Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Bow selectmen adopt 8%–14% fund‑balance policy to guide reserves
Summary
The Bow selectmen voted to adopt a formal fund‑balance policy setting a target range of 8%–14% of the combined budget base, providing guidance for tax stabilization, capital planning and emergency use. The policy passed after extended discussion about appropriate minimums.
Bow Town — The Board of Selectmen voted Sept. 23 to adopt a formal fund‑balance policy that sets an unassigned fund‑balance target range of 8% to 14% of the town’s combined tax base for town, school and county obligations.
Finance staff presented year‑end figures and a range of options and recommended a policy that establishes a minimum and a target to support…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
