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Winter Harbor board moves FEMA funds to investments amid discussion of new pumper tanker
Summary
The board voted to move all FEMA funds into the town's investment account as discussion continued about purchasing a new pumper tanker fire truck; vote recorded 3-0.
At the July 14 meeting the Town of Winter Harbor Board of Selectmen discussed purchasing a new pumper tanker fire truck and voted to move all FEMA funds into the town’s investment account to support capital options. The motion to transfer FEMA funds was made and approved 3-0.
The Treasurer’s report, approved at the meeting, recorded a Trio-General Ledger balance of $860,580.01 and a six‑month certificate of deposit balance of $105,382.87. Investment bond values were reported as $3,497,992.22 (4/30/2025) and $3,499,504.31 (5/31/2025). Town payroll and accounts noted Town P/R #1 $19,332.07 and Town A/P #3 $122,115.07, totaling $141,447.14.
Separately, the minutes note that J. Tracey, listed as Fire Chief/Road Commissioner, is expected to start next week; the board discussed the fire department’s equipment needs in that context. The minutes record that the board considered moving FEMA funds into investments rather than holding them in a separate account; the motion passed 3-0.
The minutes do not record a final purchase authorization for a specific truck; they record discussion and the transfer of FEMA funds to the investment account as a fiscal step.
