The committee unanimously approved financial warrant recommendations for the May 11, 2026, Special and Annual Town Meetings, including removing the $125,000 health insurance stabilization fund item from Special Town Meeting Article 1. It also accepted the FY27 Finance Committee fiscal report for final corrections and submission.

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Briefing

Apr 2, 2026

Finance Committee Approves $23,600 Transfers

The committee approved two reserve fund transfers totaling $23,600: $3,600 for Tadgell School utility invoices and $20,000 for outstanding legal expenses. The remaining reserve balance is $45,400.

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Briefing

Mar 23, 2026

Committee declines personnel funding decision

The Finance Committee declined to take a position on whether $20,000 should fund a new Finance Director salary or provide additional funding for the deputy Fire Chief position. The committee also reviewed the town and School Department FY27 budget presentations.

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Briefing

Mar 10, 2026

Committee backs new free cash split

The Finance Committee voted 4-0 to change the free cash and stabilization-fund distribution from 40%/60% to 50%/50% for the FY2027 budget. It also voted 4-0 to recommend returning $300,000 in unspent health insurance funds to the stabilization fund, subject to a Town Meeting vote.

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Briefing

Feb 24, 2026

FY27 Budget Planning Advances

The committee reviewed preliminary FY27 town budget information showing a projected $141,036 increase, but took no vote because line-item details remain pending. The FY27 school budget was also incomplete and is expected in April.

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Briefing

Feb 20, 2026

Committee Approves $36,000 Security Release

The Finance Committee unanimously approved a $36,000 release from its reserve fund for upgraded security equipment, leaving $69,000 in the fund.

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Briefing

Jan 12, 2026

Committee Accepts Annual Financial Report

The Finance Committee accepted its 2026 annual report by a 5–0 vote. The committee also reviewed $1,418,350 in certified free cash, with 60% allocated to operations and 40% to capital expenditures.

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