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Chichester commission reviews conservation fund accounting, delays in 2025 land‑use tax deposit
Summary
The Chichester Conservation Commission reviewed 2025–26 Conservation Fund accounting, requested formal accounting for the Shirley Waters Fund, and agreed to a CD strategy while assigning a follow-up to investigate a missing 75% land‑use‑change tax deposit.
The Chichester Conservation Commission reviewed recent accounting for the Conservation Fund and discussed next steps for managing reserves at its May 4 meeting at the Grange Hall.
Treasurer Robyn Lebreton presented accounting for the Conservation Fund bank account and a Conservation Fund CD covering 2025 and 2026 and said she had not been aware that the Shirley Waters Fund belonged to the commission. Lebreton agreed to provide accounting for the Shirley Waters Fund at the June meeting and to supply accounting either monthly if possible or quarterly at minimum.
Commissioners noted that a 75% deposit of 2025 land‑use‑change tax had not yet been posted. Commissioner Jeremy Letendre was assigned to investigate the missing deposit and report back to the commission.
Members discussed a strategy to maximize interest on reserves. Lebreton suggested alternating short, two‑month CDs while keeping $20,000–$25,000 available in the checking account for operating needs; commissioners agreed that approach was reasonable and consistent with their cash‑management priorities.
No formal motions or votes were recorded on the item. The commission set the accounting follow‑up and the land‑use tax inquiry as action items for the next meeting.
