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Woodstock OKs $400 trustee payment; residents ask about fund health
Summary
Voters approved Article 7 to appropriate $400 for the trustee of public funds and use trust income for payment; residents asked about the condition of trust funds, and officials said totals were up about 7.5% and cover the payment.
Article 7 asked voters to appropriate $400 to pay services of the trustee of public funds and to authorize expenditures from trust income. Residents asked about the health and size of the trust funds; a presenter said fund totals were up roughly 7.5 percent and that the funds cover the requested $400 payment.
After brief discussion and a short review of fund totals (participants referenced fund balances and page numbers in the meeting materials), the article was put to a voice vote and passed.
