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Town Meeting Warrant Article of the Day: Article 20: Transfer to Stabilization

Warrant Article of the Day

As we ready for Town Meeting on May 13, 2025, the Town will be presenting information every day on different warrant articles.

The full warrant can be found here:  https://drive.google.com/file/d/1apqsGCynKuAbeG_joJnlRc1VtGlb2mc9/view?usp=sharing

Article 20: Transfer to Stabilization

The Town is requesting to transfer $101,015.00 to the Stabilization Account.  The Stabilization Account is the Town’s savings account.  The Town saves money there to be used in emergencies.  Some like to refer to the account as the rainy day fund.  The Town has financial policies in place that advise the town to maintain 5% of General Fund revenues in the Stabilization Account.To appropriate from the Town’s Stabilization account requires a 2/3rd vote of Town Meeting.


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