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Richland board approves 2025 budget reserve transfers
Summary
The Town of Richland Board voted unanimously Feb. 18 to accept a set of 2025 year-end budget and reserve account transfers, with Councilman Larry Atkinson moving the measure and Councilman Eric Pappa seconding. Detailed line items were appended to the meeting minutes.
The Town of Richland Board voted unanimously on Feb. 18 to accept a package of 2025 budget and reserve account transfers. Councilman Larry Atkinson moved to accept the transfers and Councilman Eric Pappa seconded; a roll-call vote recorded all members as "AYE," carrying the motion.
The transfers and related line items were entered into the meeting record and appended to the minutes. Examples listed in the transfer schedule include interest and reserve adjustments such as A917 entries (A917 $7,343.01; A231 A917 $1,906.95; A233 A917 $3,023.03) and an A235 assessment revaluation entry of $12,272.99. Town records show larger reserve movements as well, including $25,000 transfers between Money Market and Capital Reserve accounts. The minutes state that the full transfer schedule is part of the official meeting documentation.
