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Winter Harbor reports $1.31M general ledger balance; taxes collection rates noted
Summary
Selectmen accepted the Treasurer's and Tax Collector's reports on Oct. 31, 2025. The general ledger balance was $1,308,514.64; investments reported market value of $2,852,617.00; FY26 receivables totalled $1,222,310.25 (50.41% collected).
The Selectmen accepted the Treasurer’s Report dated Oct. 31, 2025 (approved 3-0). The minutes list a general ledger balance of $1,308,514.64 and a six-month certificate of deposit valued at $105,382.87; investment bonds were listed at $2,576,353.00 and a market value of $2,852,617.00.
The board also accepted the Tax Collector’s Report dated Oct. 31, 2025 (approved 3-0). The minutes record FY26 taxes receivable of $1,222,310.25 with 50.41% collected to date; FY25 receivables were $15,236.75 (99.38% collected) and FY24 receivables $3,712.75 (99.82% collected). The minutes do not include departmental budget adjustments or proposed spending changes.
