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The Finance Committee voted unanimously to support Article 3, appropriating $2,326,346 to the OPEB Trust Fund for post-employment benefits. The committee also supported funding for CPC-related purposes, a Burchard Park playground, and creation of a Town Meeting Study Committee.
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The committee backed the full recommended contribution to the town’s OPEB Trust Fund, which helps pay benefits owed to former employees. Members also discussed creating a stabilization fund for future capital projects, potentially using debt-service savings and government efficiencies; the Town Manager will return with a recommendation. The committee requested an analysis of budget growth excluding debt service.
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