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Commission approves February financial report; town reports over $5.3 million in cash and investments
Summary
Treasurer Darlene Hopper presented February 2025 financials showing cash and investments of $5,325,662, revenue YTD $5,444,136 (73% of budget), and expenditures $3,371,297 (45% of budget); the commission approved the report 5-0.
Town Treasurer Darlene Hopper presented the February 2025 financial report on March 24 and answered commissioners’ questions. She told the commission that cash and investments totaled $5,325,662 and that revenue year-to-date was $5,444,136, representing 73% of the annual budget; expenditures were $3,371,297, or 45% of budget.
Commissioner Steven Smith moved to approve the February 2025 Financial Report; Commissioner Kathleen McGahran seconded and the motion passed 5-0. Treasurer Hopper said the full report is attached to the agenda for detailed line-item review.
