3M Settlement Funds Applied to Water Enterprise
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Description
Groton will apply $33,000 from the 3M settlement receipts to help fund the FY 2027 Water Enterprise operating budget. The funds supplement water rates, enterprise free cash, and a general fund contribution.
Contract Details
Contract Amount
$33,000
Vendor
3M
Agency
Town of Groton, MA
Contract Type
FINANCIAL_SERVICES
Document Date
May 2, 2026
Contract Term
Fiscal Year 2027 allocation in Water Enterprise Budget
Renewal Date
2027-06-30
Renewal Info
Annual budgeted use of settlement receipts; future use subject to subsequent Town Meeting appropriations.
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