Hope Select Board hears plan to boost reserve funds to avoid future borrowing

Jan 13, 2026

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.

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