Select Board approves $795,000 transfer into new Special Projects Reserve fund

Nov 18, 2024

The Richmond Select Board voted unanimously to transfer $795,000 from unassigned funds into a newly created Special Projects Reserve fund, preserving leftover ARPA‑era dollars for town projects including park improvements and broadband work.

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The Richmond Select Board voted to transfer $795,000 from unassigned funds into a newly created Special Projects Reserve fund, a move the board said preserves remaining ARPA‑era dollars for multi‑year projects. The motion was made, seconded and approved in a roll‑call vote during the Nov. 18 meeting.

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