NewburyportNews.com, Newburyport, MA

Local News

September 30, 2013

W. Newbury board looks at items proposed for fall warrant

(Continued)

At the request of the auditor, excess funding — or net OPEB obligation — has been closed to zero for subsequent years. The study assumes an asset rate of return of 7 percent and the expected benefit payment will reimburse the General Fund for its expenditure at the end of the fiscal year, according to Sproul.

Kemper is looking for volunteers to participate on a Memorial Day parade planning committee. Anyone interested can contact the selectmen’s office, 978-363-1100, ext. 115

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