Belmont Light Board approves $650K voluntary payment to town
Belmont Municipal Light Board · Meeting of March 12, 2026
Belmont Municipal Light Board approves $650K voluntary payment to town. Chair Andrew Machado led the Board in unanimously approving the transfer from operating reserves to the town's General Revenue Fund. Finance Manager Maria Makar-Limanov presented preliminary 2025 year-end results showing income before contributions estimated at $1.3 million, aligned with budget.
The payment represents a historically flat-rate voluntary contribution in the mid-to-high range compared to other municipal utilities, distinguishing it from a mandated tax.
In the full story:
- The complete report — 286 words
Source: the Belmont Municipal Light Board meeting of March 12, 2026, reported from the official video recording and transcript.
Keep reading with a 14-day free trial
Subscribe to Belmont News to keep reading this post and get 14 days of free access to the full post archives.
A subscription gets you:
- Subscriber-only posts and full archive
- Post comments and join the community
- 24x7 access to local news