Trustees Reallocate $500K in Cash Reserves
Stratham Trust Funds trustees reallocated $500,000 from cash reserves to investments and approved nearly $20,000 in reimbursements.
Agendas & · Meeting of August 3, 2026
NH STRATHAM — Stratham Trust Funds trustees reallocated $500,000 from cash reserves to investments and approved nearly $20,000 in reimbursements. Chair Mikki Deschaine and Trustee Mark Ralabate voted unanimously to reduce cash and cash equivalents in capital reserve accounts to $500,000 and reinvest the remainder per investment policy. The board also unanimously approved a $17,652.49 deposit to the Municipal Transportation Improvement Fund from vehicle registration fees, and approved $19,719.80 in reimbursement requests from five trust funds and capital reserves, including nearly $13,000 for fire department equipment.
Cambridge Trust provided a quarterly review and noted continued portfolio strength in the second quarter despite market volatility.
In the full story:
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Source: the Agendas & meeting of August 3, 2026, compiled from the official minutes.
Checked against the official minutes.
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