Wayland Finance Committee sends surplus to free cash

Wayland Town Crier 7/5/12: Wayland Finance Committee sends surplus to free cash. The Finance Committee last week decided to take no action on approximately $985,000 in surplus funds from fiscal 2012, allowing the money to fall into free cash. The other alternative for the money would have been to put all or part of it toward the Other Post-Employment Benefits (OPEB) trust fund, which supports health care benefits for retired town employees.

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