Selectmen accept YTD budget update and adopt 2027 budget guidelines
July 15, 2026 | Wolfeboro Board of Selectmen, Wolfeboro, Carroll County, New Hampshire
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Interim Town Manager Barry Muccio presented a year-to-date operating report through June 30, 2026 and the Selectmen adopted proposed 2027 budget guidelines.
Muccio reported the General Fund at 43.9% expended, enterprise funds at 35.3%, municipal electric at 56.7% (partly due to a cold winter and power sales) and the sewer fund at 30.3%. He noted a $2.4 million bond due on July 15, 2026 and said about 60% of the budget is encumbered. Mrs. Murray reported approximately $230,000 in community center funds had been moved into the Trustees of the Trust Fund.
The Selectmen approved the proposed 2027 budget guidelines, emphasizing a conservative approach to non-discretionary costs such as wages and insurance. The motion to accept the guidelines passed 4-0.
Muccio reported the General Fund at 43.9% expended, enterprise funds at 35.3%, municipal electric at 56.7% (partly due to a cold winter and power sales) and the sewer fund at 30.3%. He noted a $2.4 million bond due on July 15, 2026 and said about 60% of the budget is encumbered. Mrs. Murray reported approximately $230,000 in community center funds had been moved into the Trustees of the Trust Fund.
The Selectmen approved the proposed 2027 budget guidelines, emphasizing a conservative approach to non-discretionary costs such as wages and insurance. The motion to accept the guidelines passed 4-0.
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