so they are not here. In addition, uh Mr. McCoy and Matt McCoy, Council McCoy is in Washington DC uh advocating on behalf of the veterans of foreign wars. He is not here. Um pursuant to our down general laws forty two forty six dash six C notice of this meeting has been posted. The Secretary of State's website. Uh since we last met, town resident Richard Santos has passed away. Uh he was a beloved husband of Patricia Santos. Uh he's a proud US uh army veteran, served our country honorably as a sergeant, and uh following that he uh uh moved back to North Kingstown and had a um respected career in sales. I'd ask uh we do the Pledge of Allegiance and have a moment of silence and honor on Mr. Santos. Thank you. Um we have special business as a presentation uh to town council uh of the um uh uh uh by C B I Z CPA's and the audit committee um on our annual audit re uh report for fiscal year uh that it ends June t thirtieth, twenty twenty-five. Is uh C B I Z here? Come on up, all right. Uh good evening everybody. Just state your name and that'd be good going, that'd be great. Yeah, absolutely. Uh my name's Kyle Connors. I'm a managing director with CBiz. We serve as the uh town's third party independent auto auditors. Well, I've got the date wrong, but that snowstorm uh threw us. No worries. So I'm glad to be dug out of that. Certainly feel free to ask questions as we go through go through the uh report. I'll do do my best to answer them for you. Uh if you were to read through our financial statements, you read that we issued a clean financial statement or clean opinion, which means we feel the financial statements are free of material misstatements. Um, Deb and and uh and her team and Leslie at the school, just great people to work with. Um the information that they provided us was clean. Hopefully that means the information they're providing you on on a month-to-month basis is is reliable. Overall fund balance increased in the town's general fund by 2.7 million dollars on a budgetary basis. So when you look at your how you performed budget compared to actual, uh it increased 2.7 million, and that provides the town with unassigned fund balance at your end of 21.6 million. When we look at your your fund balance, typically uh we compare it to your budget as a percentage to see what's considered healthy. So that 21.6 million represents just under 20 percent of your operating budget, which is a pretty uh healthy target, a healthy place to be. So uh I have a question, if I may. Sorry. Uh on that uh on that issue, which is uh uh in the report you gave us, you said um one of your statements was um you had an increase of 15 million from the previous year uh of your fund balance. Is that correct? Or did I read that wrong? So did I am I catching you off guard also? Uh that that was my one one of my questions. I don't have a lot, by the way. That's okay. Uh so are we talking about the general fund? Uh financial highlights. As of the close of the current yeah, the North Kingstowns uh total government funds reported uh combined and ending fund balances of 58 million, an increase of 15 million from the previous year.