Hope Select Board hears plan to boost reserve funds to avoid future borrowing
At its Jan. 13 meeting, Select Board member Wayne Luce proposed increasing contributions to town reserve accounts, estimating the plan could result in $800,000–$1,500,000 in savings or earnings over 10 years and reduce the need for future bonds or loans.
The full story
Select Board member Wayne Luce outlined a multi‑year plan on Jan. 13 to increase Hope’s reserve-account balances so the town could rely less on borrowing for major expenses and instead earn interest on set‑aside funds.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
or
Free account
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in