Trustees of Trust Funds Meeting
Submitted on September 5, 2019 - 4:06pm
Date:
Monday, September 16, 2019 - 4:30pm
AGENDA
- Introduction of Richard Baker, new Chair of the Trustees of Trust Funds–other members
- Trustees are regulated by NH Department of Justice, Charitable Trusts Unit, primarily RSA 31 – 200 page handbook for Trustees of Trust Funds and others, phone support
- Voting on payment requests/expenditures – at meetings only, by e-mail, by default 'yes' notification, not by phone because there is no record
- Future meetings – monthly, quarterly, other – post agenda – post minutes of meeting - stipends
- Mail pickup – coordination with town office staff
- Record keeping – files on computers, backup copy electronic and paper, file cabinet in town office safe – records kept of all investments, receipts, disbursements, decisions, meetings, correspondence, etc.
- Banking – keep as is for now – look at other possible investment strategies in new fiscal year – signature cards – monthly statements with ledger entries for each account
- Reports – town report, state MS-9 (MS-10), auditors
- Required annual Investment Policy, copy to State of NH, Attorney General – pages 112-117 of manual with suggestions
- Public participation
- Other business
- Adjournment