PARIS — Selectmen voted Monday to eliminate a financing plan from voters’ options for funding road improvements.

Selectman Ted Kurtz had advocated borrowing money at 3 percent interest for road work so crews could repair town roads using current prices for materials and gasoline rather than pay for the projected increases in material costs.

However, the board voted against Kurtz 4-1 to limit the options to $400,000 a year, the amount the Budget Committee approved for the 2012-13 budget year, or for the variable amounts recommended by the Road Plan Committee to repair a predetermined set of roads each year. That plan would have cost $510,000 for the 2012-13 fiscal year.

Selectmen acknowledged that the road repairs would cost more than estimated in the plan Town Manager Phil Tarr and Highway Foreman Dan Nowell created and that the Road Plan Committee recommended.

Kurtz said borrowing would eliminate waiting time for residents currently living with bad roads. They included some of the angry residents at a public hearing last year who complained of pot holes causing vehicle damage.

“I want to give them a voice,” Kurtz said.

Kurtz said the $400,000 in improvements the Budget Committee approved is only $100,000 more than the town usually spends. “If that’s what the people want, we’re going to live with the roads we have now,” he said.

However, other selectmen agreed with the Road Plan Committee that taking out a bond gives the town less flexibility in the future to pay more or less if the town has a good or bad year.

Selectman Kenneth West, who resigned Monday, said that an expensive bond could make the town less attractive to potential residents thinking of buying property. “I really don’t want to strap anyone who comes in with a bond,” West said.

[email protected]