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Town accepts Treasurer’s report; investment accounts shown at market value

Town of Winter Harbor Selectmen Meeting · March 9, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Selectmen accepted the Treasurer’s Report with corrected typo; reported balances included a general ledger totaling $828,829.46 and bond/investment market values showing a small decline between two reported dates.

The Winter Harbor Selectmen accepted the Treasurer’s Report dated March 6, 2026 and noted a correction to a typographical error for the investment account. The report lists the general ledger balance as $828,829.46 and a six-month certificate of deposit of $107,539.29.

Investment values in the minutes appear as $2,868,410.00 and $2,864,051.00, listed as market values; the minutes do not include an explicit explanation of the change. During public comment Jackie Jacobs asked, “Is it correct the investment account lost money?” The Selectmen recorded the question but no additional detail or staff response is included in the minutes.