Greenwich finance board reconciles $9 million in old bond funds
Other Committee · Meeting of April 21, 2026
Greenwich finance board clears $9 million in decade-old bond funds, presses staff on suspended speed cameras. The Board of Estimate and Taxation voted 12-0-0 to reconcile 11 years of bonded capital projects, directing $7,623,052.18 to the Central Middle School project and $1,395,144.16 to the Cos Cob pump station. The board also accepted the town's fiscal 2025 federal single audit, which found three significant deficiencies and three material weaknesses, unanimously.
Comptroller Joan Lynch told members the town received a $480,000 payment from vendor Blue Line Solutions on April 16 despite the camera program being suspended April 2, tied to 4,822 March citations. Member Tarkington said the cameras cover "a small area of town dominated by the private schools." Member Bednar pressed on potential lease liability if the cameras stay off permanently; Lynch said the signed contract specifies "no cost" to the town.
In the full story:
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Source: the Other Committee meeting of April 21, 2026, reported from the official video recording and transcript.
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