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New treasurer reports onboarding; board designates check signers
Summary
New Townshend treasurer Alicia Stratford reported account transitions and onboarding; the board voted to make her the primary check signer and Connie Holt a cosigner and discussed reducing the number of authorized signers.
The board heard a treasurer transition update from Alicia Stratford, who said she was "very happy to be here" and that the first week involved account transfers, logins and searching for an assistant.
Chair read bank balances into the record: the checking account held $362,559.18 and the town maintained $30,000 in a sweep account. After discussion about conflict-of-interest concerns with multiple signers, the board voted to designate Alicia Stratford as the primary check signer and Connie Holt as the secondary cosigner.
Alicia said she plans to reduce the number of signers and will continue to work on the municipal-banking paperwork with the board.
