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Wolfeboro manager outlines $1.27 million gap between proposed and default 2025 budgets, offers transfer package and items for selectmen review
Summary
Town Manager Jim Zardy presented the signed 2025 default budget to the Board of Selectmen, identified $750,679 in potential transfers and roughly $856,288 in items he recommends funding to maintain municipal services; he said legal advice excludes a one‑time ambulance appropriation from the default total.
Town Manager Jim Zardy told the Wolfeboro Board of Selectmen on March 26 that the town faces a $1,270,000 difference between the budget approved at the deliberative session and the 2025 default budget and outlined proposed transfers and discretionary items to close most of the shortfall.
Zardy said the town’s total proposed operating budget (including general fund, four enterprise funds and capital outlay) was $35,943,677 and that the default operating budget signed by the board on Jan. 27 is $33,000,006.50. He told the board he and department heads identified $750,679 in line‑item transfers they expect the board can approve and noted an additional $243,232 in items that he believes require selectmen action.
Why it matters: the default budget is now the town’s operating budget. Zardy said the differential between the deliberative session number and the default is concentrated in the…
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