Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance topic
No spam. Unsubscribe anytime.
Winter Harbor reports $860,580 in general ledger; tax collection rates remain high
Summary
At the July 14 meeting officials reported a Trio general ledger balance of $860,580.01 and investment bond values near $3.498 million; FY25 taxes were 97.57% collected and FY24 at 99.05%.
Town financials were reviewed at the July 14 selectmen meeting. The Trio general ledger balance was reported at $860,580.01 as of July 11, 2025; a six-month certificate of deposit was listed at $105,382.87 and bond investments were recorded at approximately $3,497,992.22 (4/30/2025) and $3,499,504.31 (5/31/2025).
The Tax Collector's Report dated July 11, 2025 was approved 3-0. The minutes list FY25 taxes receivable at $60,011.28 with 97.57% collected and FY24 at $20,055.88 with 99.05% collected. These figures indicate continued high collection rates for recent years; the board recorded the reports without extended debate.
