Summary

Waterford Approves $115.4 Million Budget

WaterfordMay 6, 20262 min read

At a glance

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The RTM unanimously approved a $115,364,670 fiscal year 2027 budget, including $62,640,629 for the Board of Education and $52,724,041 for general government operations.

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Representative Town Meeting (RTM)

Topics discussed

Budget & TaxPublic SafetyEducation

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What this means

Waterford approved its operating budget for July 1, 2026, through June 30, 2027. The budget funds schools, public safety, capital improvements, municipal services, and other town operations. The RTM also unanimously approved the tax payment schedule for the next fiscal year.

Key decisions

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Approved the fiscal year 2027 total budget of $115,364,670 by unanimous vote.
Approved the Board of Education budget of $62,640,629 by a vote of 20-0-3.
Approved the general government operations budget of $52,724,041 by unanimous vote.
Approved the general government operations subtotal of $40,619,584 by unanimous vote.
Approved the tax payment schedule for real estate, personal property, and motor vehicle taxes for the next fiscal year by unanimous vote.
Approved a $3,364,490 current-year capital improvements budget by unanimous vote.
Approved an $816,971 transfer to capital and non-recurring expenditures by unanimous vote.
Approved the Fire Services budget of $4,345,218 by a vote of 21-0-1.
Approved the Police Commission budget of $7,307,124 by unanimous vote.

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