PHILLIPS — Selectmen learned on Tuesday night that the town coffers are leaner than in past years.

Even though the municipality has kept increases to its day-to-day operating costs to a minimum over past years, state revenue cuts and added expenses have used up money that has provided a cushion for emergencies. Although revenue continues to decline, taxpayers have been asked to accept additional costs.

The unassigned fund account balance as of June 30, 2013, was $644,856, according to Town Manager Elaine Hubbard. She said town officials are hoping that another $11,000 will be added to that.

“That’s cutting it a little close,” board Chairman Lincoln Haines said.

Hubbard also reported the state subsidy for road repairs has been reduced from $45,000 to $41,000. Only a few years ago, she said, the town got $54,000 to help maintain roads.

In other news, Sylvia Lambert was appointed to serve on the Phillips Micro-Loan Committee. The loan program provides financing to new and existing businesses in Phillips, Avon and Madrid with a goal to create or retain jobs for residents with low to moderate incomes. The review committee develops and oversees all policy and procedural requirements of the Micro-Loan program.

Selectman Ray Gaudette said he received calls about noise coming from Bruce Manzer’s business.

Manzer legally is allowed to start running his asphalt equipment at 4 a.m., but he can’t start using the rock crusher until 6 a.m., Hubbard said. The crusher can be used from 6 a.m. to 6 p.m. on weekdays, and from 7 a.m. to 5 p.m. on Saturdays, Gaudette said.

Town and the state laws restrict decibel levels and times when noisy equipment can operate, but as long as Manzer is in compliance, he is allowed to operate the asphalt equipment and crusher.

Manzer does plan to meet with Tom Marcotte, the town’s code enforcement officer, Hubbard said.

Fire Chief James Gould requested that selectmen provide a strategy for replacing one of the older firetrucks. He had hoped the money would be available in the new budget, but selectmen agreed that a purchase had to be delayed. This year, the fire engine would be repaired.