Virgil Stucker Joins Legacy Portfolio Management

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Virgil Stucker has been appointed vice president and business development officer
PITTSFIELD - Virgil Stucker has been appointed vice president and business development Officer for Legacy Portfolio Management, Legacy Banks’ investment division, according to Legacy Banks President and Chief Operating Officer Michael A. Christopher. With more than 30 years of experience in philanthropic investments, Stucker has been the founding or early-term director of five successful non-profit organizations, including the Berkshire Taconic Community Foundation and REACH Community Health Foundation. Additionally, he was vice president for planning, marketing and development for Northern Berkshire Healthcare. Most recently, Stucker established two organizations outside of Berkshire County, which serve as therapeutic communities for individuals with mental illness, both replicas of Gould Farm in Monterey where Stucker began his professional career in 1975. Throughout his career, Stucker has guided the creation, investment and operation of donor-advised funds, private foundations, charitable bequests, and charitable remainder trusts through financial institutions. He embraces the mission of community banking and is looking forward to this new professional chapter at Legacy, where he will be responsible for enhancing customer relationships and implementing business development plans to attract new clients to the bank’s investment services division. Christopher expressed his pleasure in welcoming Stucker to Legacy Portfolio Management, saying “Virgil shares our understanding that investment strategies must by tailored to meet the unique personal circumstances of each client. “His strong background in the management of donor funds and customer relationships will serve us well as he works to convey the benefits of Legacy Portfolio Management to current and prospective clients,” he added. Stucker has served on the boards of numerous nonprofit organizations, such as the Mahaiwe Performing Arts Center, Berkshire South Regional Community Center, the Children’s Health Program, Gould Farm, and Healthy Communities Massachusetts. He holds a bachelor's degree in philosophy and political science from Ripon (Wis.) College and a master's of business administration from Western New England College. He resides in Monterey with his wife. Legacy Portfolio Management, the asset investment and trust management division of Legacy Banks, serves private individuals and families, corporate and non-profit institutions, private charitable foundations and trusts, and public pension funds.
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Lanesborough Town Meeting to Vote Budget, Bylaws & Vehicle Purchases

By Breanna SteeleiBerkshires Staff

LANESBOROUGH, Mass. — Tuesday's annual town meeting includes a $14 million operating budget, new short-term rentals, accessory dwelling units and sign bylaws, and free cash article appropriations.

Voters will gather at Lanesborough Elementary School on June 9 at 6 p.m. to decide on 20 warrant articles.

The fiscal 2027 budget is up a little over 10 percent. Some of the main increases are the Mount Greylock Regional School District and McCann Technical School: the McCann assessment is up more than 30 percent based on factors including enrollment and the school renovation project, and Mount Greylock's is up 11 percent.

Article 11 is for the town to vote to approve from free cash the sum of $16,298.48 for the McCann Technical School roof and window replacement project so as not to impact the budget. Article 3 is  appropriate $7,586,284 for Mount Greylock Regional School assessment.

Another notable increase was in life and health insurance, showing an increase of about 26 percent.

Ambulance Director Jen Weber is planning 24-hour coverage, which means more staff and a hike in her budget. One of the articles asks the town to appropriate $234,100 to operate the Ambulance Enterprise Fund for salaries and expenses.

Many town departments are looking for new vehicles. The Fire Department is looking to replace its outdated 1996 fire engine. There are two articles related to the truck at a total of $813,366. Article 12 would transfer $225,000 from free cash into the Fire Truck Stabilization Fund; Article 13 would transfer $605,000 from the fund and authorize the borrowing of $208,366.08.

The total includes a $100,000 contingency cost to cover any additional costs if a 2026 model-year chassis cannot be secured before new emissions standards go into effect in 2027.

The board at its last meeting moved the $225,000 transfer to come before the borrowing article, changing the stabilization number. If the $225,000 is not voted on, then they will amend the next article's number on the floor, subtracting the $225,000. This shows the borrowing number significantly lower.

Article 17 asks for the transfer of $80,000 from free cash to replace a police cruiser.

Police Chief Rob Derksen's aim is to replace one vehicle every other year, meaning the oldest vehicle gets replaced about every 10 years. 

He stressed that if delayed this year, the town may have to double up in a future year to get back on schedule, and that paying later usually costs more. The article will ask for $80,000 from free cash, the vehicles used to be funded by the BHRD.

Lastly, the Highway Department is looking to replace a 2014 International dump truck that will be a total of $330,000 and will take two to three years to receive.

Money will be used from last year's approval of $250,000 from free cash for the replacement of a 2012 highway front-end loader that was underspent $49,261. Town meeting is being asked to approve  a transfer of $53,274.85 from free cash and the use of $227,464 from funds from the Sale of Town Real Estate to fund the balance.

Other free cash proposals include $1,200 to purchase software to support tracking and ongoing maintenance schedules of town-owned vehicles; $42,000 for the replacement of the Highway Department's storage shed roof, $200,000 to reduce the tax levy.

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