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The Select Board approved the FY27 budget as presented by a 5-0 vote. A proposal to shift a $20,000 finance director stipend to a deputy fire chief position failed 2-2-1, while the budget retained the proposed finance director funding.
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The approved budget includes funding for an economic development planner and a finance director function, with the finance role initially assigned to an existing employee through a stipend. The town also discussed approximately $23 million in potential borrowing for selected capital projects, supported by existing operating allocations for annual debt service. School officials reported that the proposed budget includes no layoffs, and moving expenses related to the Cold Spring closure are expected to be the largest upcoming facility cost.
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