At the June 1, 2026 Board meeting, the District Manager reported that free cash certification materials had been uploaded to the Massachusetts Department of Revenue portal but final submission was paused to resolve an outstanding issue in the capital projects account related to the Baldco Land Acquisition matter. He noted that he and the Treasurer/Collector were working with the District's consultant and making progress to ensure the account is correct before filing. Because free cash is a key tool the District uses to avoid small borrowings and to fund capital improvements and emergencies, accurate capital project accounting is critical to its financial strategy.This situation highlights ongoing needs for municipal utility financial consulting, capital project accounting support, and potentially system improvements to track land acquisition and capital expenditures. Vendors offering public-sector finance, ERP, and capital accounting advisory services can assist the District in refining its financial processes ahead of upcoming budget and CIP decisions.

The District is working with an unnamed consultant on the Baldco Land Acquisition capital account, implying existing consultant relationships but also a continued need for specialized financial expertise.