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The commission adopted its 2026–2027 economic development goals, with all voting members in favor and one abstention. It also approved spending $15,000 beginning July 1 to study a potential new tax increment financing district and approved sending proposed tax incentive changes to the Town Council for review on June 9.
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The adopted priorities focus on business incentives, infrastructure improvements, possible new tax increment financing districts, commercial regulations, public transportation, and placemaking. Proposed tax incentive changes would increase the maximum abatement from 50% to 60% and extend it from five to six years, with a new category for projects valued at $5 million or more; these changes are not final and will go to the Town Council. The commission also reported that preliminary public bus planning includes a potential transfer station near Stonebridge Crossing.
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