Board approves new investment and deposit authority policies
The Auburn Board of Selectmen unanimously approved updated investment and deposit authority policies. Town Treasurer Christine Tewksbury, in office since 2020, explained that the town maintains approximately $2 million in the NH Public Investment Pool earning 4.5 percent annually, while the general
Board of Selectmen · Meeting of August 17, 2026
NH AUBURN — The Auburn Board of Selectmen unanimously approved updated investment and deposit authority policies. Town Treasurer Christine Tewksbury, in office since 2020, explained that the town maintains approximately $2 million in the NH Public Investment Pool earning 4.5 percent annually, while the general fund holds about $9.5 million in a checking account earning 2.25 percent. The updated policy allows flexible transfers between accounts to maximize returns while maintaining operational reserves.
In other business, the selectmen voted unanimously to forgo an appeal and motion to rehear a case at Rockingham Superior Court.
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Source: the Board of Selectmen meeting of August 17, 2026, reported from the official video recording and transcript.
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