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Council approves routine bills and reviews reserve, CD options
Summary
The Randolph board approved monthly bills and reviewed second-quarter finances; clerk April Groll reported bank statements and a P&L, and the board discussed replacing reserve funds used for roads and checking CD rates with the bank.
Clerk April Groll presented bank statements for the month and a profit-and-loss report for quarter two of 2026, then read the monthly bills. Councilor Clay Barker moved to approve the bills and Kathy Argyle seconded; the motion passed with unanimous consent.
Groll said that after purchasing basketball standards the town would have "around $20,000 for some portable bleachers," and the board discussed whether to return money used from the general reserve fund for roads or invest funds in certificates of deposit; April will check current CD rates with the bank. No budget reallocations or formal reserve transfers were approved at this meeting; the board assigned follow-up to gather rates and costs and to report back.
The meeting also included routine procurement updates and bid openings; board members opened bids for the old tennis-court fence and accepted Laurel Telford's bid. Finance approvals at this meeting were limited to the standard motion to approve bills and acknowledgement of reports.
