Boxborough Select Board and Finance Committee review audit findings
Boxborough's Finance Committee and Select Board held a joint meeting March 31 to review FY25 audit findings revealing multiple-year accounting discrepancies. Select Board members Priya Sundaram, Robert Stemple, and Kristin Hilberg reviewed issues including a $144,000 police detail deficit spanning
Select Board · Meeting of March 31, 2026
Boxborough's Finance Committee and Select Board held a joint meeting March 31 to review FY25 audit findings revealing multiple-year accounting discrepancies. Select Board members Priya Sundaram, Robert Stemple, and Kristin Hilberg reviewed issues including a $144,000 police detail deficit spanning 12 years, approximately $200,000 in cash reconciliation discrepancies, and OPEB funding problems. Hilltop, the town's bond rating agency, was consulted and indicated no current impact to ratings.
Town Administrator Michael Johns pledged management will develop a formal audit response and update town policies on reserves and accounts management.
In the full story:
- The complete report — 280 words
Source: the Select Board meeting of March 31, 2026, compiled from the official minutes.
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