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Selectmen approve warrants, note $461,904 town ledger balance and bond holdings
Summary
Selectmen approved warrants and the treasurer’s report, which lists a Trio-General Ledger balance of $461,904.18 and investment bond holdings in the millions; the meeting included an investment-portfolio update from Bar Harbor Bank & Trust.
The Winter Harbor Selectmen on Sept. 8 approved warrants and accepted the treasurer’s report, which lists a Trio-General Ledger balance of $461,904.18 as of Sept. 5, 2025.
Town records provided at the meeting also list a 6‑month certificate of deposit at $105,382.87 and investment/bond holdings of $3,522,980.90 and $2,977,111.23 on the two market-value dates shown in the minutes. The Selectmen approved the Treasurer’s Report dated Sept. 5, 2025 by a recorded vote in the minutes.
The meeting included an informational presentation from portfolio managers representing Bar Harbor Bank & Trust, who were listed in attendance. The town also recorded distribution of an Investment Statement and a separate Schoodic EMS report in the packet of FYI materials.
The Selectmen approved Warrant #10 (dated Sept. 2, 2025) and Warrant #11 (dated Sept. 5, 2025) and approved the minutes from Aug. 25, 2025; the minutes record the approvals as 'Approved 3-0' and 'Approved 2-0' for the referenced items.
