Finance Board Approves $1.9M in Year-End Transfers
The Guilford Board of Finance approved nearly $1.9 million in year-end transfers to close out fiscal 2025-26.
The Guilford Board of Finance approved nearly $1.9 million in year-end transfers to close out fiscal 2025-26.
Guilford's Board of Finance voted to fold the registrar of voters' stipends into salary lines, approving a 5 percent raise effective July 2027 followed by 2.5 percent annual increases.
Guilford's Board of Finance accepted June financial reports and marked member Rob Federici's resignation.
Guilford's Board of Finance approved a 28.40 mill rate for fiscal year 2026-27, a 2.73 percent increase over last year, at a brief special meeting Thursday. Chair Michael Ayles moved the rate change, which was seconded and passed by unanimous voice vote with no members opposed or abstaining.
Guilford's Board of Finance approved shifting $478,000 in unspent bond funds to cover an emergency pipe repair at Melissa Jones School.
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