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Greenfield Selectboard reduces paving reserve to $75,000 during 2026 budget review
Summary
At its Feb. 11 meeting the Town of Greenfield Selectboard trimmed the proposed Paving and Infrastructure Capital Reserve Fund (Warrant Article #13) to $75,000 and discussed using fund balance to pave the remaining portion of Slip Road under the annual paving warrant article.
The Town of Greenfield Selectboard reduced the proposed contribution to the Paving and Infrastructure Capital Reserve Fund to $75,000 during its Feb. 11, 2026 budget work session.
The change came as board members reviewed feedback from a Feb. 4 budget hearing and discussed whether to use town fund balance to seed the new CRF so the Department of Public Works could pave the remaining portion of Slip Road while still advancing the annual paving warrant (Article 12). The minutes list the paving CRF as Warrant Article #13.
Chairman Tom Bascom and Selectmen Michael Borden and George Rainier discussed the trade-offs between establishing the new reserve and preserving available fund balance. After deliberation the board decided to lower the CRF contribution to $75,000 for 2026; the minutes do not record a roll-call tally for that decision.
Earlier in the meeting the board reviewed and approved routine items listed on the consent agenda, including a Payroll Check Register dated Feb. 11, 2026 for $40,296.92, the Q1 sewer tax levy and supporting worksheets. Selectman Michael Borden moved to approve the consent agenda; Selectman George Rainier seconded and the board voted 3-0 to approve.
The Selectboard concluded its budget discussion at 7:03 p.m. and adjourned the meeting at 7:06 p.m. following a motion from Selectman George Rainier and a second from Selectman Michael Borden that carried 3-0.
