Greylock appoints Anthony Rinaldi as Director Emeritus

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PITTSFIELD, Mass. — Greylock Federal Credit Union's Board of Directors voted unanimously to appoint Anthony Rinaldi as Director Emeritus in recognition of his longstanding and distinguished service to the credit union.
 
In March 2024, the Board of Directors voted to confer the Director Emeritus designation on Rinaldi. Individuals who are appointed Directors Emeriti function as an advisory committee to the board of directors. Rinaldi's designation reflects a two-year term.
 
"I'm honored to have served with Tony and am gratified to recognize his years of dedication and commitment to the members of Greylock," said Board Chair Peter Lopez. "We look forward to his continued involvement with the board as an esteemed advisor and Director Emeritus."
 
Rinaldi joined the board in 1994 and served as Chairman for five years. He most recently served as chair on the Asset-Liability Committee, or ALCO, and the Compensation committee.
 
"I've known Tony for many years and it's been an honor to serve with him on our board," said Board Member Sheila A. LaBarbera. "Our board has truly benefitted from Tony's tireless service, expertise, and generosity through the years and we are thrilled to honor him in this way."
 
Rinaldi recently retired from his role as the Executive Vice President of Fairview Hospital for Berkshire Health Systems. He is a graduate of Boston College School of Management with a bachelor's degree in accounting. He lives in Pittsfield with his wife, Wendy.

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CBRSD Member Towns Will See Higher Assessments

By Sabrina DammsiBerkshires Staff
DALTON, Mass. — Despite budget cuts made by Central Berkshire Regional School District, its seven member towns can still anticipate higher assessments. 
 
The district has decreased its initial operating projections from nearly 10 percent down to 4.9 percent. However, the town assessments range from increases of 7.3 percent to 15 percent. 
 
Preliminary projections had the full budget at $40,284,107, however, it is now eyeing a significantly lower budget of $38,459,202. 
 
Of the total $38.5 million budget, town assessments would cover 54.07 percent at $20,794,393; state aid would contribute $10,238,937, 26.62 percent; grant funds $2,353,097; revolving funds $2,338,645; state aid for transportation $1,246,797; an excess and deficiency appropriation $1,227,333, and local funds $260,000.
 
The project net town assessments are:
  • Becket for $2,948,432, an increase of 8.78 percent
  • Cummington for 684,628, an increase of 7.36 percent
  • Dalton for $10,702,857, an increase of 12.11 percent 
  • Hinsdale for $3,412,948, an increase of 15.10 percent
  • Peru for $1,148,177, an increase of 12.42 percent
  • Washington for $861,996, an increase of 11.19 percent
  • Windsor for $1,035,355, an increase of 13.76 percent
The district is seeing the same decline in enrollment happening across the state, which is resulting in a decrease in Chapter 70 state aid. 
 
That is somewhat stabilized as the district is now in the "held harmless" category, so for the first time the state is saying the district's need in aid for its students is less than what it got last year.
 
With the number of costs outside the district's control, even a zero percent increase would still result in higher town assessments. 
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