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Finance Committee reopens and approves $500,000 transfer to OPEB trust

3180178 · May 2, 2025
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Summary

The Nantucket Finance Committee reopened Article 24 and voted unanimously to appropriate $500,000 from certified free cash and $500,000 from the fiscal 2026 tax levy to deposit into the town's Other Post-Employment Benefits (OPEB) trust fund.

The Nantucket Finance Committee on May 1 reopened Article 24 and approved a motion to appropriate $500,000 from certified free cash and $500,000 from fiscal 2026 tax levy and other general revenues to deposit into the town's Other Post-Employment Benefits (OPEB) trust fund.

Committee members voted unanimously to reopen the article and to approve…

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