Rangeley board backs modified budget plan, pulls $245,000 from undesignated fund balance
After debate over reserves and paving projects, the board voted to adopt a modified budget option (Option 5) and to transfer roughly $245,000 from undesignated fund balance to a designated fund while leaving radio tower, cemetery and cable reserves intact for now.
The full story
The Rangeley board voted to adopt a modified version of the town manager's budget-adjustment package, approving the use of undesignated fund balance to reduce the amount the town will ask taxpayers to raise in the coming year.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
or