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Putney taps Highway Capital Reserve Fund to buy two replacement trucks

Putney Selectboard · May 13, 2026
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Summary

The Selectboard voted to expend $134,382 for a Ford F600 cab-and-chassis and $300,768 for a ten-wheel tandem truck from the Highway Capital Reserve Fund; Highway Superintendent Lenny Howard reported the outgoing truck has 57,207 miles and the fund has a surplus of $324,918.58.

The Putney Selectboard approved two expenditures from the Highway Capital Reserve Fund at its May 13 meeting to replace aging highway vehicles. The board authorized spending $134,382 for a Ford F600 one-ton cab-and-chassis and $300,768 for a ten-wheel tandem truck.

Highway Superintendent Lenny Howard described the replacement need, noting one truck has 57,207 miles and that the cost estimates do not yet account for any trade-in or auction allowance. Town Manager Karen Astley explained the town contributes $175,000 per year into the Highway Capital Reserve Fund and reported a current surplus balance of $324,918.58.

Both motions were made by Aileen Tulloch and seconded by Rebecca "Bex" Slattery; each motion passed unanimously. The board discussed trade-in timing, vehicle useful-life policy (ten vs. twelve years), and directed the Treasurer to begin tracking maintenance costs for individual trucks beginning in July.