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The committee reviewed proposed budgets totaling millions of dollars, including $7.55 million for contributory retirement and $1.75 million for general insurance. It also recommended the salaries warrant article and received an update on expanded municipal electric rate relief.
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The committee examined department and benefit costs ahead of the town’s budget process. Hingham’s retirement system is projected to be fully funded by 2035, five years ahead of the state’s 2040 requirement. The committee also reviewed a proposed $451,800 budget for the Center for Active Living, which served 1,226 seniors and added 302 new members during the past year.
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