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Select Board authorizes $250,500 in trust transfers and approves several withdrawals
Summary
The board authorized transfers totaling $250,500 to multiple Capital Reserve and Expendable Trust Funds (largest: $125,000 to Road Reconstruction CRF; $50,000 to a new Sidewalk Maintenance CRF) and approved withdrawals for invoices totaling several thousand dollars.
At its July 14 meeting the Jackson Select Board authorized the deposit of $250,500 into Capital Reserve and Expendable Trust Funds per warrant articles. The transfers included $15,500 to a Police Cruiser CRF, $125,000 to a Road Reconstruction CRF, $50,000 to a newly created Sidewalk Maintenance CRF, and smaller deposits to maintenance and equipment funds; the full breakdown was recorded in the minutes.
The board also approved withdrawals from trust funds to cover invoices: examples recorded include $1,800 from the Baker Prospect Farm Trust Fund (Invoice #547840, dated 6/09/2026, Michael Cormier), $1,891 from the Highway Truck CRF (Invoice INV0852628, dated 5/29/2026, Ossipee Mountain Electronics, Inc.), $6,800 from Bridge Repair ETF (Invoice #5439 dated 6/18/2026, Eastern Green, Inc.), and $7,473 from the Town Office Building Maintenance & Repairs ETF (invoices dated 6/30/2026 and 6/18/2026).
Frank DiFruscio moved to authorize the transfers and to request the listed withdrawals; Barbara Campbell seconded and the motions passed unanimously. The Select Board recorded the transfers and withdrawals for bookkeeping and compliance with the warrant articles and trust-fund rules.
