Board Approves Reserve Transfers in First Accounts
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Description
Vassalboro’s Select Board authorized several transfers among accounts held at First, moving surplus funds into designated reserve accounts for plow truck, transfer station, and Mill Hill bridge work. The actions correct past bookkeeping and align bank balances with prior town meeting approvals.
Contract Details
Contract Amount
$127,768.45; $250,000; $200,000; $40,000
Vendor
FIRST
Agency
Town of Vassalboro, ME
Contract Type
FINANCIAL_SERVICES
Document Date
January 22, 2026
Renewal Info
No change to underlying banking contract; action only reallocates funds among existing accounts.
More from FIRST
More from Town of Vassalboro
Town of Vassalboro Select Board Agenda 2026-05-28
Town of Vassalboro AgendaPacket Regular Select Board Meeting 2026-05-14
Town of Vassalboro AgendaPacket Regular Select Board Meeting 2026-05-14
Town of Vassalboro AgendaPacket Regular Select Board Meeting 2026-05-14
Vassalboro Select Board Meeting Agenda April 30 2026
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