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Treasurer reports roughly $93,000 in Northborough elderly-and-disabled fund; committee considers outreach and threshold review
Summary
At a March 31 remote meeting, the Town of Northborough Elderly and Disabled Taxation Fund Committee heard a treasurer's report showing a balance reported at roughly $93,007, discussed fundraising via the tax-bill checkoff and a $10,000 recurring donor, and agreed to revisit eligibility thresholds in the fall.
Lisa Trost, the committee treasurer, reported at the March 31 remote meeting that the Elderly and Disabled Taxation Fund ended last year with $79,576.48 after grants of $9,179.28 and that the account has since received interest and donations raising the balance to about $93,007.67. "So we ended last year at 79,576.48, and that was after we... had granted 9,179.28," Trost said, and noted interest revenue and donations since then, adding that $10,000 of the recent donations came from a recurring generous donor.
Trost said much…
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