News

Prospect Town Council approves $2.3 million in fiscal budget allocations. The Council unanimously approved nine budget line items during a special workshop on April 21, 2026, including $532,295 for Fire Protection (reduced by $6,500 after discussion), $267,665.61 for Insurance, and $204,237 for

Prospect Town Council approves $1.44 million police budget after debate on spending. The council voted to cut the police department's vehicle computer supplies line from $22,000 to $20,000 on a 5-3-1 vote, with the overall police budget ultimately reduced by $9,000 to $1,437,655.59 and approved

Prospect Town Council unanimously approved a $79,953 budget transfer while addressing acute cash flow problems. The council authorized $79,953 in transfers, with $34,454 allocated to truck fleet maintenance. Chairman Michael Palmerie Jr. disclosed that despite a $1.4 million general fund balance,

Prospect Town Council approves most budget items in special workshop. The council unanimously approved budgets for nine departments, including Solid Waste at $795,640 and Library at $392,345, during its May 18 special meeting with all nine members present. Parks and Recreation spending split the

Prospect appoints auditor, confronts $1.5 million deficit with borrowing plan. The Town Council unanimously appointed Clermont Associates as auditor for $22,000 annually after the previous financial consultant died in mid-April. Auditor Dave Cappelletti presented a concerning fund-balance trend,