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Winter Harbor moves FEMA funds into investments; Treasurer's report accepted
Summary
The Board accepted the Treasurer's report and recorded a transfer of received FEMA funds into the town's investment account; balances reported include $774,037.68 as of Oct. 17, 2025.
At its Oct. 20 meeting, the Winter Harbor Board of Selectmen accepted the Treasurer's report dated Oct. 17, 2025, by a 3-0 vote. The report lists a balance of $774,037.68 (10/17/2025) and notes investment accounts are shown at market value.
The Town Manager reported that FEMA funds recently received were moved into the town's investment account; a check was written to effect the transfer. The minutes do not list the FEMA award amount or the specific investment vehicle used.
