Source
Discussing the town's short-term investment account at the July 8, 2024 Board of Selectmen meeting, the town administrator told the board the town had roughly $3.4 million in it and that the town should "try to have as much money... including the AES balance in that account so that we maximize our interest earning potential" (~71:16). He explained that one option would be to encourage the school to open its own investment account, though "technically a school is only supposed to be spending what is budgeted," so unspent money "should go back to the town anyway," and that the town could instead agree with the school board that such money automatically flow into the AES Capital Fund, which would mean "that much less money that we as a town have to put into that Capital fund" (~71:16-73:18).