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New Acton treasurer-collector outlines debt-tracking, banking changes and tax-title strategy
Summary
Patrick McIntyre, who began as Acton’s treasurer‑collector in July, briefed the Select Board on operational changes intended to improve transparency, investment returns and cash management.
Patrick McIntyre, who began as Acton’s treasurer‑collector in July, briefed the Select Board on operational changes intended to improve transparency, investment returns and cash management.
McIntyre said the town is implementing UniBank’s BaseFund online debt-tracking software to centralize debt reporting and to give read-only access to auditors and other officials. He also reported a planned Oct. 1 conversion of eligible trust funds from the state’s older legal‑list investments to the “prudent investor” standard, which the town expects will broaden allowable investments and…
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