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Board approves movement of $613,594 to money market, allocates $219,567.22 to water and sewer
Summary
Finance report: board approved transferring $613,594 into the money market and credited $219,567.22 to the water and sewer account for auditing purposes; Sandy clarified the split during the meeting.
Sandy reported financial adjustments and sought a motion to transfer funds into the town money market. She said the board preserved water and sewer receipts that came in on taxes and moved $613,594 to the money market while allocating $219,567.22 to the water and sewer account for auditing clarity.
A motion to approve the transfers was made and seconded; the board voted in favor. Sandy asked that the changes be noted for auditing purposes and provided account-level details for the record.
