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Templeton advisory committee votes to add investment-earnings figures to quarterly and annual reports
Summary
The Templeton Advisory Committee voted to recommend adding amounts earned in town investment accounts to both quarterly reports and the town's annual report and asked the select board to review statutes that govern municipal investing.
The Templeton Advisory Committee voted to recommend that the town include amounts earned in its investment accounts in the quarterly financial reports and in the annual report, saying taxpayers have a right to a clear snapshot of invested funds and returns. Noel Francis, chairperson of the Templeton Advisory Committee, led the discussion and the committee approved the recommendation by roll call.
Committee members said…
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