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Selectboard approves policy to put tax credits of $5 or less into general fund
Summary
Treasurer Julie Bessette asked the board to adopt a bookkeeping policy to deposit tax credits of $5.00 or less into the general fund; Vice Chair Marie Jewett moved the measure and it passed 5–0.
Treasurer Julie Bessette asked the Selectboard to allow tax credits of $5.00 or less to be recorded as revenue to the general fund to reduce administrative burden. The request was placed on the agenda as an adjustment, moved by Vice Chair Marie Jewett and seconded by Shauntell Barnum; the motion passed unanimously, 5–0.
Board members did not discuss a dollar estimate for how often such credits occur; the motion formalizes a recurring bookkeeping practice rather than authorizing a specific one-time expenditure. The board recorded the vote and instructed the treasurer to implement the change in the town’s accounting procedures.
