Economy

The deal was financed in part with a “rollover for business startups,” or ROBS, which provides penalty-free access to retirement income to buy a business and pay startup costs.

Tight inventory and rising interest rates contributed to a sales decline of 23.41% from a year ago, though the median home price rose slightly, to $332,000.

The Damariscotta-based banking firm, with 18 branches in Maine, posted its fifth consecutive quarter of record earnings.

The bill, which is on Gov. Janet Mills' desk, would increase reimbursements for school districts to buy local food from $1,000 to $10,000 and also widen the menu of food types schools can buy from farmers and producers.

The tribe, based in Littleton, will use money from the Indian Community Development Block Grant Imminent Threat program to provide food storage at its food pantry; the grant was part of $100 million distributed in five rounds through the federal CARES Act.