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Barre board approves interfund transfers to balance water district accounts
Summary
Board members approved interfund transfers (account 5031) to move funds between water districts and reimburse water service provider LGFS; members described the transfers as bookkeeping to balance district accounts.
The Barre Town Board discussed and approved interfund transfers to move monies among water district accounts and to reimburse LGFS for water services. Officials explained account code 5031 is used for interfund transfers and that the transfers move receipts into a fund balance for water districts before reallocating to district accounts as needed.
A board member summarized the intent: "It's basically being put into that account to pay LGFS and have it divided between the water districts." The board signed the transfer paperwork and carried the motion to approve the transfers. Members said the transfers are routine bookkeeping to even out accounts rather than new revenue or a single‑use appropriation.
