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Finance committee approves $1.55 million transfer to cover snow removal, road salt costs
3124534 · April 25, 2025
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Summary
Peabody's Finance Committee voted 5-0 to transfer $1,550,000 from free cash to cover this winter's snow removal services and sand/road salt costs: $1,065,000 for snow removal services and $485,000 for sand and road salt.
The Peabody City Council Finance Committee approved a $1,550,000 transfer from unreserved fund balance (free cash) to cover higher-than-expected snow and ice removal costs and the purchase of sand and road salt.
Finance staff (Mr. Gingras) told the committee, "Every year we come to you…
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