Lisbon residents concerned about solutions to town’s $2.4 million financial error


 

LISBON (WGME) – A Lisbon Town Council meeting was packed with people worried about a potential tax increase Tuesday night.

This comes after an auditing firm reviewing the town’s finances discovered a multi-million-dollar error.

Now some are worried they’ll be forced to foot the bill to get the budget back on track.

Residents want an investigation done, and they want a forensic audit of the town’s budget.

An accounting firm says the town ended up having to fill a $2.4 million hole.

Lisbon leaders chose to dip into their rainy day fund to remedy part of the problem.

The town is now telling residents there will be a tax increase and many are worried about how much their taxes will go up and if they can afford it.

On top of all this, just last week, the town’s finance director, Samantha Bryant, submitted her resignation, effective July 2.

Her resignation letter doesn’t say why she’s leaving.