Board of Finance approves youth employment grant and equipment lease
Madison's Board of Finance unanimously approved three items at a July 27 special meeting. The board accepted a recurring annual grant of $12,808 from Work Force Alliance for the MYFS Summer Youth Employment Program.
Board of Finance · Meeting of July 27, 2026
CT MADISON — Madison's Board of Finance unanimously approved three items at a July 27 special meeting. The board accepted a recurring annual grant of $12,808 from Work Force Alliance for the MYFS Summer Youth Employment Program. Separately, it approved moving Public Works' replacement of a 2003 Volvo Wheel Loader forward from FY 29-30 to FY 26-27 in the Capital Improvements Plan.
The vehicle is no longer serviceable. The board also unanimously amended the five-year Capital Lease agreement with First American to purchase a 2026 John Deere 544p-Tier Wheel Loader and related equipment, increasing annual lease payments by $49,000. First Selectwoman Peggy Lyons was authorized to sign lease documents.
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Source: the Board of Finance meeting of July 27, 2026, compiled from the official minutes.
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