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Canterbury Trust Funds Approve Policy Changes, Set Library Disbursements

misc · Meeting of May 4, 2026

NH CANTERBURY — Canterbury trustees approve new investment policies and establish library trust disbursement procedures. Chairperson Greg Heath and fellow trustees Silvia Styles and Tiffany Brown unanimously approved updated investment policies reflecting the board's transition to new investment firm PTMA, including a benchmark comparison for investment returns. The board also approved annual disbursements from three nonexpendable library trusts: 1,032.09 dollars from the Lucia Elkins Library Books trust, 216.39 dollars from Frank Drew Library, and 239.12 dollars from the Arthur and Mary Mudge Library trust.

The distributions comply with state law requirements for income-only trust payments.

In the full story:

  • The complete report — 280 words

Source: the misc meeting of May 4, 2026, reported from the official video recording and transcript.

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