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Winter Harbor reports $1.05 million general balance, strong tax collection rates
Summary
Meeting materials list a Trio-General Ledger balance of $1,051,871.52, a 6‑month CD of $105,382.87 and bond investments of roughly $3.5 million; the Tax Collector report shows FY25 and FY24 collections above 98%.
The meeting packet presented by town staff lists a Trio-General Ledger balance of $1,051,871.52 as of July 25, 2025, and a six‑month certificate of deposit valued at $105,382.87. Bond investment values in the packet were reported as $3,499,504.31 (5/31/2025) and $3,522,980.90 (6/30/2025); the materials note that investment accounts are shown at market value.
Tax-collection figures included in the Tax Collector’s Report dated July 25, 2025 indicate FY25 taxes receivable of $34,313.67 with 98.61% collected and FY24 taxes receivable of $20,055.88 with 99.05% collected. Those percentages were recorded in the packet and the Tax Collector’s Report was approved by the board at the meeting.
