Department of Public Works
Equipment
Capital Reserve Fund
First Established: 2008
Purpose: To provide funds for the purchase of equipment for the Department of Public Works.
2011 Year-end Balance: Principal $294,876; Income: $2,089.
Investment Policy: Invest in conservative instruments.
Current Investment: NH Trustees of Trust Funds Coalition Capital Reserve Fund model portfolio.
Income Distributions: As directed by Town Meeting warrant articles.
Principal Distributions: As directed by Town Meeting warrant articles.
Voucher: Click here to obtain voucher.