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Selectman urges clearer budget reporting of borrowed funds
Town of Winter Harbor Selectmen · August 11, 2025
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Summary
Selectman Sandy Fortin requested that borrowed amounts drawn from investment accounts be listed separately in budget reports and suggested raising sinking funds and obtaining more information from budget members.
At the Aug. 11 meeting, Selectman S. Fortin asked the board to show borrowed amounts taken from investment accounts separately in future budget reports. Fortin also recommended raising sinking funds and requested that budget members provide more detailed information to improve transparency.
No formal vote accompanied the request; it was recorded as a budget-related comment to be considered in future budgeting work and reporting protocols.
