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The FY2027 departmental requests exceed projected available revenues by approximately $2.1 million to $2.2 million. The Board identified health insurance as the forecast’s fastest-growing and largest single cost driver and discussed a possible future override, community summit, and public hearings.
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Shrewsbury’s financial forecast shows a gap between requested department funding and expected revenue for FY2027. The Select Board discussed working with the School Committee and Finance Committee on options, including whether and when to seek an override, which is a request for voters to approve additional revenue. A community summit could occur in late February or early March, with FY2027 budget hearings anticipated in late March or April. No votes were taken.
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