HR board: reserve compensation fund created three months ago has not yet been used
September 07, 2026 | Newbury, Essex County, Massachusetts
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The Chair told members the reserve compensation fund approved at town meeting three months earlier has not been accessed since its creation. He said the board will be notified each time the fund is used and that future uses will occur with the Select Board's blessing.
"To the best of my knowledge, that reserve fund has not been touched since it was created 3 months ago and that's a good thing," the Chair said. The board did not take additional action on the fund at this meeting.
"To the best of my knowledge, that reserve fund has not been touched since it was created 3 months ago and that's a good thing," the Chair said. The board did not take additional action on the fund at this meeting.
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