Special Town Meeting
June [email protected]:00 pm-7:00 pm
Warning – SPECIAL TOWN MEETING
TOWN OF STOCKBRIDGE
June 6, 2023
Legal voters of the Town of Stockbridge, County of Windsor, State of Vermont, are hereby NOTIFIED and WARNED to MEET at the Union Meeting House located on Stockbridge Common on Tuesday, June 6, 2023, at 6:00pm, to transact the following matters:
Article 1: Does the town vote to approve transferring an amount up to $183,127 from the Highway Equipment Fund to the Fire Department Equipment Fund to fund the balance of replacing the 1987 Fire Truck as approved by the voters at the annual March 22, 2022 Town Meeting?
To remind voters, the town voted to approve replacing the 1987 Fire Truck on the 3/2/2022 on the Town Meeting Australian Ballot. The article was approved by a vote of:
Yes – 150
No – 28
Blank – 8
Total cost for the replacement truck $342,127
Fire Dept Equipment Fund $163,000
Remaining Balance $183,127
The final cost of this town approved purchase is $342,127. $163,000 of this amount will be funded from the Fire Department Equipment fund. The board is seeking approval to fund the remaining balance of $183,127 by transferring funds from the Highway Equipment fund to the Fire Equipment fund. There is $360,779 available in the Highway Equipment fund as of 2023. Doing so will save the town between $25,000 and $35,000 in interest that would be incurred if the remaining balance was financed.