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Select Board agrees to reallocate surplus funds to capital and creamery projects
Summary
Board members discussed surplus balances and approved a motion to reallocate over $150,000 in surplus funds to the creamery project and capital building fund; the motion was seconded and approved by voice vote.
Members reported a surplus (described in the meeting as over $150,000) and debated possible uses including equipment, paving and other capital needs. One member moved "to reallocate the funds to the creamery and to the capital building" and another seconded; the motion passed by voice vote.
Board members discussed prior transfers (including ARPA transfers) and noted that some previously allocated amounts had been returned to the regular budget. The board asked staff to prepare specific transfer language and to include the item on an upcoming town meeting or budget agenda for formal ratification if required.
