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FINANCIAL_SERVICESDISCUSSSED

Town Budget Committee Meeting Minutes December 2025

Town Clarifies 2025 Promissory Note Use

Town of WestmorelandSAVINGS BANK OF WALPOLEDecember 17, 2025

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The town used a short-term promissory note from Savings Bank of Walpole in 2025 to cover operating expenses while awaiting incoming remittances. Meeting minutes clarify that this borrowing did not constitute exceeding the 2025 budget.

Contract Details

Vendor

SAVINGS BANK OF WALPOLE

Agency

Town of Westmoreland, NH

Contract Type

FINANCIAL_SERVICES

Document Date

December 17, 2025

Contract Term

Promissory note over a period of a few weeks in 2025

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