Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Municipal Finance topic
No spam. Unsubscribe anytime.
Winter Harbor selectmen approve warrants and financial reports; investments and tax collections reported
Summary
Selectmen approved minutes, two warrants, the treasurer's report and the tax collector's report (each recorded 2-0); the meeting also recorded account balances, a CD, bond market values and tax collection percentages for FY24 and FY25.
The Town of Winter Harbor selectmen on July 28 approved routine financial items and heard a summary of the town's balances and tax collection figures.
The board approved the Selectmen Meeting Minutes of July 14, 2025 (with a change to the accounts payable warrant number), Warrants #4 (July 22, 2025) and #5 (July 25, 2025), the Treasurer's Report dated July 25, 2025, and the Tax Collector's Report dated July 25, 2025. Each approval is recorded in the minutes as 2-0; the minutes do not record who moved or seconded each motion.
Financial figures recorded in the minutes include a Trio-General Ledger balance of $1,051,871.52 (as of 7/25/2025), a six-month certificate of deposit for $105,382.87, and investment/bond market values of $3,499,504.31 (5/31/2025) and $3,522,980.90 (6/30/2025). The tax report lists FY25 receivables of $34,313.67 (98.61% collected) and FY24 receivables of $20,055.88 (99.05% collected). Payroll and accounts payable totals were recorded as Town P/R #4 $14,272.70 and Town A/P #5 $368,468.83, for a total of $382,741.53.
The minutes list these approvals and figures but do not include additional supporting documents or the names of motion makers in these lines; any further detail would appear in accompanying finance reports not reproduced in the minutes.
The meeting adjourned at 7:20 p.m.
