CommitteeMillbury

Finance Committee

Track committee activity, current roster, and published meeting coverage for Finance Committee in Millbury.

0 active membersLast meeting Aug 12, 202614 summaries in 30d

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Active roster

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Aug 21, 2026

Municipality

Millbury

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Finance Committee Reviews Department Budgets

Published Aug 21, 2026

Related summaries

Published meeting coverage connected to Finance Committee.

Briefing

Jun 10, 2026

Committee Approves $143,500 Budget Transfers

The Finance Committee unanimously approved $143,500 in year-end transfers from town and school health insurance accounts to fund professional services, legal settlements, fire utilities, and highway services.

1 min readMunicipal coverage

Briefing

May 13, 2026

Finance Committee Elects FY2027 Officers

The committee elected Charles Cooper chair, Jennifer O’Connell vice-chair, and Judith O’Connor clerk for FY2027, with each vote passing 4-0. William Pratt’s resignation as vice-chair was announced; no 33B transfers or capital budget updates were addressed.

1 min readMunicipal coverage

Briefing

May 5, 2026

Finance Committee Recommends Screening Committee Member

The committee recommended Judith O’Connor to represent the Finance Committee on the Town Manager Screening Committee after a unanimous vote among participating members.

1 min readMunicipal coverage

Briefing

Apr 1, 2026

Committee Recommends $6.4 Million in Debt

The Finance Committee unanimously recommended $6,402,945 in total FY27 debt after updating the budget to include $465,000 in short-term borrowing interest for $15.5 million in school roof costs.

1 min readMunicipal coverage

Briefing

Mar 25, 2026

Committee Reviews Vocational School Budget

The committee discussed BVT's budget-reduction plan, which includes eliminating eight full-time positions while seeking to limit overall budget growth to 2.5%. BVT also reported a 3.95% increase in active-employee health insurance, a 1.81% increase in state aid, $51,503 more for regional transportation, and $250,000 from its Excess and Deficiency Fund.

2 min readMunicipal coverage

Briefing

Mar 18, 2026

Committee Recommends $63.2 Million Budget

The Finance Committee unanimously recommended accepting Millbury’s $63,191,448 Fiscal Year 2027 general fund budget as presented.

2 min readMunicipal coverage

Briefing

Mar 4, 2026

Projected Budget Deficit Falls to $606,000

Budget revisions reduced the projected deficit from $800,000 to $606,000 after sewer debt and short-term borrowing were placed in the sewer budget transfer. The committee also unanimously approved an $18,750 Reserve Fund transfer for an unforeseen Payroll Benefits Coordinator staffing cost.

1 min readMunicipal coverage

Briefing

Feb 26, 2026

School budget set for 4.62% increase

The FY27 school budget discussed for approval would increase by 4.62%, or about $1.2 million, over the prior year. Members said additional cuts would still be needed, and the budget includes two retiree positions that would not be filled.

1 min readMunicipal coverage

Briefing

Feb 25, 2026

Finance Committee Reviews FY27 Budget

The committee held a public hearing on the FY27 budget and discussed Emergency Management communication gaps, missing equipment, and whether a Reserve Fund transfer could support a new position. The excerpts do not document a final FY27 budget vote.

1 min readMunicipal coverage

Briefing

Feb 18, 2026

Finance Committee Reviews Operating Budgets

The committee reviewed Public Works and Tree Warden budget items, including a 2% salary placeholder and level-funded professional services; no budget vote was recorded.

1 min readMunicipal coverage

Briefing

Feb 11, 2026

Capital budget priorities face funding limits

The committee reviewed $3,269,102 in certified free cash and heard a recommendation not to add the usual $200,000 to the Stabilization Fund this year because of competing needs, including road funding, snow and ice costs, library HVAC work, and other capital projects.

2 min readMunicipal coverage

Briefing

Jan 28, 2026

Roof Borrowing Could Add $800,000

The Town expects about $800,000 in interest costs from an authorized roof project; that amount is not included in the current tax levy and will have to be raised. The committee also reviewed a 19% placeholder for employee health insurance costs while officials explore plan changes that could reduce the increase to about 8%.

2 min readMunicipal coverage

Briefing

Jan 14, 2026

Finance Committee Reviews Department Budgets

The committee reviewed proposed budgets for the Assessors, Town Clerk and Elections, Council on Aging, and Library departments. The Library reported receiving $40,000 in State Aid and plans to use $5,000 this year and next year to support salaries while maintaining eligibility requirements.

2 min readMunicipal coverage

Briefing

Jan 10, 2026

Millbury Begins FY2027 Budget Planning

Millbury began work on a first draft of its FY2027 budget, with goals of maintaining current services, balancing the budget, and reducing fixed costs. Departments were generally directed to stay within 2.5% increases, and the draft includes a 2.5% cost-of-living adjustment placeholder. The reserve fund balance was reported at $50,000.

1 min readMunicipal coverage