Sep 2, 2016 11:54 AM

Rural town gets gift equal to about half its yearly budget

The Associated Press

TROY (AP) — A New Hampshire town is receiving a gift equal to about half its yearly overall budget from a 90-year-old woman who lived there in the 1960s and died earlier this year.

Betty Giorgianni died in April and left the town of Troy, population 2,000, more than $800,000.

Town Board of Selectmen Chairman Tom Matson tells New Hampshire Public Radio ( ) the board feels the gift will help pay for children's programming and activities. Some will also be put into savings for renovations to town buildings, including the Town Hall.

Matson says financing schools in the state is challenging, and the money will give the town some flexibility to work on some projects "that will really make a difference."

He says voters will eventually decide how to use it.

--  Need a new car or even a boat? Click here to check out the all-new NH1 Motors --



Must Read on

NH1 Dining

NH1 on Facebook

NH1 on Twitter