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The committee agreed that Community Preservation funds generally must be spent by the end of fiscal year 2027, with exceptions for previously agreed long-term projects and designated trusts. It will use a conservative estimate of funds available for the 2026 application cycle because final property-tax figures are not yet available.
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Applicants will generally need to complete funded work by the end of FY2027 unless the committee has approved a longer timeline, such as for affordable housing, conservation land trusts, or long-term projects. The committee will vote on applications at its next meeting, in the order of administrative, historical, open space and recreation, and affordable housing projects. Members also discussed making a proposed volleyball court easier to relocate and using preservation funds for a feasibility study of accessible bathrooms at the town field.
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