Cavendish Repays Delinquent Tax Note to Berkshire Bank
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Description
The Town of Cavendish utilized a $300,000 delinquent tax note from Berkshire Bank for the FY ending June 2025, repaying principal in July 2025. The note supported town cash flow for overdue taxes.
Contract Details
Contract Amount
$300,000 (Delinquent Tax Note on June 30, 2024)
Vendor
BERKSHIRE BANK
Agency
Town of Cavendish, VT
Contract Type
FINANCIAL_SERVICES
Document Date
February 26, 2026
Contract Term
Borrowed June 30, 2024; repaid July 7, 2025
Renewal Date
2025-07-07
Renewal Info
Loan repaid in full July 7, 2025. Future needs will be met through new short-term notes as required.
More from BERKSHIRE BANK
More from Town of Cavendish
town-of-cavendish-capital-plan-fy-2027-2032_477.pdf
town-of-cavendish-capital-plan-fy-2027-2032_477.pdf
Cavendish Select Board Meeting Minutes April 2026
Cavendish Select Board Meeting Minutes March 2026
Town of Cavendish Annual Town Meeting Warning Feb 2026
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